This is an updated chart, visualizing the XRP Marketcap in a bigger picture.
It's a great way too remind yourself that we are in a bullish market, even though this year
hasn't been too exciting (so far).
From a technical perspective, the XRP marketcap is moving in a big symmetrical triangle/bull flag after the surge in price in 2017.
There seems to be more regulatory clarity, which leads to more institutional investors/users joining Ripple.
A breakout and a continuation of the aggressive upwards trend aligns with a possible bullish Q4 2023/ Q1 2024 and the upcoming Bitcoin Halving.
Please Boost this idea if you like it. This will help the algorithm and motivates me to push more educational videos for you :)
Cheers,
Ares
It's a great way too remind yourself that we are in a bullish market, even though this year
hasn't been too exciting (so far).
From a technical perspective, the XRP marketcap is moving in a big symmetrical triangle/bull flag after the surge in price in 2017.
There seems to be more regulatory clarity, which leads to more institutional investors/users joining Ripple.
A breakout and a continuation of the aggressive upwards trend aligns with a possible bullish Q4 2023/ Q1 2024 and the upcoming Bitcoin Halving.
Please Boost this idea if you like it. This will help the algorithm and motivates me to push more educational videos for you :)
Cheers,
Ares
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.