VincePrince

This Signal Has High Potential To Show Up XRPs Next EXPANSION!

Hello Traders Investors And Community, welcome to this analysis about the current situation facing XRPUSD, the overall fractal-structure, the importance of a possible second massive TCP-signal, and what we can expect when the conditions fulfill accordingly within the schedule. As bitcoin is still trading in an overall sideways range where a huge confirmation will come over the course of next weeks there are others formed strong breakouts to the upside and there are coins like XRPUSD which making some volatile moves on the shorter timeframes but are still below important resistance/support levels on the higher timeframes, therefore I detected some important and meaningful signals on the weekly timeframe which can lead XRPUSD, that is really not a small coin with a long last history so far outside of this precarious situation, for this scenario it is crucial that XRPUSD fulfills some confirmational price-actions but when it does it can lead to heavy volatile movements in the next weeks and months to come.

Thunder Cloud Suite:
This is a preliminary technical indicator in this whole XRP-structure which gave the solid upside breakout signal that provided a huge bull-market after the confirmation occurred in March 2017. As you can watch the whole movement before the thunder cloud suite stayed red and only after the confirmation and additional close above the 60-EMA showed up the thunder cloud suite turned green on weekly basis and provided this heavy bull-market-signal. Over the last times and currently, XRPUSD is building up almost a very similar structure to this movement seen in 2017 where XRPUSD just forms a marginal red cloud in the bear-market and also approaching the lower boundary of its huge ascending-channel-formation marked in blue where XRPUSD has strong support and together with the falling trendline formed by the tops in the downtrend forming a coherent triangular formation here where the end-date will definitely confirm at the 28th December this year till when the consolidation movement will come to an end as it is marked in my chart.

Fractal Movements And Further Price-Action:
What XRPUSD has formed back in 2017 and what is highly similar to the movement now with some differences is the fractal movement and the accumulation from smart-money in the bear-market seen before the heavy confirmation showing up. There you can watch that XRPUSD has build-up a consecutive falling trendline with three initial touches and lower high forming before finally shooting through this trendline after the lower boundary of the huge rising channel formation has confirmed, this movement is matching coherently with the thunder cloud suite signal as it confirmed it. Currently, XRPUSD forms the exact same movement with three initial touches of the trendline and confirmation of the lower boundary where it bounced heavily, also the altered amplitude which is much higher in XRPUSD can signal a stronger breakout then in 2017. Furthermore, the technology gained in population as bigger and bigger companies looking to adapt XRPUSD which can lead to an overall boost in demand and further adaptation, there is a reason why XRPUSD still holding a high market-capitalization in the market since this long time.

Over the course of next weeks and months, XRPUSD has some interesting and meaningful price-action ahead and when everything goes well and there do not enter addition bearish signs which will invalidate it the TCS-signal and additional close above the falling trendline can play out properly. Therefore it is highly important that the rest crypto market stays stable and there do not come any fundamental bearish signs into the market which will drag the price down similar to the movements seen in march this year where bitcoin experienced heavy volatility to the downside, which can happen again when the corona increases again, therefore, it is important for XRPUSD to hold the current range and continue with the confirmational movement to form a breakout and in the end a beginning of a new expansion-phase, in this case it is highly important that we do not get over speculative as this is happening to often these days and wait on the proper confirmation before taking further appropriate action and convince in the right direction.

In this manner, thank you for watching, support for more market insight, have a great day, and all the best to you!
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Information provided is only educational and should not be used to take action in the markets.

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