Do these look like correlations?
1. XRPUSD vs XAUUSD, 1W (top chart).
- gold and XRP flat prior 2019 notwithstanding XRP's 2017 bull run spike.
- gold increases 2019, moves flat 2020-2020 while XRP rises during last bull run.
- separation occurs late 2022 with gold increasing since. Will XRP catch up?
2. XRPUSD vs T10Y2Y US treasury yield curve, 1W (bottom chart).
- long term decline in curve to about Aug 2020 then increases to match XRP's price at top of last bull run.
- curve then declines and inverts matching XRP's drop and flat movement since last bull run.
- curve un-inverting and XRP recently increasing?
If rates are cut, are we going to see the curve un-invert, gold pump, and XRP spike above its ATH?
1. XRPUSD vs XAUUSD, 1W (top chart).
- gold and XRP flat prior 2019 notwithstanding XRP's 2017 bull run spike.
- gold increases 2019, moves flat 2020-2020 while XRP rises during last bull run.
- separation occurs late 2022 with gold increasing since. Will XRP catch up?
2. XRPUSD vs T10Y2Y US treasury yield curve, 1W (bottom chart).
- long term decline in curve to about Aug 2020 then increases to match XRP's price at top of last bull run.
- curve then declines and inverts matching XRP's drop and flat movement since last bull run.
- curve un-inverting and XRP recently increasing?
If rates are cut, are we going to see the curve un-invert, gold pump, and XRP spike above its ATH?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.