XRP / Bitcoin forum

If
BTCUSD corrects further, the 34-week EMA at $83,280 will likely be the bottom, though it may temporarily dip below support as usual.
The key level to hold is the 21-week moving average, and we need to break and stay above $89,600 to invalidate the $83,280 bottom. Notably,
XRPBTC is holding strong and hasn’t capitulated as much as the
XRPUSD pair, suggesting that once Bitcoin bounces parabolically, XRP will take off making higher highs.
Based on my previous analysis, a correction on Friday seems more likely. Unfortunately, the math doesn’t lie. While I’ve been accurate so far, I’d love for the market to prove me wrong; I want the bleeding to stop!
Be sure to check the BLX chart, as it has the most historical data for Bitcoin. Just keep in mind there’s a several-hour delay, so don’t expect to see real-time price action.
The key level to hold is the 21-week moving average, and we need to break and stay above $89,600 to invalidate the $83,280 bottom. Notably,
Based on my previous analysis, a correction on Friday seems more likely. Unfortunately, the math doesn’t lie. While I’ve been accurate so far, I’d love for the market to prove me wrong; I want the bleeding to stop!
Be sure to check the BLX chart, as it has the most historical data for Bitcoin. Just keep in mind there’s a several-hour delay, so don’t expect to see real-time price action.