XRP Vs Gold Hits Historic Zone As Sentiment Capitulates: Analyst

Crypto sentiment has slid to what CryptoinsightUk

XRP Vs Gold Hits Historic Zone As Sentiment Capitulates: Analyst

XRP Vs Gold Hits Historic Zone As Sentiment Capitulates: Analyst

Crypto sentiment has slid to what CryptoinsightUk founder Will Taylor describes as “historical lows,” and the damage is starting to show up in higher-timeframe indicators that rarely flash. In a Feb. 14 weekly note, Taylor argued the setup is shifting from “collapse” to late-stage drawdown and pointed to XRP priced in gold as one of the cleanest tells.

XRP vs gold, 1-month chart | Source: @CryptoinsightUK
XRP vs ETH, 1-month chart | Source: @CryptoinsightUK
XRP must overcome the 0.618 Fib, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.