Hello Cryptocurrency Community,
Welcome to this analysis about XRP and the weekly timeframe perspectives. In my research I recently found important underlying developments within the cryptocurrency space with coins that have some crucial potentials, this is also the essence in our VIP Elite Channels, we only opt for the best setups with the highest potential within the Crypto- and Altcoin Market. In this purpose now I discovered a massive exponential-fractal-formation developing within XRPUSD that already formed once in history and is now forming a second time in a similar structure with some pivotal price-determinations ahead of upcoming times, therefore I discovered all the important levels, upcoming determinations, and structural formations we need to consider here.
As when looking at my chart we can watch there how XRPUSD already once completed this gigantic expontential-triangle-breakout-fractal-formation already once, mainly this whole fractal can be divided into three parts, the first part is the set-up in which XRP moved on with an initial bounce from the lower grounds to the upside forming this first impulse wave which should mark the beginning of the triangle formation. After that XRPUSD gone forward to form the massive triangle formation with the coherent wave-count within the formation and once the wave-count was completed this marked the origin for the whole formation to finally complete with a breakout above the upper boundary to continue with the exponential-expansion-phase marked in green.
Taking these factors into the consideration now we can watch there as shown in my chart that XRP is building such a very similar exponential-triangle-breakout-fractal-formation a second time now and once this triangle has been completed this will mark the beginning of the next huge exponential-expansion-phase similarly as we have seen it already once. In this case we can also project the 40.618 Fibonacci-extension to the upside because this was also the target-level in the first fractal. For now it will be extremely necessary that XRPUSD rightly completes this whole triangle-formation to set up the exponential-expansion-phase, therefore we can expect some great potentials to show up within this whole structure.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Great fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Welcome to this analysis about XRP and the weekly timeframe perspectives. In my research I recently found important underlying developments within the cryptocurrency space with coins that have some crucial potentials, this is also the essence in our VIP Elite Channels, we only opt for the best setups with the highest potential within the Crypto- and Altcoin Market. In this purpose now I discovered a massive exponential-fractal-formation developing within XRPUSD that already formed once in history and is now forming a second time in a similar structure with some pivotal price-determinations ahead of upcoming times, therefore I discovered all the important levels, upcoming determinations, and structural formations we need to consider here.
As when looking at my chart we can watch there how XRPUSD already once completed this gigantic expontential-triangle-breakout-fractal-formation already once, mainly this whole fractal can be divided into three parts, the first part is the set-up in which XRP moved on with an initial bounce from the lower grounds to the upside forming this first impulse wave which should mark the beginning of the triangle formation. After that XRPUSD gone forward to form the massive triangle formation with the coherent wave-count within the formation and once the wave-count was completed this marked the origin for the whole formation to finally complete with a breakout above the upper boundary to continue with the exponential-expansion-phase marked in green.
Taking these factors into the consideration now we can watch there as shown in my chart that XRP is building such a very similar exponential-triangle-breakout-fractal-formation a second time now and once this triangle has been completed this will mark the beginning of the next huge exponential-expansion-phase similarly as we have seen it already once. In this case we can also project the 40.618 Fibonacci-extension to the upside because this was also the target-level in the first fractal. For now it will be extremely necessary that XRPUSD rightly completes this whole triangle-formation to set up the exponential-expansion-phase, therefore we can expect some great potentials to show up within this whole structure.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"Great fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
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►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.