12/20 XRP Rise and...still not $1

Looking at the long term path of Ripple, does this show why we can't trust those meteoric rises out of nowhere? It looks like a similar cup and handle type path until it breaks off and continues its journey to the dirt. I hope that's not the case but the overall trend isn't very exciting.... long term at least. I originally fell trap to the short-term window thinking there was a cup and handle (linked) which followed the path but I think it's not going to travel north. Oh well. Hopefully everyone enjoys the peaks.