crypticyly

XRP Consolidation phase

BITFINEX:XRPUSD   XRP / U.S. Dollar
This is my first observation on the XRP Kagi chart. I love how today's pattern is very similar with the 2017 -2018 trend. This it means that XRP's consolidation phase between the $1.3000 USD and $1.8000 USD is still to be build in the next few weeks during May 2021 and bit in Jun 2021. As long it doesn't fall from grace to break the support line at the $1.0100 USD mark, we are good to wait for the a big bull run.

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