This is a 4 hour BTC and XRPBTC chart. I have been noticing a very similar pattern between Bitcoin and XRPBTC. Seems like they move together at times. I expect XRPBTC to make a bounce with BTC within the next few hours. BTC is looking to break out the wedge its been in for over a day as well as XRPBTC. This is going to be a small bounce to the 0.618 Fib line before slight retracement down .These two babies will break out together :)
Komentar:
Well BTC did bounce out of the wedge as expected. Now it must keep going up 60 the0.618 for upwards bullish confirmation. XRPBTC seems to also have started to bounce out of the wedge. I believe it will follow BTC really Well.