CapitulationCalls

Fractal for Ripple (XRP) Refer to this as a ~"one year" cycle

CapitulationCalls Updated   
XRP TA and target Idea, will be continually updating, In related ideas below:



Comparatively to Ripples "ATH's" of May 2017 And "End of cycle" December 2017

Correlate very closely to "ATH's" of January 2018 and "End of cycle" July 2019

If you follow Ripple "Daily, Hourly, 15Minute" on a regular basis you will find continuous repeating patterns almost every day

Cycles work in tandem with each other Idea based from from Highs and relative lows of 2017 "Full cycle" ~(1 year), see how we are seeing the same growth/ consolidation periods, for the past two years or so?

Cycles as follows:
Start,
We started At "The end of a Bearish cycle In may 2017" (start of graph)
Then "End our Bullish cycle end of December 2017" (End of graph)

Which brings us to ATH's of 2018 (the start to our bearish cycle)
And the relative End to our bullish cycle July 2019


(This cycle lasted twice as long as the last one "Having two cycles (bearish and bullish respectively" to form one complete Bearish cycle)
While also,"Charging up in volume and slow increases in value".
This Asset is massively oversold at this point and is following a fractal, whats left to say?
My charts are unconventional, but very effective.

XRP could drop below ~28 cents to mimic my Fractal exactly.

Worthy to mention this is just the build up to a Possible 4 year Bull market for XRP if the pattern repeats itself.
Comment:
Good to note We are currently in a "one year" bear market



Fractal started in a bear ended in a bull (One year cycle)
With a Larger increase at end

Fractal stretched out over a two year span Respectively (two year cycle)
Showing this same Correlation (started in a bear "ending" in a bull)

May see an inverted "4 Year" chart play out. (Bull into a bear)

If so correlating "~8 year" Bear to follow after
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.