In this video I discuss the current state of the XRP price chart along with comparing to the Bitcoin price chart and the Bitcoin market cap chart. I also dive into the Wall Street Cheat Sheet “Psychology of a Market Cycle” to update our current location. The last time I discussed the state of the market cycle was on December 10th. Since then, the market touched the exact location we had hoped for, and bounced, based on the cheat sheet. We can see this by looking at the altcoin market chart and comparing it to the market cycle cheat sheet.
Hi, I am the Blockchain Backer, bringing you the latest crytocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.
DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions.