1. Weekly chart of XRP .
2. Broke out of a strong level in 2016. Now back to test the breakout level to know if buyers or sellers at that level.
3. Selling has almost dried up while coming to the zone and with time the selling has been reduced drastically.
4. Market cycle is volatility contraction / expansion . XRP charts shows energy building up to either side(mostly bullish). And as the candles keep getting smaller , higher chances of a more volatile breakout.
5.This might happen sooner than expected . Mid 2019.
2. Broke out of a strong level in 2016. Now back to test the breakout level to know if buyers or sellers at that level.
3. Selling has almost dried up while coming to the zone and with time the selling has been reduced drastically.
4. Market cycle is volatility contraction / expansion . XRP charts shows energy building up to either side(mostly bullish). And as the candles keep getting smaller , higher chances of a more volatile breakout.
5.This might happen sooner than expected . Mid 2019.