✴️ XRP | Back To Basics (Strongest Bullish Wave Since 2020/2021)
Within 399 days, from March 2020 through April 2021, XRP produced a massive 1,800%+ bullish wave, we are nearing a similar scenario.
We are looking at XRPUSDT on the weekly timeframe.
Currently, XRPUSDT is trading weekly above EMA200, EMA100, EMA50, EMA21, EMA10 as well as MA200. This is happening after a very long consolidation phase.
The last time XRPUSDT traded above EMA100/50 weekly was in 2021 and a major bullish wave followed... We are definitely looking at a similar but much better situation.
Is like the technicals are quite similar but much stronger right now because the consolidation phase has been going three times longer than the previous cycle; The longer the consolidation phase, the stronger the bullish wave that follows.
It will be very interesting and exciting to see how far up it goes... The next All-Time High can vary wildly, the exact number, but there is no doubt that the long-term bias is up.
When Ripple settles with the SEC, that might be the catalyst for the final major jump.
The Altcoins should peak in 2024 while Bitcoin can take until 2025 before the bull-market is over and done.
We had plenty of time to prepare, more than a year... When everything starts moving it will be hard to keep up.
Good luck and great profits on the way up.
If you are reading this now, you deserve to be at the top.
Namaste.
We are looking at XRPUSDT on the weekly timeframe.
Currently, XRPUSDT is trading weekly above EMA200, EMA100, EMA50, EMA21, EMA10 as well as MA200. This is happening after a very long consolidation phase.
The last time XRPUSDT traded above EMA100/50 weekly was in 2021 and a major bullish wave followed... We are definitely looking at a similar but much better situation.
Is like the technicals are quite similar but much stronger right now because the consolidation phase has been going three times longer than the previous cycle; The longer the consolidation phase, the stronger the bullish wave that follows.
It will be very interesting and exciting to see how far up it goes... The next All-Time High can vary wildly, the exact number, but there is no doubt that the long-term bias is up.
When Ripple settles with the SEC, that might be the catalyst for the final major jump.
The Altcoins should peak in 2024 while Bitcoin can take until 2025 before the bull-market is over and done.
We had plenty of time to prepare, more than a year... When everything starts moving it will be hard to keep up.
Good luck and great profits on the way up.
If you are reading this now, you deserve to be at the top.
Namaste.
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