XRP to dump to about $0.5 then skyrocket to $7 for high-quality TP experience!!
I've understood the graph a lot more from when I wrote this and shot the video for it, although the same logic applies! There are two more parts I'm uploading as videos for it, and they're incredibly thorough, plus so satisfying in how much sense they make of the graph!!
The simple explanation, which coincides with what Alex Becker believes, is that everything has just went up with BTC's spike. One of the good examples of this is ADA – it went way up with BTC's most recent spike, although has been in a downtrend for the past week or two.
If you notice when comparing the BTC/XRP graphs, XRP spikes high directly after BTC does! It's Elliott wave spikes happen directly after BTC. It's like graph translation in school where you move the graph in certain directions by manipulating the equation of the graph – in order to predict what Elliott wave XRP is in and what it's going to do, learn what BTC is doing and shift the theoretical Elliott wave to the right. If you don't understand that, ask yourself “what Elliott wave is BTC in?” and subtract “1” from the number you think it's at!
I believe that BTC's currently in a mini Elliott impulse wave that's going to eventually land it at 120k, and that it has more fuel in it so that it's going to about 75k before it goes through the second part of it's mini Elliott wave!
Since BTC is probably not done yet, XRP is not done with its current stagnant phase and will not go up until the cash flows out of BTC and the other assets to XRP.
It's worth mentioning that XRP is the first cryptoasset that I got obsessed with when I first started crypto investing and I watched the graph like a hawk, consequently learning its patterns, and even though I won in 3xing my money when XRP crossed 1 the first time, I panic sold and lost most of my money ironically when I predicted the BTC crash and didn't use my knowledge because of abundance blocks.
XRP skyrockets less than other cryptoassets after all the cryptoassets explode, which is why I hold the opinion that most XRP hodlers are simply scarcely minded when it comes to investing and that they always hold too much of their funds in XRP due to their subconscious minds not wanting financial gains – their subconscious minds want them to fail so they basically hold most of their eggs in one basket.
I got 3x gain in XRP back then, when everything else was making frequent 5x gains, and the XRP said to just keep waiting, I was a sucker and don't want you to be! XRP gains are like the last place trophy of crypto if you didn't take gains from all the other cryptoassets that were exploding!
From when I publish this, BTC's going to go up further and XRP is going to go down for reasons I'll explain here – there's a TA reason and a manipulative psychological reason that's going to trick a ton of people! The successful investors of the main pumps that have just occurred are going to go into coins like ARRR(!) that are incredibly valuable microcaps! Probably also pumping the gaming microcaps, which I've heard from my Dad today might've literally just started although I'm not looking at crypto gaming for I believe the gaming industry is deeply unethical due to its brain chemistry manipulation – instant gratification combined with making your financial income off the game is harsh!!
I can already see the microcap pump happening with ARRR and it's the reason why I'm passionately writing this now – I'm staying up to utilise this opportunity with the little money I have to invest in it - £30. I'm investing for experience, not the money.
When the microcaps pump, as Alex Becker has said in other previous crypto videos, the whales are going to take advantage of the little guy with XRP by dumping it and then take profit from pumping the targeted microcaps. The cash flow from the microcaps is immediately going to go into BTC to pump it up to about 75k along with most of the other top cryptos because they're controlled by BTC.
When the whales have profited from this, the cash will immediately go into pumping XRP when most XRP investors have jumped out of the boat demoralised. When the XRP hodlers decide to hop back on since it's skyrocketing for one last hope at making gains by it, the whales dump it with an Elliott correction wave, making it go back down to who-knows-what price (I can't see into the future).
Directly after BTC's completed its correction wave and starts deteriorating to 0 in price, the flippening will occur as the cashless society movement starts making moves. XRP skyrockets – the price action of which will be easily predictable with basic fib price extensions – which will flip BTC, or at least attempt to (I believe the privacy coins will win the battle, and the only people who'll be able to take advantage off XRP skyrocketing will be the people at the top of the pyramid of control since the holding of surveillance coins will be punishable by jail!).
I can see it practically – XRP will be a 10x+ gain, although the privacy cryptos will yield much higher gains of more than 20x like we saw in the explosive bull run at the start of this year! You win by investing in ethical fundamentals and knowing your stuff guys! Always invest with your heart and spread the love!
Back to what's happening in the psychological manipulation side right now – the whales know that people are expecting the XRP lawsuit to be won by ripple since the lawsuit is fundamentally flawed in logic, and because everyone's hopeful for the lawsuit and thus the price to skyrocket, it will actually fall because the whales will trick most of the small investors in the game and dump it! They've rattled you out of all your money so that you drop your XRP and they get to make profit off of it when BTC tanks!
Basic TA standpoint – XRP has literally always dropped downwards rapidly this year when it's formed a triangle as shown, so this case of the big triangle is no exception. Simple.
I've confirmed the price action with the fib price retracements, for which I thankfully believe that no fib time retracements or momentum analysis is necessary here and would just overcomplicate the graph.
You can see that I've drawn the upwards fib price retracements from the swing high to the swing low of each peak – the start and peak of each triangle to the second third of it, which predicted the peak easily all 3 times (the first midget peak is not involved in the Elliott wave I believe). I've also drawn downwards fib price retracements to accurately predict about the middle of each stagnant period after each small triangle formation which has worked accurately every time. I believe that this time will be no different, plus the fact that this most recent downwards fib retracement has gone to 0.5 bang on, I believe, is no coincidence. Although I have no clue why it would be planned to be at around that level exactly.
I could be wrong!
Remember that you are lovable, no matter what!