Hey traders, today we're taking a step back from hourly candles and we're looking at the 3 day time-frame on XRP/BTC.
In May 2017 we saw a 900% increase in 21 days
In December 2017 we saw a 1440% increase in 23 days
Now if you look at the chart we've been accumulating for just about 2 years. We look ready to pop off with an altcoin season in december-jan.
Right now we bounced off the white monthly support and regained the long-term uptrend that holds this entire piece together. We physically cannot go any lower, sounds delusional and ignorant, but if you really look at the bigger time-frame it all makes sense.
In December-Jan 2019 we should see a 500% increase in 23 days.
As always please do your own research, I am not a financial advisor.
In May 2017 we saw a 900% increase in 21 days
In December 2017 we saw a 1440% increase in 23 days
Now if you look at the chart we've been accumulating for just about 2 years. We look ready to pop off with an altcoin season in december-jan.
Right now we bounced off the white monthly support and regained the long-term uptrend that holds this entire piece together. We physically cannot go any lower, sounds delusional and ignorant, but if you really look at the bigger time-frame it all makes sense.
In December-Jan 2019 we should see a 500% increase in 23 days.
As always please do your own research, I am not a financial advisor.