{"id":422023,"date":"2020-04-27T20:00:52","date_gmt":"2020-04-27T20:00:52","guid":{"rendered":"https:\/\/ktsl888.com\/?p=422023"},"modified":"2020-04-27T19:15:23","modified_gmt":"2020-04-27T19:15:23","slug":"powerful-xrp-fractal-points-to-redemption-rally-start-of-new-uptrend","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/powerful-xrp-fractal-points-to-redemption-rally-start-of-new-uptrend\/","title":{"rendered":"Powerful XRP Fractal Points To Redemption Rally, Start of New Uptrend"},"content":{"rendered":"

XRP<\/a> is yet another cryptocurrency that has been relatively stagnant. But just like another altcoin that is very closely related to the number three ranked crypto asset that recently saw a strong surge in price, a repeating fractal on XRPUSD price charts could point to a redemption rally and the start of a new uptrend.<\/p>\n

After Two Years of Underperformance, XRP May Be Ready For a New Uptrend<\/h2>\n

XRP<\/a> has performed poorly compared to most other altcoins over the last two years and suffered strongly against Bitcoin on any BTC trading pairs. Ripple and a closely related altcoin, XLM, have both been named the two worst performing assets<\/a> of across the crypto space during the bear market.<\/p>\n

Even with the downtrend, XRP managed to hold onto is number three ranked spot, but XLM fell completely out of the top ten crypto assets by market cap as a result.<\/p>\n

Related Reading | Crypto Analyst: Surge in Volume Off Lows Suggest XRP Will Finally Pump\u00a0<\/a><\/strong><\/em><\/p>\n

But earlier this month, XLM had a powerful breakout caused the asset to surge over 150% from lows on the USD trading pair, and nearly 50% in value against BTC<\/a>.<\/p>\n

Now that Stellar has had a redemption rally, is it Ripple’s turn next? According to a repeating fractal forming on longer timeframe price charts \u2013 that time could be very soon.<\/p>\n

Ripple Fractal Points To Repeat of Crypto Bubble Altcoin Season Gains<\/h2>\n

On XRPUSD price charts across weekly timeframes, a fractal has appeared. Fractals are repeating patterns<\/a> that are commonly found throughout nature, for example, in snowflakes or in flower petals.<\/p>\n

They also appear on price charts of financial assets like cryptocurrencies, and the one that has appeared on Ripple price charts points to a powerful rally if the support line holds.<\/p>\n

\n

could this be it?$xrp<\/a> pic.twitter.com\/m9znDjeMGZ<\/a><\/p>\n

— Beachain (@beachainbtc) April 27, 2020<\/a><\/p><\/blockquote>\n