{"id":415059,"date":"2020-02-18T17:00:37","date_gmt":"2020-02-18T17:00:37","guid":{"rendered":"https:\/\/wncen.com\/?p=415059"},"modified":"2020-02-18T16:39:07","modified_gmt":"2020-02-18T16:39:07","slug":"xrp-astronomical-alt-season-gains","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/xrp-astronomical-alt-season-gains\/","title":{"rendered":"Multi-Month Bull Signal on XRP Hints At Astronomical Alt Season Gains"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The native cryptocurrency asset to the Ripple protocol, <a href=\"\/tag\/xrp\" rel=\"nofollow\">XRP<\/a>, may be poised for major upside against Bitcoin if a multi-month bull signal triggers an explosive move.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The surge in XRP could be the spark that ignites another major alt season that has been brewing over the course of the bear market, leading to astronomical gains not seen since the crypto bubble popped.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">XRP Shows Clear Reversal Against Dollar, Supported By High Volume Breakout<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/wncen.com\/2020\/02\/14\/xrp-bear-trend-over-epic-rally-likely\/\">XRP has now broken out from an over 680-day downtrend<\/a> and bear market, causing the asset to surge by as much as 90% since the start of the year before a pullback erased a small portion of the 2020 rally.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">But the rally is only just getting started. After two years of a bear market to break free from, buy pressure and bullish momentum has been built up and is just waiting to escape to go on an insane run not seen since before the crypto bubble.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/01\/29\/ready-for-liftoff-two-year-downtrend-breakout-could-lead-to-14-xrp\/\">Ready For Liftoff: Two-Year Downtrend Breakout Could Lead to $14 XRP\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">The breakout is a clear as day reversal according to a top crypto analyst, and points to surging volume and a backtest of resistance confirming as support as factors that will push <a href=\"\/tag\/xrp\" rel=\"nofollow\">XRP<\/a> much higher in the coming weeks.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">With a retest of the trend line breakout now behind us, the analyst is confident that anyone who entered below 32 cents will be happy with their entry for the long-term.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Clear reversal for <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$XRP<\/a>, complete with strong volume and breakout + backtest. <br \/>Both HOLDLers &amp; traders alike will likely be happy with an entry in this current range of .26-.32c. <a href=\"https:\/\/t.co\/iG2XnULLhk\" rel=\"nofollow\">pic.twitter.com\/iG2XnULLhk<\/a><\/p>\n<p>&mdash; Crypto Thies (@kingthies) <a href=\"https:\/\/twitter.com\/kingthies\/status\/25681409?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 17, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Ripple Shows Signs of Major Rally Against Bitcoin, Sparking An Alt Season<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/xrp\" rel=\"nofollow\">XRP<\/a> is also looking extremely bullish on BTC trading pairs, and a bullish divergence only monthly timeframes that extend across most of 2019 into 2020 could be signaling a massively powerful move in the days ahead.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The analyst says that \u201csomething is brewing in the alt markets\u201d and that very well may end up being an <a href=\"https:\/\/medium.com\/the-challenge\/when-alt-season-c8668e50b16b\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">alt season<\/a> that will shock the world with the <a href=\"https:\/\/wncen.com\/2020\/01\/23\/altcoin-market-following-early-bitcoin-path-could-lead-to-life-changing-wealth\/\">enormous wealth that\u2019s generated in a short amount of time<\/a>.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I\u2019m sure there\u2019s plenty others in the alt market in similar spots right now, but this slight Bull Div on the <a href=\"https:\/\/twitter.com\/hashtag\/XRPBTC?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#XRPBTC<\/a> monthly is impressive to say the least. <\/p>\n<p>Something is brewing in the alt markets. <a href=\"https:\/\/t.co\/cpN9icKy5w\" rel=\"nofollow\">pic.twitter.com\/cpN9icKy5w<\/a><\/p>\n<p>&mdash; Crypto Thies (@kingthies) <a href=\"https:\/\/twitter.com\/kingthies\/status\/54331906?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 18, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">If the bull div confirms, it could cause the number three cryptocurrency by market cap to explode against Bitcoin on the XRP\/BTC pair.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In the past, when such a breakout occurred, <a href=\"https:\/\/wncen.com\/2020\/02\/05\/xrp-rally-ripple-crypto-bitcoin\/\">XRP rose nearly 2,000% against Bitcoin<\/a>. The last time this happened, it followed an ABC correction according to Elliott Wave Theory. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The latest downtrend appears to have also just completed an ABC correction, and a repeat of the 2017 crypto bubble could follow next with an explosive, nearly 2,000% movement in the days ahead.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-415089\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/xrp-btc.png?resize=860%2C463\" alt=\"xrp btc price chart\" width=\"860\" height=\"463\"><\/p>\n<p class=\"p1\"><span class=\"s1\">Should this happen, XRP would likely reach a new all-time high, or at least come close to retesting its previous all-time high set at over $3 per XRP token. Upside targets beyond the previous all-time high <a href=\"https:\/\/wncen.com\/2020\/01\/29\/ready-for-liftoff-two-year-downtrend-breakout-could-lead-to-14-xrp\/\">reach as high as $14 per token<\/a>.<\/span><\/p>\n<pre>Featured image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>The native cryptocurrency asset to the Ripple protocol, XRP, may be poised for major upside against Bitcoin if a multi-month bull signal triggers an explosive move. The surge in XRP could be the spark that ignites another major alt season that has been brewing over the course of the bear market, leading to astronomical gains not seen since the crypto bubble popped. XRP Shows Clear Reversal Against Dollar, Supported By High Volume Breakout XRP has now broken out from an over 680-day downtrend and bear market, causing the asset to surge by as much as 90% since the start of the year before a pullback erased a small portion of the 2020 rally. But the rally is only just getting started. After two years of a bear market to break free from, buy pressure and bullish momentum has been built up and is just waiting to escape to go on an insane run not seen since before the crypto bubble. Related Reading | Ready For Liftoff: Two-Year Downtrend Breakout Could Lead to $14 XRP\u00a0 The breakout is a clear as day reversal according to a top crypto analyst, and points to surging volume and a backtest of resistance confirming as support as factors that will push XRP much higher in the coming weeks. With a retest of the trend line breakout now behind us, the analyst is confident that anyone who entered below 32 cents will be happy with their entry for the long-term. Clear reversal for $XRP, complete with strong volume and breakout + backtest. Both HOLDLers &amp; traders alike will likely be happy with an entry in this current range of .26-.32c. pic.twitter.com\/iG2XnULLhk &mdash; Crypto Thies (@kingthies) February 17, 2020 Ripple Shows Signs of Major Rally Against Bitcoin, Sparking An Alt Season XRP is also looking extremely bullish on BTC trading pairs, and a bullish divergence only monthly timeframes that extend across most of 2019 into 2020 could be signaling a massively powerful move in the days ahead. The analyst says that \u201csomething is brewing in the alt markets\u201d and that very well may end up being an alt season that will shock the world with the enormous wealth that\u2019s generated in a short amount of time. I\u2019m sure there\u2019s plenty others in the alt market in similar spots right now, but this slight Bull Div on the #XRPBTC monthly is impressive to say the least. Something is brewing in the alt markets. pic.twitter.com\/cpN9icKy5w &mdash; Crypto Thies (@kingthies) February 18, 2020 If the bull div confirms, it could cause the number three cryptocurrency by market cap to explode against Bitcoin on the XRP\/BTC pair. In the past, when such a breakout occurred, XRP rose nearly 2,000% against Bitcoin. The last time this happened, it followed an ABC correction according to Elliott Wave Theory. The latest downtrend appears to have also just completed an ABC correction, and a repeat of the 2017 crypto bubble could follow next with an explosive, nearly 2,000% movement in the days ahead. Should this happen, XRP would likely reach a new all-time high, or at least come close to retesting its previous all-time high set at over $3 per XRP token. Upside targets beyond the previous all-time high reach as high as $14 per token. Featured image from Shutterstock<\/p>\n","protected":false},"author":517,"featured_media":415083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,16894],"tags":[30232,428,6664,4531,4532,10971],"class_list":["post-415059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-ripple","tag-alt-season","tag-bitcoin","tag-crypto","tag-xrp","tag-xrp-btc","tag-xrp-usd"],"acf":[],"yoast_head":"\n<title>Multi-Month Bull Signal on XRP Hints At Astronomical Alt Season Gains<\/title>\n<meta name=\"description\" content=\"The native cryptocurrency asset to the Ripple protocol, XRP, may be poised for major upside against Bitcoin if a multi-month bull signal triggers an\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/xrp-astronomical-alt-season-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multi-Month Bull Signal on XRP Hints At Astronomical Alt Season Gains\" \/>\n<meta property=\"og:description\" content=\"The native cryptocurrency asset to the Ripple protocol, XRP, may be poised for major upside against Bitcoin if a multi-month bull signal triggers an\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/xrp-astronomical-alt-season-gains\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-18T17:00:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-18T16:39:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/xrp-ripple-crypto-bitcoin-shutterstock_585502937.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; 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