XRP
Education

The ''Pulse'' of an asset times Fibonacci: ripples in XRP

Updated

Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''.
When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series.
Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.

Each Line has Gravity .
Each Line must be Tested.
Each Line has a Personality.

Every Asset Class behaves this way.
Every Time Frame shows these ripples.
Every Human Brain is susceptible to them.

This is a followup to my previous tutorial linked below.
That one has gotten very long with so many updates as examples.
PLEASE spend some time on the numerous examples shown in the original publication:
The ''Pulse'' of an asset times Fibonacci
Note
Fibs dont lie. XRP with another Picture Perfect Ping snapshot

Zooming in we see how PRECISELY we can define the energy band snapshot This happens in ALL assets in ALL timeframes.

.
Note
Ping ... snapshot another confirmation. even it breaks through, that is evidence of that invisible line sitting there.

.
Note
XRP looks to headed to the next band up. snapshot
Note
XRP bounce currently stuck in this Blue micro Fib snapshot if it can break that 2.618, it should go to the 4.236, which would be into the next resistance zone.

.
Note
XRP in a critical zone here snapshot
Note
This zone still relevant but has been pierced. snapshot bulls need to push above zone and re-establish as support or face drop to zone below.
Note
XRP looks to have broken above this resistance band snapshot looking good.

.
Note
Ping ... snapshot
Note
Double Ping ... snapshot and not a good sign being rejected from a lower resonance

.
Note
Rut Roh, bad sign for XRP snapshot
Note
XRP trying to get back in the Groove after tumultuous swings snapshot this is a good sign that the lines are starting to reflect again.
Note
Rut Roh Xrp, bad sign for here under microscope snapshot looks like we are headed down to the next fib line

.
Note
my current XRP thoughts on chart snapshot
Note
Ripple approaching key ripples.
Looking at the bounce we see a clear 2.618 move. snapshot The Retrace us approaching that 1.618.

Zooming out to include the original fibs snapshot There is a confluence here of new 1.618 with 2.618 Pulse. Bulls need to hold this Zone.

.
FibonaccirippleSupport and Resistancexprusd

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

Disclaimer