Long

XRP - Bull Flag/Pennant for 2022 Breakout #xrpthestandard

Updated

So hopefully everyone made some good gains on the stage 1 pump of XRPBTC.

I expect consolidation over a week or so before the stage 2 pump to 20k+ sats.

Looking at the big picture for XRPBTC you'll see the fractals and historic patterns.

Note in particular:
- 280 bars between cycles
- stage 1 & stage 2 pumps are approximately halving (50% less) than the previous pump stages in the previous cycle
- blue trendlines are the converging bull flag
- yellow is a possible parabola

The halving of stage 1 & stage 2 pumps starts to show a symmetrical triangle or bull flag/pennant forming over years and converging 2021/2022 for a breakout to the upside from there (IMO).

Thoughts are my own and not investing advice.

Good luck! :)

Note

A quick update and looking at 2 snapshots of XRPBTC - one from this retrace and the other from the previous cycle. There's some uncanny similarities:
- similar chart/trading patterns
- relatively the same price levels
- even the days of the month match up!

Freaky... coincidence? Probably :)

Also, note that XRP lead the bull run in late 2017.

Note

Nov 2017 -

Note

Spet 2018 -

Note

Look familiar?

Note

Updated comparison charts. XRP led the bull run in Nov 2017. Could this be a sign?

Note

Sorry folks - the arrow pointed to the wrong section...

I was meant to point it here:

Note

It has begun :)

Rexcell

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