Through all the stress inducing moves that xrp can provide, it looks like it may have been a fake out to the bottom and now support on the hourly.
It would be nice to finally see this damn/cursed/bloody asset to move and catch up to its ATH from 2017 as has BTC. Especially with the BUY signal on the Hash Ribbons indicator...
Cost to much grief, buyers remorse...
Comparing 2020 dump over an 11 day period to the 2018 dump on the same 4 hour chart.
It appears we may be looking at a 1 day dump of 15% if the triangle is truthful to the dump prior.
BTC may touch 4,500.00 before it stabilizes.
Whale alert has also been made that large btc and usdt has been moved to binance.
Disclaimer: Amateur analysis.
Comparing 2018 BTC dump over an 11 day period.
Using triangle to analyze the dump and bottom, one can conclude in the next 1 day we might see a 15% drop following the top channel.
BTC 2020 is mirroring similar pattern.
Whale alert also has been made that btc and usdt has been moved to binance.
Amateur analysis
