Hey!
1st. The Market Structure was broken down.
2nd. BTC dominance is on it's Highs since early 2018.
3rd. Most of the Altcoins are going sideways right now on their Market Bottoms.
4th. BTC went strongly parabolic and seems to have ceased down its move.
All together leads me to believe that XRP had a bear-trap right here of its Market Structure on the BTC pair.
We have consolidated by going sideways + we do have strong Bullish divergences from 4hour to even Daily Time-Frames.
XRP has a huge potential to have strong pump right here!
Like and follow if you agree! :))
Good Luck!
1st. The Market Structure was broken down.
2nd. BTC dominance is on it's Highs since early 2018.
3rd. Most of the Altcoins are going sideways right now on their Market Bottoms.
4th. BTC went strongly parabolic and seems to have ceased down its move.
All together leads me to believe that XRP had a bear-trap right here of its Market Structure on the BTC pair.
We have consolidated by going sideways + we do have strong Bullish divergences from 4hour to even Daily Time-Frames.
XRP has a huge potential to have strong pump right here!
Like and follow if you agree! :))
Good Luck!