I have seen several charts of this and decided to throw my hat in in-terms of sharing what I see.
I definitely feel a is present.
I am showing a 3D chart to display.
"History doesn't repeat itself but it often rhymes" - Mark Twain
-This is what I think of when I view price fractals; whether it be the XRPBTC , XRPUSD, BTC and ETH....
Only time will tell if this does play out
I'll share close up photos of each cycle directly below
You can't fully appreciate how large this price explosion is because the chart auto-scales
Try pulling this chart up and not scaling it to get a sense during that time how unbelievable the movements were
Pink circle shows where I believe we currently are
NO, I absolutely do not feel our initial move up has concluded
We have taken a baby step towards where we will initially top
Please understand fractals within charts are not exact replicas of prior price movements, they are price movements and patters SIMILAR and not exact
If my analysis I have shared in the past is correct, we will ultimately initially have a euphoric blow-off top (price WICK) in this green rectangle, prior to consolidating lower
This view shows all of the moves I am anticipating
Pay LESS attention to TIMING
Pay MORE attention to PRICE APPRECIATION
I expect this to continue, hence why I show a higher XRPBTC relativity this cycle: a 1.618 fib extension of the existing cycle
Compare the large blue circle from each time period: shows the entire Wave 1 move
Compare the small pink circle from each time period: shows where we are today in relation to that same point in time back in 2017:
Fractals are where similar (NOT EXACT) price movements play out in the current time from a pattern that existed in the past. So while this move may take a little longer, I am still anticipating a price appreciation level that is similar.
Of course, Big Picture I am anticipating XRP to gain in dominance over Bitcoin, as it has shown historically to be gaining ground with "expanding cycles", but we'll revisit that after we make this large move :)
Unique Value I add to this space: