Im not quite sure what this means?

BITSTAMP:XRPUSD30

XRP / U.S. dollarBitstamp

Description

⋅ Jan 8, 2018 8:39 PM

Im seeing a distinctive Mirroring pattern. does anyone have any experience in predicting things out of these patterns?

Comment

⋅ Jan 8, 2018 8:42 PM

is this just the point in the market where news came out of coinmarketcaps "screwup" (even though i saw the news waaay back?!)

Fractal Pivot Points

Comments

cryptocamp

⋅ Jan 8, 2018 8:43 PM

Well the drop was due to panic selling after CoinMarketCap decided to not calculate korean exchanges XRP prices and Volumes into the global average. And rise probably shows you that XRP has plenty of bull support :) Just my 2 cents

GREENWAVES

⋅ Jan 8, 2018 9:37 PM

This was just fixing profit manipulations. Compare to another COINS (XVG, ETH, NEO....etc). The same situation at the same time.

marketanarchist

⋅ Jan 8, 2018 8:42 PM

It is a result of a weird aberration due to faulty market information.

GREENWAVES

⋅ Jan 8, 2018 9:51 PM

@marketanarchist, disagree. Compare to another COINS (XVG, ETH, NEO....etc). The same situation at the same time.

marketanarchist

⋅ Jan 8, 2018 9:53 PM

@GREENWAVES, It disproportionately affected XRP because XRP's price was more heavily influenced/weighted by Korean exchanges.