XRP Dominance still breaking upAfter reaching the breakout target of the smallest inv h&s pattern with quickness, XRP.D already seems to be validating the larger inv h&s target it broke above on the way to the first target. I anticipate the brown trendline(which is part of a channel) to provide some resistance initially but for it to overcome that before too long and continue up towards its next inv h&s target. I will post a link to my previous xrp.d chart underneath this synopsis. *not financial advice*
Xrpd
XRP dominance is currently retesting the neckline of inv h&s.Currently one candle close above the neckline and the current candle is so far retesting that neckline as support. If this validates we should see xrp gain a considerable amount of market dominance back that it had lost over the last few years. May take a few candles to confirm..could also easily dip back below the neckline for a bit as well as is common on most inv h&s patterns after the first initial breach above the neckline. Also possible it could trigger in the next few candles *not financial advice*
XRP SETTLEMENT! January 14th 2022 BOOM!Big explosion coming for XRP by Ripple Labs. Watch out for this one, entire market looks like October/November 2016, total2, bitcoin dominance, ethereum fractals, insane correlations 360°. I've been dedicating hours and hours analyzing hundreds of Alts, some are far ahead like doge, others haven't even started. 2022 is the year of the tiger, prepare for a big 2022 the likes of which we haven't seen in 100 years. All markets are showing a big parabolic phase ahead. Dow Jones, SP500, crypto, metals, bitcoin. Algorand for instance looks more like BNB mid 2018, so it can reach 3.50 next, or BNB 2017 and can reach 25 dollars. It could also be more like XRP October 2016 and reach historic highs to 60 dollars. Though I could be wrong and could blow up like Bittorrent February 2020 and only hit 15 dollars a nice 6x. Some Alts like Doge look promising as well. Doge aims to replicate XRP on the weekly as it nears third, a pump and dump from 23 cents to 70 cents and final wave which could be 1.92 like XRP or if lucky hit 5 to 7 dollars. Band is one of those out of the top 100 that really seems to want to excel dramatically, could continue mimicking ethereum and hit 20 dollars, 45 dollars and 420 dollars in second wave around summer of 2022. How crazy can this market get is anybody's guess but total2 looks primed to expand to insane multitrillion dollar highs. What's a few trillion among friends am I right? Thoughts in the comment section would be greatly appreciate it, don't want to miss anything out there, cheers.
XRP Dominance Chart This shows the % of the market XRP has, in alignment with my fibonacci set up on the normal chart, this one shows the same thing.
We have retraced to the 78.6 and already moved from this zone, a move higher would be a perfect bait and switch whilst people FOMO into other alts like Dogecoin.