It's time for ripple again !
And I'm kinda on a roll today, no idea why, but I just can't stop with this sh*t lol.
So, XRP is the only altcoin that hasn't yet risen much since BTC made the last low and started rising now.
In fact, XRP seems absolutely unimpressed and the price didn't change much.
We must therefore look at XRPBTC to understand why.
XRPBTC is interesing: 95% of the time it keeps just going down down down, and then suddenly, around the bitcoin top, insane spikes !
We could see something similar happen as the last time.
There is a large triangle within a falling wedge structure in 2015-17.
Right now, a new big triangle has formed which will soon end.
If XRPBTC breaks to the downside, we might see something very similar happen as in 2015-17.
If it breaks sooner to the upside, the idea is invalidated. I see slightly more potential for a sooner break to the upside because stoch RSI is massively oversold on weekly.
Apart from the shorter term behavior, I think XRPBTC can easily reach the peak values again in the next 2-3 years. If BTC is at 100k in 2021, XRPUSD could go as high as 25-35 USD. Nice indeed!
Anyway, I'll continue to closely monitor our friend XRP here, because for me, this coin promises an interestingly high potential ROI (x100 possible imho)
Please don't start with cebtralized scamcoin blablabla, I don't really care about the features of coins any more. They can also be called coin A, coin B or coin C, I see them
as really interesting leverage instruments, not much more. The one true coin always remains bitcoin for me. However, I also want to use these lesser coins to make some nice gains,
nothing wrong with that, hehe. And for me, XRP currently has the highest potential.
That's it, and now I really stop for today XD