What you see is the price movement for XRPUSD (orange) and BTCUSD (blue).
If you pay attention to the "Green" lines, they are almost identical (same length, same time, and same angel) and then the n we see the "Red" lines which are again almost identical (same length, same time, and same angel).
Also most importantly, if you now pay attention to the recent price movements of XRP and BTC with the "Yellow" lines, the lines are not identical anymore. They are much more different in terms of angel and length.
XRP seems to be in consolidation phase?
Leave a comment, what are your analysis and thoughts given the above?
If you pay attention to the "Green" lines, they are almost identical (same length, same time, and same angel) and then the n we see the "Red" lines which are again almost identical (same length, same time, and same angel).
Also most importantly, if you now pay attention to the recent price movements of XRP and BTC with the "Yellow" lines, the lines are not identical anymore. They are much more different in terms of angel and length.
XRP seems to be in consolidation phase?
Leave a comment, what are your analysis and thoughts given the above?
Comment:
XRPUSD (blue) and BTCUSD (orange)*