WeAreSat0shi

XRP, will history repeat?

Long
WeAreSat0shi Updated   
XRP and the Army.

XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin.

When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history.

When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status.

I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas.

I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart.

I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024.

WeAreSat0shi
Thank you
Comment:
If XRP repeats history in anyway like before, Meaning Bitcoin has entered a new bull market, then we shouldn't new highs until next year (approx. Sept of 24) Just by following the old timeline. That doesn't mean XRP can't make a fairly decent move this year but a new high is unlike. Oct a month of interest.
Comment:
XRP has been holding strong and showing a lot of strength but it has yet to break through the resistance yet! It looks like it's a matter time before it does.
Comment:
SMALL PUMP HAS BEGUN!!

tiktok.com/@wearesat0sh1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.