$XRP

Good evening, my dear crypto community!

It's time again to let my collected thoughts run free.

It's about the cryptocurrency $XRP from Ripple Laps again.

Despite the years-long correction of XRP, which began in 2017, there are signals that indicate a price breakout. In general, you can say that there are two types of corrections: price and time, and with XRP both are happening. You have to be honest with yourself: a price increase of 0.05 -> 3-5$ usually comes gradually and not suddenly in 1 hour.

Bullish indicators📈

Binance BTCUSDT chart

XRP is in an uptrend in the 1d according to EMA50/100/200 and the EMA50 has been tested and respected! The golden cross happened days before. A golden cross is also forming in the 3D daily chart.

MACD indicator BTCUSDC 1M (cyclical view)

THE MACD is taking a nice positive turn!

XRP DOMINANCE

The last time the dominance was this low or lower was in 2017. Since the June low of 1.05% we have seen a bounce upwards. The increase in volume while the dominance is changing course is also a signal for higher market dominance and thus higher prices for me.

For me at least these are indicators that keep me bullish for the time being.

What is your opinion on XRP? Will there be an XRP ETH flip at some point and will BTC be flipped afterwards so that XRP becomes number 1?

DYOR!

Good evening 📈

#btc #hodl #XRP #cryptotalk #future

I am not a financial advisor!

This article does not constitute investment advice and the information shared in this post is purely my subjective thoughts. I am not liable for any profits or losses from your trading.