XRP weekly chart cycle similarities and differences. white trendline begins at swing low prior to cycle top(orange), ends at .236 fib retracement(green) and then trendline is extended right. blue is a false break-out at the same point in larger fractal(boxed in blue by date tool). red line is started by small fractal(yellow), and ends at medium fractal(purple)....
hoping to see a longer term out of this reversal
i think XRP will continue upward. while BTC corrects downward and sideways for a some weeks. since xrp retested the 200 MA on the positive side and BTC retested the 200 MA on the negative. it looks like XRP's time is finally showing itself. im not always right. just my logic.
My idea has mostly to do with $BTC finding its bottom at this point in the cycle. thats where the real ALT season statrts, and $XRP enters the game. this is the Poloniex chart so the 83% correction is a little more exaggerated. this is where i think we are at on the weekly time frame for XRP/USD chart. XRP tends to follow its rhythm, its cycle closely. this is...
zilliqa on the weekly. broke the top of this parallel. should come back to retest it early 2021.