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Showing results for tags 'log chart'.
Just for fun I was playing around with pattern overlay on an XRP log chart out to 2024. Of course there are a lot of assumptions here but I thought it was interesting to look at. Let's say there was an exact repeat of the 2017 bull run in crypto, before any of the current XRP network was built out and without these huge FI's coming into the market. I super-imposed the same growth on a log chart and you get something like $10-100 out to 2024. Maybe $1000 out to ~2029 if there was another exact run up on top of that. Personally I can't stand linear pricing on minute charts when looking at investments, I want to see the ROI % over a long period of time. For trading, linear charts are fine, but to see the big picture you need to zoom out to a weekly/month and switch to log. Hell, we don't even have enough data in the bag to pull up a monthly slow MA trend, that's how early it is for XRP.