We've been looking at this pattern since early June, believe or not. I will be sharing some examples in the 'Related Ideas' at the bottom of this post.
The entire Cryptocurrency market, Bitcoin + Altcoins, is undergoing a 1,2,3,4 Steps Pattern.
The market is now at #4, which is a new bullish wave.
Let's recap real quick:
#1 | The initial bullish breakout early 2023.
#2 & #3 | The correction.
#4 | A new bullish wave.
This is all you need to know. What one does, the rest follows.
XDC Network is clearly undergoing #4. This should continue producing higher highs and higher lows.
The rest of the market, many are at #3 while a few already entering the new bullish wave.
Bitcoin also went through this pattern... Solana as well, even the TOTAL index chart. See the examples below... Remember to boost and comment.
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