This fractal speaks for itself. The descending triangle is usually rather bearish but retail sentiment is at the bottom. I did my analyses on the s&p, bitcoin and alts and came to the conclusion that this is most likely the bottom. Some alts, including XRP have a few more percent to the downside. So in my opinion a good time to average in but a bad time to trade.
I see bearish technical targets at around $ 0.25 but for me dca is the way to go here as I never fight the uptrend. Not unlikely to see XRP over a dollar by august and possibly new all time highs for BTC, ETH and BNB this year.
I see bearish technical targets at around $ 0.25 but for me dca is the way to go here as I never fight the uptrend. Not unlikely to see XRP over a dollar by august and possibly new all time highs for BTC, ETH and BNB this year.
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