Hello everyone,
I base my analysis on market capitalization, I share it with you. Like this post, I will see that it is worth doing it further.
- Prior to the gains in 2018 and 2021, XRP capitalization was $ 10 billion. At the moment, after the recent declines, it has $ 34 billion, which is still too much.
- The cryptocurrency has fallen low and many people believe that it is already a low. In my opinion no !
- We see a lower bottom in the chart, which is a negative signal in the long-term analysis.
- In addition, we got out of the second flag! For experienced traders, this selling is a better solution.
- If the daily candle closes below $ 0.60, it will be another negative signal. (Then we'll take the elevator down)
- My ratio of continued selling to increases is 2 to 1.
Of course, literally anything can happen in the market and I can be wrong.
So I drew the second scenario, which is PRO growth (LONG).
For it to be safe, we should only enter the yearly formation of the flag.
This is my patent to outsmart the "system"
Comment and like,
Greetings !
I base my analysis on market capitalization, I share it with you. Like this post, I will see that it is worth doing it further.
- Prior to the gains in 2018 and 2021, XRP capitalization was $ 10 billion. At the moment, after the recent declines, it has $ 34 billion, which is still too much.
- The cryptocurrency has fallen low and many people believe that it is already a low. In my opinion no !
- We see a lower bottom in the chart, which is a negative signal in the long-term analysis.
- In addition, we got out of the second flag! For experienced traders, this selling is a better solution.
- If the daily candle closes below $ 0.60, it will be another negative signal. (Then we'll take the elevator down)
- My ratio of continued selling to increases is 2 to 1.
Of course, literally anything can happen in the market and I can be wrong.
So I drew the second scenario, which is PRO growth (LONG).
For it to be safe, we should only enter the yearly formation of the flag.
This is my patent to outsmart the "system"
Comment and like,
Greetings !