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Teklologist
Jun 5, 2020 4:33 PM

XRPBTC: Time to rally like it’s 2017 Long

XRP / BitcoinBitstamp

Description

Since XRP’s rally in Dec 2017, white vertical line indicates that rally’s start, XRP has undergone a massive Wyckoff distribution, red lines used to indicate the typical distribution pattern, and it has undergone Wyckoff accumulation, as similarly indicated by green lines.

No price target. Historically, alt coin rallies are short lived and intense rallies. A similar rally could happen this month of June. Or, XRP price could keep posting slight gains compared to BTC for a time until that typical alt coin rally occurs.

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