XRP's oscsillating behavior
Updated
Brief intro
The 22nd of December 2020 the SEC sues XRP; claiming that Ripple conducted an unregistered securities offering by selling XRP, which they classified as a security, without proper registration or exemption.
This is important for us to note before we go forward, because it is one if the key reasons that we have seen a semi-halt in the returns of XRP relative to BTC and ETH.
The stationary timeseries of the returns of XRP
Se notice that both for ETH as well as BTC that the XRP returns tend to move in a non-cyclical oscillator within a certain range.
I believe that the outcome of the SEC's case against XRP will move the oscillator to a new regime, like we saw after december 2020 where the SEC started it's case against Ripple
Using this theory you could get an overview of when XRP is likely to outperform ETH or BTC in the mid-term. Make sure you are aware of external market factors if you use this method though!
The 22nd of December 2020 the SEC sues XRP; claiming that Ripple conducted an unregistered securities offering by selling XRP, which they classified as a security, without proper registration or exemption.
This is important for us to note before we go forward, because it is one if the key reasons that we have seen a semi-halt in the returns of XRP relative to BTC and ETH.
The stationary timeseries of the returns of XRP
Se notice that both for ETH as well as BTC that the XRP returns tend to move in a non-cyclical oscillator within a certain range.
I believe that the outcome of the SEC's case against XRP will move the oscillator to a new regime, like we saw after december 2020 where the SEC started it's case against Ripple
Using this theory you could get an overview of when XRP is likely to outperform ETH or BTC in the mid-term. Make sure you are aware of external market factors if you use this method though!
Note
Bottom of the range has been hit. Will it hold?Trade active
Seems like we have our first big bounce after a double bottom at the bottom range, should be outperforming BTC in the mid-term for this cycle
Join my community where i share signals and my secret algos:
Telegram:
t.me/ikkeomarfree
I can also pass funded accounts for you!
$50,000 accounts
Just dm my Telegram @IkkeOmar
Telegram:
t.me/ikkeomarfree
I can also pass funded accounts for you!
$50,000 accounts
Just dm my Telegram @IkkeOmar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.