Chart for XRP / USD (4H)
Ripple (XRP) met aggressively shortly after the golden cross seen on the XRP / USD 4H table. The price is currently trading above the 50 EMA on the 4H chart and is not likely to fall below it. The% B indicator of Bollinger on the XRP / USD chart also shows that Ripple (XRP) is preparing for a big rally. We have seen in recent weeks that Ripple (XRP) is also starting to gain the domain against Bitcoin (BTC). Ripple (XRP) is known for its fast but aggressive rallies. What does this mean? It means that Ripple (XRP) makes all of its gain for the cycle in an extremely short period of time. This is why so many Ripple investors (XRP) are strong believers in the hodling idea.
Most XRP believers have purchased Ripple (XRP) since before the correction and continue to hold their coins with losses of over 70% but do not intend to reduce losses. In fact, they believe that the price will be appreciated by the end of the year. In 2017, Ripple (XRP) completed its bullish cycle in just 70 days. This means that if you were too scared to get involved before March 2017, you would have lost the first pump. After the April 2017 landfill, if I was too scared to think that it was going down any further, you would have lost a huge pump until the ATH in May 2017. If you had any ideas to take later, after a correction, say in September 2017, you would have only lost money by the end of 2017.
Chart for XRP / BTC (4H)
The same is true for the 2018 rally. However, the difference is that the January 2018 rally was much more aggressive and took half the time (35 days). The correction in both cases required a time equal to 203 days. All of this explains that investing in Ripple (XRP) is a hodling game. It is not possible to predict when the rally will occur, but if it does and is not there, the rest of the year does not matter. For 203 days, you can stop thinking about cryptocurrencies in general and Ripple (XRP) in particular and start investing in other markets if you do not want to reduce this market. Ripple (XRP) is once again at the point of a breakout and a similar rally can be expected.
Ripple (XRP), just like other cryptocurrencies, could be difficult to evaluate before any decisive move. It may not be possible to identify the exact time and date of a decisive move unless you are a whale. However, for the average investor there are many signs and indicators that the market shows us well before an important development. A gold cross is such an important development. Now, a gold cross is much more significant if it happens in the daily time frame, but that does not mean that a gold cross over a time interval of 1H or 4H may not see the rally of the prices. Except for mitigating circumstances, we have seen the price rally every time a gold cross occurred on the 4H chart. It is very likely that this time it will not be different and we will see the rally extending to the gold cross in the daily schedule scheduled for the beginning of 2019.