XRP will rise once again to match then surpass BTC's value
Widening divergence indicates increasing momentum behind XRP.
Historically, the gap between the two closed as XRP always went up to match BTC's value during a rally. Take a look at the March 2016 and 2017/2018 rallies, within 21 days of the bitcoin rally, XRP went up to match it's value perfectly. If this pattern repeats, this means we can take advantage of an anticipated BTC rally by investing more in BTC/alts, get the returns, sell out of BTC/alts and then reinvest into XRP to take advantage of its following rally.
Right now XRP is undervalued compared to BTC and the widening divergence is only adding more momentum. If the trend with the previous 3 bull runs is consistent, then the upcoming bull run will see a $25 top. A 7 fold increase from the previous $3.60 high.
Thanks for taking the time to read this.
Nothing is random.
Stay profitable.
And keep an eye on the MACD!
Historically, the gap between the two closed as XRP always went up to match BTC's value during a rally. Take a look at the March 2016 and 2017/2018 rallies, within 21 days of the bitcoin rally, XRP went up to match it's value perfectly. If this pattern repeats, this means we can take advantage of an anticipated BTC rally by investing more in BTC/alts, get the returns, sell out of BTC/alts and then reinvest into XRP to take advantage of its following rally.
Right now XRP is undervalued compared to BTC and the widening divergence is only adding more momentum. If the trend with the previous 3 bull runs is consistent, then the upcoming bull run will see a $25 top. A 7 fold increase from the previous $3.60 high.
Thanks for taking the time to read this.
Nothing is random.
Stay profitable.
And keep an eye on the MACD!
Comment:
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Comment:
We might be looking at a repeat of the 30/10/17 - 11/12/17 pattern.
If this pattern plays out in the coming weeks, then right now we have an excellent entry point into XRP and BTC
If this pattern plays out in the coming weeks, then right now we have an excellent entry point into XRP and BTC
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