This chart clearly shows how XRP is uncorrelated to the price of the S&P !!
Some experts in crypto say that Bitcoin is an un-correlated asset. However, if bitcoin is, XRP is even more so.
The chart moreover shows how the price of XRP broke out of an 7 YEAR BEAR FLAG !!!
It broke down decisevely in november 2024.
At the present moment it is making a halt, drawing a bear flag (n° 2) as it did after it broke down of a very similar bear flag in March of 2017 (n° 1).
How do you think this will resolve ?
Any more questions ?
This is a very bearish chart - for the SPX !!!
Some experts in crypto say that Bitcoin is an un-correlated asset. However, if bitcoin is, XRP is even more so.
The chart moreover shows how the price of XRP broke out of an 7 YEAR BEAR FLAG !!!
It broke down decisevely in november 2024.
At the present moment it is making a halt, drawing a bear flag (n° 2) as it did after it broke down of a very similar bear flag in March of 2017 (n° 1).
How do you think this will resolve ?
Any more questions ?
This is a very bearish chart - for the SPX !!!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.