XRP moved several months before the rest of the market, giving us an early and very strong signal as to what was coming for the other pairs... This pattern is likely to repeat.
XRP started its correction before all the others, much sooner, because it moved based on the legal battle win rather than the broader market cycle influence; this is good, we can use it for our charting.
This pattern is likely to repeat next year.
XRPUSD is very likely to end its correction before the rest of the big players, the big capitalization Altcoins does, and so we can use it to know the levels and the magnitude of the next wave.
We can make projections and predictions about future price action but only with proof we can be certain.
If we see one pair growing to a certain level and then multiple pairs do the same, we can assume that the rest of the market will follow suit and grow in similar ways.
If we see one of the big players move first, we can assume the rest of the market is getting ready to follow because they are all connected, we are all connected, we are one and the same.
The correction continues to develop and it will soon speed up. It will continue to be slow and quiet and the BOOM!, surprise, massive flash crash, billions of liquidation, FOMO, fear, panic and the rest.
If you are reading this, it is of high probability that you are aware and likely prepared... If not, prepare for the worst and hope for the best.
Remember, regardless what happens in the short to mid-term, we are extremely bullish for 2024... We expect massive long-term, sustained growth.
Thank you for reading. I'll you around TradingView 😄
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