This pattern seems to be repeating closely. Watching for a bottom around 8k in a few weeks
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Or dump forever
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cyberholz
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Would be easy if everything's repetitive. It's not.
rhb_3000
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Love the repetitive pattern fractal... shouldn't you be be short if xrp is heading to 8k? The chart title states long.. anyways awesome eye!
RJDTC
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I agree partially, yeah there is nearly the same pattern BUT!! the previous time Ripple didnt have the strong bottom support like it did now.
I drew some lines aswell and from what ive seen Ripple should break out before the 9th of July (pretty much the same as in your chart) but I dont think it will break beneath 9,5k because of strong support.
This would result in pretty much the same pattern anyways without the break below support or not, but even in BTC's crash you saw that RIpple was staying very very strong compared to other coins. I don't see why it should break below if it even was able to withstand Bitcoins panic