Crypto analyst Bobby A has released a four-panel roadmap that links Bitcoin domination, US small cap, XRP monthly price structure and XRP total market capitalization. The overlapping signal identifies XRP’s well-defined take probit bands, he argues. “Four charts to control them all,” he wrote, adding that the market “evidently places itself for a higher price.”
Four Chart Signals XRP $8.43–$13.58 Peak
On the XRP/USD monthly chart, Bobby plots the months of integration, which is built on “Basecamp 1” and recently built on “Basecamp 2.” The structure was above a series of high bass marked on the chart, and integration occurred after the price expanded the long-term moving average cluster and the top Bollinger band.
The Fibonacci expansion grid fixed in the previous cycle is shown at around $5.26, at 1.618, at 2.618 $8.43, at 3.618, near $11.66, and at 4.236 at around $13.58. Bobby labels spans between $8.43 and $13.58 as “Take Profit Zone” and labels them in the same time frame as the 2.618-4.236 extension that capped the previous Euphoric run.
Under the candles, the monthly momentum suite is getting higher. The RSI sits in a positive regime “preparing to commence one final move towards over-acquired territory,” but the stochastic and MACD lines are rounded from mid-range, in line with continuity of the trend rather than fatigue.
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Its price-based roadmap is cross-checked against total capital in market capitalization over XRP’s weekly time frame. Here, Bobby emphasizes “accepting prices beyond the peak of 2018, surrounded by skepticism and uncertainty,” annotating “over 300 days of integration beyond the 2018 high.”
Fibonacci’s forecast for market capitalization brings the 1.618 extension closer to $210.7 billion, the boxed “Take Profit Zone” parked just below the ultimate expansion band, with the dashed overhead guide at around $13.00, and the USD chart’s 4.236 price extension visually rhymes. The message in this paine is not about daily candles, but about location: it has a longer foundation and re-accumulation phase than the historic ceiling.
Macro risk appetites are handled in the third panel via the iShares Russell 2000 ETF (IWM) on the monthly chart. “The IWM 1M is fired in every cylinder, and the new ass is inbound regardless of short-term noise,” writes Bobby.
The chart shows a strong bullish candle that has regained the 0.786-0.886 retracement area and has returned to its previous range at around $244-252. Upside Fibonacci targets are mapped from 1.272 to $267.1, 1.414 to 278.9, and 1.618 to $296.8. RSI, stochastic oscillators and MACDs in this time frame are all pointed out high, with Bobby calling the breakout candle “very interesting.” The meaning is that the risk-on tones of US small caps have been paired well historically, with liquidity spinning into high-beta crypto segments.
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The final piece is Bitcoin Dominance (BTC.D) on the Weekly Chart. Bobby’s retracement panel measures advancement from a share of ~38.9% to ~66.1%, indicating that BTC.D slips under the 23.6% line (~59.7%) and hoveres near 38.2% (~55.5%).
In particular, the BTC.D slid under the ascending channel. Based on that, he draws downward arrows towards the 50% level (~52.3%), then draws at a 61.8% retracement (~49.1%), enclosing the mid-40s-40s target rectangles at the 78.6% (~45.9%) and 88.6% (~43.2%) levels.
“BTC.D inevitably starts moving from the middle to the low 40% zone,” he writes. The decline in its magnitude advantage is usually consistent with capital that spins from Bitcoin to larger altcoins. This is the structure in which XRP has historically achieved extraordinary relative performance.
At the time of press, the XRP traded for $2.84.
Featured images created with dall.e, charts on tradingview.com