The spiderline theory was first publically discussed by 'CryptoFace', the founder of the indicator MarketCipher, he only applied it to Bitcoin, so I decided to apply the theory to Ripple (XRP), the results are pretty interesting to me. I could see the XRP price play out something like this for its journey to +$10 in 2022.
Commentaire:
Essentially these lines are a way to predict potential future support and resistance points before the price action comes into existence.