TheSignalyst

RIPPLE vs BITCOIN - Will History Repeat Itself?

Long
BITFINEX:XRPBTC   XRP / Bitcoin
I find this combination really interesting! Drop - Higher Low - Break - Rally!

For now, the Drop is already done!

The question is: Will this one repeat itself?

We need XRPBTC now to make a Higher Low, then break above the previous swing high!

For XRPBTC to go up, there are three scenarios:

1- Ripple UP, and Bitcoin DOWN (best case scenario)

2- Ripple UP, and Bitcoin UP but with Ripple moving up more aggressively.

3- Ripple DOWN, and Bitcoin DOWN but with Bitcoin moving down more aggressively.

Let me know your thoughts ;)

~Rich
This analysis is done using RichTL indicator
http://www.RichTL.com

Telegram Free Channel for Alerts:
https://t.me/thesignalyst

Youtube Channel:
https://youtube.com/c/thesignalyst?sub_confirmation=1

Instagram:
https://instagram.com/richthesignalyst

Comments

Nice job, Always making smart ideas! It's honor to follow you mate!
100coins
+2 Reply
@HusMah12 glad you like it
Reply
I might have read somewhere that EOS has experienced the same last year. Yet, after a while it could compensate the court issue. Time resolves many problems bro. Ripple is not expensive right now. After 3 years plunge it is quite natural to rise. All in all, the case with the US SEC will be settled and even if Britain & US are not willful to utilize cryptos like XRP, the world is going to continue with usage & investment advantages of not only XRP but also other Cryptos.

Hope it can make it back to where it really deserves.
+3 Reply
TheSignalyst mortezaemzajerdi
@mortezaemzajerdi that was a good read. Thank you for taking the time to share it with us gentleman
Reply
Probably not. The last pump was just before bad news for Ripple and the dump just after.
+3 Reply
@kerteenk, you have a point, let's wait and see what happens ;)
+1 Reply
Technical analysis looks nice, but the current drop is rapid due to fundamental analysis (bad news for the Ripple)
+2 Reply
TheSignalyst SkyRockSignals
@SkyRockSignals i agree that the latest drop is more aggressive than the first one 👌
Reply
Hope so; however, perhaps it’s not gonna happen before SEC court!
+2 Reply
@Simorgh, waiting for it then ;)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out