XRPAlış
Wyckoff cause-effect study on Ripple
I'm compairing last xrp cycle using Wyckoff law of cause and effect, which states that the impulse move is proportional to the energy accumulted in the trading range.
We can see that the range price excursion is narrower (-35% difference ) but in this cycle the accumulation is lasting much longer, atm +86% of the previous one. This means that the move we are expecting will be stronger than the previous one, if we want to make an estimate we can compare the +1000% move, multiply it for 0.65 (price excursion diff.) and for 1.86 (range length) = +1200%
That means appx. 7.10$ and a market cap around 144B
We can see that the range price excursion is narrower (-35% difference ) but in this cycle the accumulation is lasting much longer, atm +86% of the previous one. This means that the move we are expecting will be stronger than the previous one, if we want to make an estimate we can compare the +1000% move, multiply it for 0.65 (price excursion diff.) and for 1.86 (range length) = +1200%
That means appx. 7.10$ and a market cap around 144B
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.