ITS FINALLY TIME FOR ALT SEASON AND XRP WILL OUTSHINE THEM ALL!
Long term chart showing rough projection based on history and EW Theory.
I've continuously studied and updated this chart to see what is the most likely path it can take in a bullish scenario.
I very much remain bullish on XRP, and with what Ripple has been doing and is continuously doing behind the scenes to grow this eco system and ultimately make XRP the first digital world reserve currency, it no doubt can reach triple figures if not more.
The projection happens to have many confluence points with the long term channel and the PitchFork as well, but take it with a pinch of salt as it is not to say it will move exactly in that manner.
I do believe that a price in the region of ~$5 - $7 with a less likely potential for going upto ~$20 by EOY 2019 is definitely possible; if so, a price in the region of ~ $140 is definitely possible by EOY 2020 as well.
these are all my opinions based on my own FA and TA, it is not investment advice, do your own research!
going to be an exciting end of the calendar year! :D
cheers!
I've continuously studied and updated this chart to see what is the most likely path it can take in a bullish scenario.
I very much remain bullish on XRP, and with what Ripple has been doing and is continuously doing behind the scenes to grow this eco system and ultimately make XRP the first digital world reserve currency, it no doubt can reach triple figures if not more.
The projection happens to have many confluence points with the long term channel and the PitchFork as well, but take it with a pinch of salt as it is not to say it will move exactly in that manner.
I do believe that a price in the region of ~$5 - $7 with a less likely potential for going upto ~$20 by EOY 2019 is definitely possible; if so, a price in the region of ~ $140 is definitely possible by EOY 2020 as well.
these are all my opinions based on my own FA and TA, it is not investment advice, do your own research!
going to be an exciting end of the calendar year! :D
cheers!
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.