VincePrince

XRPUSD - SMART-MONEY BUYS AND HOLDS - HERE IS WHY!

Long
VincePrince Updated   
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Hello. Today i want to share with you an important and interesting observation which i made with XRPUSD. We are looking on the weekly-time frime. As the
cryptocurrency market consolidates and BTCUSD provides some possible bullish break-out signals, Ripple is an important coin to look at.
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As you can see on my chart, there is an pattern which exactly repeats.There is a reason why XRP is the third biggest cryptocurrency after bitcoin and ether-
eum. It has an longer history in the cryptocurrency market backing from a time where the mass of crpytocurrencys existing today wasnt there. As XRPUSD
provided two growth phases in which it gained 5544 % in the first and astonishing 94870 % in the second, the same pattern is repeating right now.
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After the first growth phase XRPUSD had an corrective phase where smart investors took profit and XRP dropped down, you can see the take-profit phase
marked with the red box in my chart. Then it took a long accumulation phase where smart money accumulated before public money to launch the
rocket to moon. This provided the second growth phase which you can see in my chart. The pattern provided the last months is nearly the same,
the take-profit phase with an ABC-correction an the accumulation.
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XRPUSD is an good coin with lots of support from banks and goverments which implementing and integrating the coin, also it held the market-cap and price
stady above the 0.24 support, it bounced several times in this price level as smart-money is accumulating, exactly the same pattern repeating seen before.

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Thanks for watching! May all luck and happiness come to you! For more market insight feel free to support!
The information provided is for educational purposes only and should not be used to take action in markets.
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Comment:
The information provided is for educational purposes only and should not be used to take action in markets.
Comment:
ANALYSIS UPDATE: XRPUSD extended the historical channel and accumulated massive transformative smart money open interest.

This bullish fundament will last over the upcoming periods for XRPUSD to reach the upper level of the extended bull market channel.

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