alanmasters

Ripple Has More To Give... New All-Time High?

Long
BINANCE:XRPBTC   XRP / Bitcoin
Once an altcoin starts to move, any "strong" jump brings out flashes of the multiple years-long bear market... "Is this the top...?"

"Will prices start dropping now?"

Zooming out and looking at the bigger picture can surely help us with answering these questions.

Here we are looking at XRPBTC on the weekly timeframe , which we also call the 'long-term' chart.

Notice that prices just moved above EMA50 for the first time since 2019.

Once we see weekly above EMA50, it means that this is only getting started and there is room for more green.

On the chart above, you can see the fib. levels and over 280% of potential growth... This is only based on the Sept. 2018 high, there can be more.

Remember, just as prices can hit new All-Time Low when they drop, they can also hit new All-Time Highs when they move up.

Namaste!
Comment: Previous charts

Nov 3. Ripple (XRP) Falling Wedge + Bullish Divergence (1,148,300%)


Nov 14. Ripple (XRP) Daily | Volume Starts To Increase (Targets & More)

Nov 20. You Already Know About Ripple (XRPBTC) | Final Call!
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Comments

Looks good, but im really bullish XRP, i think it has much more to do with crypto in the world than many understand.
+3 Reply
dXRP_Tradr BlockNewsMedia
@BlockNewsMedia, definitely 👍
+1 Reply
we looking good, thanks again sir :)
+1 Reply
alanmasters RedRockett
@RedRockett, My pleasure. Thank you for the support.
Reply
MartyBoots Talks About ALTSEASON
+1 Reply
alanmasters MartyBoots
@MartyBoots, Yes... The altcoins season is here now.
Reply
Out of interest Alan, why show the chart against BTC and not USD? Thank you.
+1 Reply
alanmasters SydneyNewbie
@SydneyNewbie, I love Bitcoin :)
+1 Reply
SydneyNewbie alanmasters
@alanmasters, cant say fairer than that 🤣
Reply
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