Long

Updated

XRPBTC: MASSIVE Fractal, MASSIVE Opportunity

(Originally posted 06-02-20)

I have seen several charts of this and decided to throw my hat in in-terms of sharing what I see.

I definitely feel a fractal is present.

I am showing a 3D chart to display.

"History doesn't repeat itself but it often rhymes" - Mark Twain
-This is what I think of when I view price fractals; whether it be the XRPBTC , XRPUSD, BTC and ETH....

Only time will tell if this does play out

I'll share close up photos of each cycle directly below

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2015-2017 Cycle:

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2017 - Current Cycle:

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2017 Cycle Price Explosion:

You can't fully appreciate how large this price explosion is because the chart auto-scales

Try pulling this chart up and not scaling it to get a sense during that time how unbelievable the movements were

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Current Cycle - Where are we???

Pink circle shows where I believe we currently are

NO, I absolutely do not feel our initial move up has concluded
We have taken a baby step towards where we will initially top

Please understand fractals within charts are not exact replicas of prior price movements, they are price movements and patters SIMILAR and not exact

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Where to next?

If my analysis I have shared in the past is correct, we will ultimately initially have a euphoric blow-off top (price WICK) in this green rectangle, prior to consolidating lower

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In total, how do see this chart playing out?

This view shows all of the moves I am anticipating

Pay LESS attention to TIMING

Pay MORE attention to PRICE APPRECIATION

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If you evaluate the prior 2 XRPBTC fractals, you will that this bitcoin price relativity has price appreciation expansions: Meaning, with both cycles it has shown to increase in dominance relative to bitcoin (sorry maxis!)

I expect this to continue, hence why I show a higher XRPBTC relativity this cycle: a 1.618 fib extension of the existing cycle

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I thought of another way to illustrate where I feel we are in the movement, and why this first Wave 1 movement up will be much larger than most think

Compare the large blue circle from each time period: shows the entire Wave 1 move

Compare the small pink circle from each time period: shows where we are today in relation to that same point in time back in 2017:

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Remember: My hypothesis is the fractal from back in 2017 is beginning to play out right now

Fractals are where similar (NOT EXACT) price movements play out in the current time from a pattern that existed in the past. So while this move may take a little longer, I am still anticipating a price appreciation level that is similar.

Of course, Big Picture I am anticipating XRP to gain in dominance over Bitcoin, as it has shown historically to be gaining ground with "expanding cycles", but we'll revisit that after we make this large move :)

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Last Time:

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This Time:

CryptoBullGod

Twitter: @CryptoBullGod

Unique Value I add to this space:
youtu.be/YOa3NPEZuC0

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CryptoBullGod

Twitter: @CryptoBullGod

Unique Value I add to this space:
youtu.be/YOa3NPEZuC0

Also on: