XRP/BTC - Keep an eye on XRPBTC...
I'll admit, i'm a little more focused on XRPUSD compared to XRPBTC.
Today I realized i've probably missed a lot of the market movement as XRPBTC will start showing a lot of movement while alt-coins change directions. Especially since you can see Bitcoin market share is beginning to decrease again. Are Bitcoin funds moving to alts as BTCUSD hits resistance?
As you can see by the chart, there have been significant descending wedges which have resulted in a sharp increase when the wedge comes to an intersect.
We started a leg up from the current descending wedge and posted what I think is a Wave - 1 of an Elliott wave. We're forming a Wave 2 now as we continue to consolidate.
Wave 3 will be soon, and it just happens to coincide with some significant rumors of Ripple Sec hearings, Ripple partnerships, SBI exchange opening this summer, and Snoop Dog being at an upcoming Ripple Blockchain conference...
Regardless of the rumors, the patterns are flagging for significant gains against Bitcoin.
If this is the moon-shot, Houston has already started counting down... Buckle up!
Today I realized i've probably missed a lot of the market movement as XRPBTC will start showing a lot of movement while alt-coins change directions. Especially since you can see Bitcoin market share is beginning to decrease again. Are Bitcoin funds moving to alts as BTCUSD hits resistance?
As you can see by the chart, there have been significant descending wedges which have resulted in a sharp increase when the wedge comes to an intersect.
We started a leg up from the current descending wedge and posted what I think is a Wave - 1 of an Elliott wave. We're forming a Wave 2 now as we continue to consolidate.
Wave 3 will be soon, and it just happens to coincide with some significant rumors of Ripple Sec hearings, Ripple partnerships, SBI exchange opening this summer, and Snoop Dog being at an upcoming Ripple Blockchain conference...
Regardless of the rumors, the patterns are flagging for significant gains against Bitcoin.
If this is the moon-shot, Houston has already started counting down... Buckle up!
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