XRP Is about to grow really strong vs Bitcoin (XRPBTC). And it tends to grow fast...
How are you doing my fellow trader? This should be a nice one.
Notice how the last two bullish waves were super fast and strong. We have the break below support (orange line) and the formation of a bottom. This pattern is invariably followed by a strong bullish jump.
Now, in the past, prices were really high before jumping up. In both instances, Bitcoin was either dropping or consolidating.
➖ XRPBTC goes super bullish now, the bottom was hit in June 2024. At that time, Bitcoin was both, dropping and consolidating.
➖ As XRPBTC enters a bullish continuation, Bitcoin is likely to move lower or stay the same.
This move will be bigger than in previous waves, but why? Because of the major down-wave seen recently on the chart.
The stronger the correction, the stronger the bullish wave that follows. 👉 We have 164% target mapped on the chart, but there can be more.
My intention is to show you a great entry timing, a good chart setup so that you can have a great position with this and other pairs. When the market starts moving, green, you can take care of the rest.
This is not financial advice. All the information is shared for learning purposes mainly and for your entertainment.
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