XRPUSD Long - Fractal recognition
Here we have XRP and trying to find similar patterns. Since we are bullish near term on bitcoin we are bullish on major alts aswell. Law of diminishing returns tells me bitcoin will provide smaller gains than some of the alts. Unfortunately most of them are nowhere near real world usage and backing from real players. I think XRP is an exception and will be the standard of crypto markets in the future.
Pattern is very similar to the bouncing up and down before the last bull run except with less volume now so the wicks are not as extreme as back then.
Closer look
Pattern is very similar to the bouncing up and down before the last bull run except with less volume now so the wicks are not as extreme as back then.
Closer look
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