Ripple (XRPBTC) just printed a lower low compared to May 2020... We've seen altcoins produce a strong comeback lately right after breaking below support.
The same level XRPBTC hit earlier today and yesterday as support was also hit 3 years, back in December 2017.
This lead to a very strong bullish wave. Here is the chart:
When you look at the ATL back in Dec. 2017, we can appreciate a bullish wave of 1148300%... If we look at the mid-Dec. low, then we have over 1540%.
Right now, XRPBTC is bouncing off this same support level so a strong bullish wave can potentially follow.
Remember that you still need to build a plan/strategy before you trade. Use a stop-loss and be patient.
Always diversify and take your time before taking any action.
Patience is absolutely key.
Namaste.
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Let's have a look at Bitcoin and see what it has to say. I will share another update on Ripple (XRPBTC) but on the daily timeframe.
1,148,300% ?? Please do the math for me and calculate the potencial XRP market cap then to make us smile or even laugh
AlanSantana
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@Anoinvest, This percentage already happened based on the Binance XRPBTC chart.
Anoinvest
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@alanmasters, Allright allright I missed the point, where you count the very deep bottom dip towards ath. I didn´t pay proper attention and thought, that you are following one no named cannon which p00ps magics on newbies ^^
AlanSantana
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@Anoinvest, Glad the misunderstanding is now clear.
Thanks for your comment.
PolarHusk
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A little strength is showing up I think. 🐻❄️🙏😊😃
goldtrader07
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its a bearish hidden divergence this will drop fast and hard very soon.
AlanSantana
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@goldtrader07, It has more bullish potential now than bearish.