In this video I have located the moment in time where the 2017 bull run started for cryptocurrency, based on the DXY, the United States Dollar Currency Index. We can clearly see that the Ripple XRP chart took off the moment the United States Dollar Index retraced after it’s initial fall. TO THE EXACT DATE. That is when our bull run began. When applying this same strategy, that XRP will rise once the dollar retraces, we must wait for the DXY to retrace to the 97-98 level, complete it’s retrace, and then the bull run begins. With all of the bullish XRP news out there, and with this chart analysis, it is hard to believe the Crypto Fear and Greed Index is in “Extreme Fear”, but it is. Sometimes we need to take a step back and look at a broader picture of our investments. And right now, things look more bullish than ever!
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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.