The decline in the price of #XRP was part of the bearish outcome of the descending triangle formation. According to the pattern, a 25% correction was likely, which would send the Ripple price to $0.42. However, the altcoin halted its decline at $0.47.

Considering the above factors, the likely outcome is bullish, helping the $XRP price rise 13% to regain $0.60 and potentially move higher.