If you really analyze the XRP chart in depth, it has completely mirrored the fractal that Bitcoin has done. The only problem is that XRP is sitting at the level where Bitcoin was when it was $6,000, without a capitulation sequence. Will it happen? No way to know, but the fractal is playing out identically to this point. If it was to follow Bitcoin's fractal, it would crash down to around $0.125, and it would happen in about 2-4 weeks from now.
Good luck.
Good luck.
Note
With this recent pop in Bitcoin... this is a positive sign for XRP. The structure looks better.If we can get up here, the structure is no longer following the Bitcoin structure "perfectly".
Note
Note
It appears that we are going to be heading to $0.217 VERY soon.
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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.