Striking similarities between early 2017 price action on XRP market cap and our present situation. I've overlayed the fracal from early 2017 and scaled it to fit our top of $2.92. If we follow the same pattern our bottom will be around $1.68. Back in 2017 we consolidated for about month before we broke out from that local top. From there it took rougly another...
- BTC and ETH dominances are declining. - BTC and ETH market cap have reached 4.236 fib extension (2017/2018 high and Covid 2020 march low). - Huge triangle/pennant on XRPUSDT daily/weekly; declining volume. Will XRP soak up market value from every other crypto and repeat what happened last bull cycle? Let's find out!
Great similarities between the '20 SEC lawsuit announcement and now, except that the whole market is down the gutter this time. Time will tell.
Our universe is designed with balance in mind. There is balance even if our limited mind and knowledge may not perceive it. Even in times of chaos, harmony, euphoria and despair. Perhaps this artwork had identified some of these balances for Bitcoin? It may be invalidated within hours of posting, but in that case we have failed to select the correct balances. Our...