XRP peak based on the Expanding Cycle Theory 2022
As many of you know I am now considering that we may have a possible change in the bull cycle pattern. I have always believed in the typical 4-year cycle pattern for the Bitcoin peak based on the 4-year halving but now I am starting to lean on this possible new theory. If you look up Nicholas Merten (youtube channel called Datadash), he explains this theory with actual numbers and key top metrics to give you a possible outcome on an extended bull run well into 2022. I am including an ascending channel that XRP is respecting with an obvious support line at bottom of this channel. You will also see a top part of this channel that if we touch will give XRP a value of approximately $349.00. Please take note I am using a fractal from the 2013 bull run when XRP went from $0.005 all the way past $3 which shows a staggering 52,000% increase in price. If we take this and calculate at the present low in the bottom of this channel and take it to the top with the same percentage of 52k% gain then we will see a possible $349 XRP price for the end of the bull cycle 2022.
Please note that this will be greatly influenced by the completion of this SEC trial that Ripple is currently going through right now. Never invest what you are not willing to lose.
Please note that this will be greatly influenced by the completion of this SEC trial that Ripple is currently going through right now. Never invest what you are not willing to lose.
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