ameisenbear
Short

XRPUSDT Gartner Hype Cycle?

POLONIEX:XRPUSDT   Ripple / Tether USD
231 views
3
231 2
I am expecting XRPUSDT to follow the black gartner hype cycle line. We have already seen this scenario on BTCUSD between 2013 and 2016 (thanks to EXCAVOs idea).

First we will reach the blue resistance line. After a small bounce up right to the long term trendline .

After that in my opinion there are to scenarios:
Path_1: my expectation for long term.
Path_2: XRPUSDT could follow the long term trendline for a while. but I expect that this line will also break and we would reach a comfortable area near the fib levels.

When we have reached the bottom of the black cycle line the bullish trend is over and we will climb slowly back to the long term trendline and above.

What do you think about this?
I think I miss some fundamentals on it, but that's me personally... I always try to analyze it also as fundamental to make the analysis more complete.
Reply
ameisenbear BrunoDanteSampaio
@BrunoDanteSampaio, thank you for your feedback. I agree with you that it is not really fundamentally, currently. but often it is enough to consider some cases in past to keep that in mind.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out