XRPBTC Moving Average Analysis
Price moons on XRPBTC cause sharp turns in each moving average
First moon caused 50MA a U turn
Second 100MA U turn
Now we are approaching the 200MA's turn
The red horizontal dotted line and box in red shows a point where all moving averages were in the state that they will soon be in when XRPBTC makes its moving average U turn
Right now on the MACD we are higher than this horizontal point, suggesting that price on this chart will increase from here
The time period between the first 50 and 100MA moon points was about 2.5 years, right now we have experienced a long bear phase from XRP currently being in 2022 waiting for the 200MA
First moon caused 50MA a U turn
Second 100MA U turn
Now we are approaching the 200MA's turn
The red horizontal dotted line and box in red shows a point where all moving averages were in the state that they will soon be in when XRPBTC makes its moving average U turn
Right now on the MACD we are higher than this horizontal point, suggesting that price on this chart will increase from here
The time period between the first 50 and 100MA moon points was about 2.5 years, right now we have experienced a long bear phase from XRP currently being in 2022 waiting for the 200MA
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