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Technical analysis by WheretheStreets_HaveNoName about Symbol XRP: Buy recommendation (7/19/2024)

https://sahmeto.com/message/2508826
WheretheStreets_HaveNoName
WheretheStreets_HaveNoName
Rank: 25646
1.3
Buy،Technical،WheretheStreets_HaveNoName

Do these look like correlations? 1. XRPUSD vs XAUUSD, 1W (top chart). - gold and XRP flat prior 2019 notwithstanding XRP's 2017 bull run spike. - gold increases 2019, moves flat 2020-2020 while XRP rises during last bull run. - separation occurs late 2022 with gold increasing since. Will XRP catch up? 2. XRPUSD vs T10Y2Y US treasury yield curve, 1W (bottom chart). - long term decline in curve to about Aug 2020 then increases to match XRP's price at top of last bull run. - curve then declines and inverts matching XRP's drop and flat movement since last bull run. - curve un-inverting and XRP recently increasing? If rates are cut, are we going to see the curve un-invert, gold pump, and XRP spike above its ATH?cointelegraph.com/news/bitcoin-price-3-months-copy-gold-bull-run-analyst

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$0.55525
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