The similarities are obvious! The 2014 bull market bottomed much quicker then our current one before it consolidated in a range for about 1 year and 4 months! After that the bull market we are still recovering from started! I can see this playing out like what is charted or similar to the November 2015 to February 2017 consolidation zone after we have reached the return to normal between 12 and 13.5 cents! After the bottom then we would conosilidate for a while like last time!
(Note what is charted is just similarites I am pointing out! I still believe Bitcoin is going to correct much farther down than everyone thinks! This would lead to XRP also correcting more than expected unless XRP stops being tied to the price of Bitcoin which I don't see happening anytime soon!)
(Note what is charted is just similarites I am pointing out! I still believe Bitcoin is going to correct much farther down than everyone thinks! This would lead to XRP also correcting more than expected unless XRP stops being tied to the price of Bitcoin which I don't see happening anytime soon!)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.