✳️ XRP vs Bitcoin (Update)
Updated
So far it looks good.
I think I already mentioned the long-term higher low, June 2022 vs March 2023, this is matched by bullish divergence on the RSI.
After the initial 30% jump 21-March we had a drop consisting of 3 candles and thus doubt quickly creeps in.
This drop closed above EMA10, all days and today the pressure is upwards.
EMA50 (0.00001644) is the main resistance and above this level we can see fast growth.
The charts can change but once it starts going it happens really fast and the growth strong.
While the drop from Sept. until March is a long one, this is still a bullish trend with higher highs and higher lows.
The higher high confirms only/if/when XRPBTC moves above 0.00002900.
Thanks for your support.
Namaste.
I think I already mentioned the long-term higher low, June 2022 vs March 2023, this is matched by bullish divergence on the RSI.
After the initial 30% jump 21-March we had a drop consisting of 3 candles and thus doubt quickly creeps in.
This drop closed above EMA10, all days and today the pressure is upwards.
EMA50 (0.00001644) is the main resistance and above this level we can see fast growth.
The charts can change but once it starts going it happens really fast and the growth strong.
While the drop from Sept. until March is a long one, this is still a bullish trend with higher highs and higher lows.
The higher high confirms only/if/when XRPBTC moves above 0.00002900.
Thanks for your support.
Namaste.
Note
XRPBTC just hit a new high today, this is a very strong bullish development.A new high with this chart confirms as true and valid the recent bullish breakout that took place.
This breakout being confirmed as true signals a change of trend or the start of a new bullish wave.
Ripple winning the lawsuit would be major development for the entire Cryptocurrency market and a much needed one as the entire market is under attack.
The excuse for the attack is to "protect people" but the people that they are supposedly protecting are the ones being hurt the most, us.
We will need this win and many more.
May God help us.
A new bullish wave on a long-term higher low will lead to a long-term higher high.
Note
XRPBTC has more to give as revealed by today's move.Seeing that this pair moved first, it tells us that the action across the Altcoins market we are seeing is set to continue. Things are only getting started.
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