Three exponential decays in money supply preceded by pumps in all of its history. And the peaks are also exponentially decaying. It is like radio active waste that gets recharged by fiendish wall street algo bots. If tradingview had curve fitting functions we can get a more precise picture of timing, peaks and bottoms.
I am just posting this, because of all the excitement around XRP at the moment. Total2 alt cap is rising, yes, because it is in a bear flag. It will drop soon, and XRP will go down with all the cryptos, including BTC, Because BTC market cap is also dropping. Investors are moving money out of cryptos.
No moon or Alts season, before we see the money comeback and re-accumulation patterns.
Just my 2 cents. In fact i currently hold $20 of XRP. maybe I should sell them and buy myself lunch.
love this idea and I completely see it as a possibility still. Here is an old idea I shared with the community I think you will appreciate since our convo today. Ty btw, because it keeps me grounded as a trader to still stay open a farther low. .16 by december would blow my mind man. Truly would have to make the bags at 6 digits if that happens... but that is because I am a long term investor and short term day trader when the opportunity arises (allowing the long term bets to become free by playing the daily spot trades that show some opportunity for waves.
monetae_anon
⋅
SWELL event in two weeks. You don't think this will have an effect on price?
@SpartaBTC, havent looked into xrp btc pair. but yes looks reasonable. I find BTC pairs tricky to predict. Not sure why. Maybe two moving assets are harder to predict then one fixed to a stable coin or dollar.
SpartaBTC
⋅
@nagihatoum, Yes, it’s harder to predict, but these two XRP / BTC XRP / USD pairs can be used in cross-trading.