Today, in our new series of ridiculous charts, we look at XRP.
It has come to our attention that there is an article, written by:
"a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing"
that addresses the possibility of XRP rising to $ 692 in 2020 (or after).
Using a Gann fan (at angle 45° !), we can see (after defining top and bottom of trend !) XRP respecting the 4/1 ratio.
Furthermore we can note that previous "bull-runs" knew an incline of 73° and 77°.
In order to get to $ 692 an incline of only 58° is needed .. so ..plausible. ($ 69.200 seems logical based on previous data)
It has come to our attention that there is an article, written by:
"a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing"
that addresses the possibility of XRP rising to $ 692 in 2020 (or after).
Using a Gann fan (at angle 45° !), we can see (after defining top and bottom of trend !) XRP respecting the 4/1 ratio.
Furthermore we can note that previous "bull-runs" knew an incline of 73° and 77°.
In order to get to $ 692 an incline of only 58° is needed .. so ..plausible. ($ 69.200 seems logical based on previous data)
Note
Observe the great wall of ..ehm .. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.