$XRPBTC at the secular support + huge bullish divergence
$XRP finally reached the zone of secular support from march 2017 (before the bull run), and is printing a massive bullish divergence on the daily and weekly. Another leg down is still possible, to max 460 sat, but I'd say unlikely.
Also, the fractal from the previous cycle shows us a similar structure and is preparing for it's bull run.
That's how XRP works... Massive vertical bull run, late on the cycle, too intense, then massive long correction while the other cryptocurrencies pump. Because it is late on the cycle when it pumps, it pumps super hard and vertical to make up the delay, pumps too hard and needs to correct longer than the other cryptos, and so on and so on.
Even the OBV is reproducing a similar pattern than the previous cycle, with a big drop (capitulation) just before a big pump...
Also, the fractal from the previous cycle shows us a similar structure and is preparing for it's bull run.
That's how XRP works... Massive vertical bull run, late on the cycle, too intense, then massive long correction while the other cryptocurrencies pump. Because it is late on the cycle when it pumps, it pumps super hard and vertical to make up the delay, pumps too hard and needs to correct longer than the other cryptos, and so on and so on.
Even the OBV is reproducing a similar pattern than the previous cycle, with a big drop (capitulation) just before a big pump...