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XRP, Yearly Time Frame (Candles)

Hi there all. As explained in my tweet, this is the first time ever in the field considers yearly candles as an analysis. I assume we will be seeing it in the upcoming weeks a lot.

What does a yearly candle mean? As you know in general we use 4 Hours, 1 Day, 1 Week, or 1 Month time frames in our charts and not yearly candles.

A yearly candle is the price candle (bar) formed in 1 year. Let's deep dive into the subject.

It is crystal clear we had an initial rising trend between 2013 and 2018 then a correction between 2018 - 2022 and we are expecting the rising trend again as below in the technical pattern.

Pennant Pattern - Symmetrical Triangle

Our Grand Super-cycle of approximately 5 years structural Elliot Wave indicates the downtrend is coming to an end. 3rd Grand super cycle wave is expected to aim for $256 in 4-5 years.

Wave Trend Indicator

Since it is the grand super cycle, there are no indicators formed yet.


This 1-year indication states the triangle is waiting for action. Ripple XRP just before the settlement can target $13-30 and aim for $256 - XXXX in the 5-year period.



As always, Important Note: None of the targets represented on and is financial advice. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

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