thomas58700

Intricate Pattern Found in XRP

BINANCE:XRPBTC   Ripple / Bitcoin
After seeing a repeating pattern in XRP I aligned Phi/Fibonacci structures and placed flags at matching structures that have repeated in all three zones. The flags are matching points that also all conform to the same sequences three times. Whether or not it can achieve another of these sequences is to be seen. Most Fibonacci structures fall apart when halfway through the 1.618 (phi) range (violet) range when they return to balance; this is the range it is heading into now. I have placed flags where the next structure would appear if the sequence were to continue without falling apart. The price is currently residing on the 0.618 line as seen numbered on the left of the chart.

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Comment: Fyi as BTC corrects, XRP will most likely go down
Any update, opinion about current situation and perspectives? Tks
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@gusccbb, I don't think XRP is a good coin to buy right now seems to be repeating the same crash pattern as before
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gusccbb thomas58700
@thomas58700, Tks :)
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fail.
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thomas58700 fkashem1986
@fkashem1986, *in reversal
+1 Reply
Well spotted mate
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There are many times in XRPs history that show repeating patterns. Last year when xrp was on a bull run and went as high as 26000 satoshi everyone referred to it as the stairway to heaven
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update please
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@Adelss, Still watching it,thinking it could replicate the pattern again, but it doesn't seem driven to immediately after the last cycle. Waiting for the pattern to form.
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Are there other times in XRP's history where this kind of repetitive sequence has come up?
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