Haven’t done an alt chart for a while as BTC has been in a long correction, but now it is collapsing its time to look at some alts.

These are just charts. I’m not here to tell you which crypto is going to save the whales or not.

XRP – one of the older coins has certainly been an underperformer and didn’t see an ATH this cycle.

Its go caught up in a long and broad contracting triangle for exactly a year and the projected break down should take it back to the lows.

From there I think this is going to end up printing a zig zag WXY to find a lower low to print an equidistant 1:1 Fibonacci extension which without coincidence will overshoot to hit support @ $0.061.

A 1:1 Fibonacci time extension will arrive to 2023 and with some overshoot could conclude around EOY 2023 which would coincide with BTC halving cycle.

I’ll probably cover some more alts here and there.

Not advice.