So, Justin431 asked for an update on the bottoming pattern, and this is the update to that previous chart.
The BIG question here is, will XRP's price now move off the bottom in the same manner as BTC did? My answer would be, I don't know! But, as for price, I believe we can still draw out some similarities in order to NOT fully rule it out as a possibility! Remember, as you begin to draw out comparisons from other crypto coins or previous fractals from the same coin, they will (most likely) never copy as the exact same, but they will be similar enough that you can identify the shape or pattern. For instance, notice how I put on this chart higher/lower vs. lower/higher, I posted this because I am seeing similar things happening time and again. In my opinion, we are still within the realm of a similar pattern to BTC 2015 bottom, as we move "up & out"!
Good Luck and thanks for following along with me!
The BIG question here is, will XRP's price now move off the bottom in the same manner as BTC did? My answer would be, I don't know! But, as for price, I believe we can still draw out some similarities in order to NOT fully rule it out as a possibility! Remember, as you begin to draw out comparisons from other crypto coins or previous fractals from the same coin, they will (most likely) never copy as the exact same, but they will be similar enough that you can identify the shape or pattern. For instance, notice how I put on this chart higher/lower vs. lower/higher, I posted this because I am seeing similar things happening time and again. In my opinion, we are still within the realm of a similar pattern to BTC 2015 bottom, as we move "up & out"!
Good Luck and thanks for following along with me!