Not financial advice.
Invest at your own risk.
For information about the chart, click the here.
Help about the chart
This is a very simple chart that displays Monero's two cycles, one above the other, as fractals one from the other. This shows the past and current returns
as a multiple from the previous cycle top, considering the inflation variation since the current cycle started. Formula is sqrt(inflation/inflationattop)*price.
The X axis is scaled and reffers to the percentage of the cycle that is completed (judging by the price-action pattern). This adjustment was necessary because
both lines look similar, but there is a huge difference in inflation between them (10% to 1%). This is because a lower inflation rate means less sell pressure, and therefore higher prices. If
this logic is true, then, since inflation will fall to 0.8% soon enough, we should expect even higher prices.
This chart is provided to you by Cake Wallet and contributor CryptoMorpheus_.