XRP - THIS TYPE OF ACCUMULATION WAS ONLY SEEN 3 TIMES IN HISTORY
Updated
XRP / USD TA
I know I'm not the only one who's been wondering about recent XRP accumulation for the last few weeks. You barely see any price action and ifs you do it's within a cent or two. Do you know what followed the other 3 times we've encountered similar movement from XRP? Yes, we had an enormous price action thereafter which resulted in more than 38,000% value increase back in 2017
When moon? When breakout?
Wouldn't we all want to know that! As you see from my XRP TA analysis below, we should be very close to it and I mean weeks if not days away. We have seen likely golden cross on 7H chart, we also see major 15 Month pattern which is coming to completion and has actually already completed on few other charts I did earlier and that breakout came with sideways accumulation. Well is that good news or no? With being unable to provide a 100% certain answer to this question all I can say is that I am leaning more bullish vs bearish, and NO, I'm answering this question 100% free from any bias, strictly looking and citing what you and I see on this chart. With approach of Singapore Blockchain Summit / Money 20/20 Conference March 19 - 21 I see it as superb opportunity for potential price rise.
I know I'm not the only one who's been wondering about recent XRP accumulation for the last few weeks. You barely see any price action and ifs you do it's within a cent or two. Do you know what followed the other 3 times we've encountered similar movement from XRP? Yes, we had an enormous price action thereafter which resulted in more than 38,000% value increase back in 2017
When moon? When breakout?
Wouldn't we all want to know that! As you see from my XRP TA analysis below, we should be very close to it and I mean weeks if not days away. We have seen likely golden cross on 7H chart, we also see major 15 Month pattern which is coming to completion and has actually already completed on few other charts I did earlier and that breakout came with sideways accumulation. Well is that good news or no? With being unable to provide a 100% certain answer to this question all I can say is that I am leaning more bullish vs bearish, and NO, I'm answering this question 100% free from any bias, strictly looking and citing what you and I see on this chart. With approach of Singapore Blockchain Summit / Money 20/20 Conference March 19 - 21 I see it as superb opportunity for potential price rise.
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