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GarethSolowayOfficial
Jan 26, 2023 4:34 PM

GOLD and XRP: Fun Comparison Idea 

XRP / DollarBitfinex

Description

Here we are looking at GOLDs chart structure prior to its massive 10 year run up in the 2000’s, compared to XRPs chart structure dating back to March 2020.

It’s important to note that the GOLD fractal we’re looking at is on the monthly time frame while we’re looking at XRP on the daily…

Nonetheless, the two charts have daunting similarities in structure, which I find very interesting.

While this chart is strictly just an idea, and is not intended to in any way to say that XRP will continue to follow the path that GOLD followed into the early 2000’s, I found the similarities to be very thought provoking, so I thought I’d share it with you all.

Do you think XRP is following a similar path to that of GOLD in the early 2000’s, or will XRPs chart deviate from here? Let me know in the comments!

Cheers!!
Comments
Munt_D
Hm...I'd say no - similarities? For sure - but given the controversy XRP si exposed to, nope. Either way, time will tell :)
XRP-Jonny
Lets hope DXY crashes.

Your chart matches matches my macro wyckoff.
Brandon388
@XRP-Jonny I don’t want the DXY to crash, I’m always shorting now
ThumbSkin
Simply WILL happen
jaydee_757
Amazing chart! Fan over here!
tblaudzun
Great find, I think you are on to something:-)
MynameisTeo
Hi, it's interesting, but this is "dubios speculation" ... sure anything can happend, but first i'm "focus" if that wick in XRP chart will happend ( that note is for me, so not an financial advice here, DYOR all ) :
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