Long

$589 XRP Bull Pennant

Updated

If this measured move plays out:

IMO, in 24/25:
- Mid cycle $30 resistance @ 1.618FIB / $10 Correction in 2024
- press up to $589 in 2025.

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$1.42 Inbound for the measured move to hit the 0.702FIB wicking into the 0.786FIB.
Retest $0.53

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August might show a small rally before DXY hits the Creek Phase of WyckOff Method.
Fall 2023 will not be good for risk assets. Potential $0.53 backtest on the 200MA.

Will some good news come out this month? FOMO retail, and then CRASH the markets into fall leaving a cold XMAS for bag holders?

The Ponzi scheme is about to start!

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#DJI Retesting 0.702FIB after making HH's.
Broke the trend line and looks really bad, but IMO, #DJI
Check out my 'DJI - 'The 4th Turning' Wave 4' chart below the pic.

IMO, the ALL MARKETS ready to launch.
Retail is in bonds/cds
smart money is buying the dip.
FEAR is rampant.

BUY the dip.

XRP potentially has one more test to the $0.40's for the liquidation.
HOLD FAST HOLD Steady.

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Thnacks,
$589 is a super cycle wick that might hit the top of the pitchfork trend line as it did in 17/18.

$275 XRP, is much more realistic price to exit. Im only going to have about 5% left in my bags to see if it goes to $589.

If you try to exit at $589, i can guanraantee you ROBINHOOD and other trading platforms will close their trading floors due to high volume, leaving retail holding the bags.

$27/$30 is going to be a great profit taking because it will corect to $10 for about a year, and shoot up to $275/$589 followed by a 98% correction in 26/27.

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If i move the Upper Macro Trend Line, the POLE meets the BREAKOUT point to the price tag of $589.

Also this meets the 2021 wick.

🤞🤞🤞ATH in 2025'ish 🤞🤞🤞

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OR,
Have we already broke out of the trend and repeating 2017?

🚀🚀 $275 inbound! 🚀🚀

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WHEN YOU SELL, WE MOON!

🚀🚀 GOOD LUCK #XRP HODLERS 🚀🚀

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the 2014 C.FIB predicted the top/bottom of XRP.
Will we get a repeat in 2018 extending out to the 3.618C.FIB for 2024/2025 to $275/$589?

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Looking GOOD!

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BEARISH FUD.
The market seems bearish, but IMO, DXY looks like it about to tank.
EVERYONE is expecting a bearish Fall (bear trap) FWB:14K BTC, $0.41 XRP....

Tuesday morning will show if DXY deviates from the pattern.

BEARISH XRP - Rinse and Repeat
- Some people think this will happen.
IMO, im bullish!

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Shortened Fractal.

GL Holders!

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...or are we ready to BLAST OFF?

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$17 - Ill be unloading about 50% of my bags, and buying back in around $10/$11.
$27/$30 wick - ill be unloading another 50% and buying back in around $10/$11.
WIre frames are much more accurate (safer) measurements.

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The FIB on the wick prices.

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Thinking a $4 shot, then to $17/$27. Itll be VERY quick!

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IMO, XRP needs a $0.42 confirmation and a wick to the 0.702FIB.
My previous chart (🚀$0.52🚀 ALL IN 🚀) called for a $0.52 xrp and a wick to $0.41, but touched $0.43 and I may have closed out the chart prematurely. IT HAS NOT HIT $0.42, and XRP will need a confirmation on the 0.702FIB before blasting off to $6 arena and not coming back.
Im expecting massive FUD in the next 2 weeks. HODL STRONG

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XRP is in a mid cycle Wave 3 correction and on its way to make a macro wave 3 to meet $589 by Jan'25 and complete a violent 95% wave 4 crash by Apr'28. *Potential wick to $9.50 (98% Retrace).

When Ripple/SEC settles, regulated/adopted by congress, it will be a straight shot to $27 and a quick $10 retrace, and a final FOMO push to $589 followed by a VIOLENT 85% crash and a long ass sideways market sinking into the 95% retrace in 2028/2029.

2026 FOMO buyers will be holding for 6 years....
EXTREMELY BULLISH for these macro price targets!!

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SHORT!

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YOUR PREDICTIONS ARE WELCOMED!

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STATUS:
Waiting on $0.42 at stated on SEPT 12.
"IMO, XRP needs a $0.42 confirmation and a wick to the 0.702FIB."

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IDK if the $0.41 is coming. I bought more XRP @ $0.48. If $0.41 does come in, im sure it will be a quick 1 day wick liquidation event, and an explosive move out.

Im also in ALGO. ALGORAND will have a great bull run.

DXY looks to be crashing, and something to look forward to in the risk asset markets.

GOOD "LUCK" ALL! I think some good news is about to appear for the risk assets class.

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Get ready to take profit.
This could be the scenario playing out before the halvening.

Again, i also have a narrative that XRP could just shoot to $6, but not feeling it.

A good strategy is to take a small profit, it has to retrace somewhere.

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XRP could just tap the $0.41 and not tap the 0.702FIB and blast through it.

Dark winter?

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WHAT IF.... BTC Retraces to 30k before the halvening, and XRP SWALLOWS the market cap BEFORE THE BTC Halvening?

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DXY making a decision....

DXY about to spice things up!

Lets hope it stays in the channel and pushes XRP to $1's

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BLOCKCHAIN BACKER of YouTube ( youtu.be/fDCDDdH0vV4?si=npv9WTj5fFU8Hoew&t=1947 ) put out a Video (32:26) that might confirm the massive bull trap, and a potential ABC to 30k for BTC.

IF. BTC pushes up to 50k (2023 Winter) and retraces 50%'ish... 30k (2024 Spring) retest and then FULL BLOWN bull market.

SIMUTANEOUSLY, XRP could punch the $1.22 and follow BTC in spring to 150k BTC, and $27 XRP.

REALISTICALLY, BTC needs to test, then BACKTEST for a full blown bull market.

Take profits, and killer entry points are coming soon with the ABC correction.

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SO CLOSE!!
Backtesting.... one more backtest in the high $0.40's then the BIG SHOW.

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LAUNCH TIME.

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GOOD NEWS: DOLLAR IS CRASHING!!! Broke the 0.702FIB line and the RISK assets are about to launch!

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Waiting to bust out of this trend line!

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$3.40 Breakout, backtest the 200MA, and shoot to $27 (Log Scale FIB).

Blackswans:
Trump Assassination attemp
Microsoft Outage / cyber attack

Consipracy theory:
WW3 will be initiated when an "EMP Attack" happens to destroy the old system and usher in the solution, ai/crypto/social credit score.
FOLLOW:
x.com/_SpaceWeather_ for live X Class Solar Flares ("EMP Attack") directed at earth that will cause a carrington event on the world triggering WW3.

Trade active

TESTING 702FIB, and sideways for 1 week.
IMO, NO FRICTION to $27. maybe a small fender bender @ $3.40, then BAM!!!!!!!!!!!!!!

$589, Who believes??

pbs.twimg.com/media/GcXck0OWIAEkJst?format=jpg&name=medium

Trade closed: target reached

Also would like to add:
DXY has decoupled from the DOLLAR!!

XRP (altcoins) is doing its own thing!!!

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IMO,
BUTTCOIN will drag the ALTS and BLAST THROUGH the TOTAL3 0.702FIB, being that TOTAL/BTC has already broken through the ATH, and making higher highs.

NO BACKTEST.
NO FRICTION.
PURE 🚀🚀🚀 this 24/25 winter.
Lets see what happens.

XRP-Jonny

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