For the haters :) Here's a bit of speculation for the haters, but numerous times Xrp has been claimed to be designed to work at 10k an Xrp. I just thought it'd be interesting to put it in perspective of a possible way in which it could get there logscale-wise.
And yes.. this is most definitely speculative, not 'actual' targets because there's just not enough information like Bitcoin to work out exactly what targets are going to be hit from 32 years in advance. Although if Xrp is to get to 10k.. a possible year could potentially be 2055 according to my chart. Lot's to look forward to :D
Where's all the haters at?? Haha!!! $$$
Xrplongs
XRP Breakdown and Re-accumulation This fractal pattern has played out 2 other times in the charts and looks like it could play out again.
Both in 2017 and in 2021 XRP broke out of is descending resistance and then started to bleed back to its trend line.
This 2023 fractal closely resembles the 2017 fractal, if we start to see a slow bleed into the 4th quarter of the year, watch for 1 strong sell wick to the down side in the accumulation zone, that will be your buy signal.
Both fractals in the past had a strong capitulation wicks which were quickly sucked back up into the tight range.
This line is of great importance!!The bearish noobs out there are telling people like me and you that Xrp will go to 0.28 cents or 0.30 cents, but they aren't experienced enough in crypto.
The same are still calling Xrp Ripple when Ripple is not Xrp. If the 'company' Ripple disappeared tomorrow, Xrp would still exist. It has nothing to do with Ripple when Xrp is fully decentralised.
Now what is the chart telling us? Forget the naysayers. We can see Xrp trend setting the price upwards. By December Xrp most likely will never fall below 0.33 cents ever again.
As I've stated in the past... Xrp is way undervalued. It shouldn't even be below 0.65 cents which is the mean bottom. Now Xrp is in a double bottom position, hence why I'm confident the current bottom upward trendline tells us price action whereby Xrp will never drop below again.
Come 1st December.. Xrp will never drop below 0.34 cents again. Come New Years Xrp will never drop below 0.35 cents again.
We're seeing 👀 history in the making!!
NEXT CLUE BELOWArrived: JUPITER SUN STATION 5
Current Song playing overhead and you happen to hear this...
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Twenty-five years ago, they spoke out and they broke out of recession and oppression and together they toked
and they folked out with guitars around a bonfire..just singin' and clappin', man, what the hell happened there?!!>>>?!?@?!
1972 Stock Market Rockets to never before seen ALL TIME HIGHS...
www.nytimes.com
15 YEARS LATER...
1987 STOCK MARKET CRASHES
15 YEARS AFTER...
1999 - 100 Billion Y2k LOSS
2000 - 2008 RECESSION caused? hmmm
2018 - New Digital Market is created
YEAR 46 - 2019
YEAR 50 ANNIVERSARY - 2023 LETS TRY TO DO THIS THE RIGHT WAY IN A NEW MARKET ;)
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BETTER TO HAVE SOME THAN NONE!!! SO STOP ANY HATE AND BUY SOME THIS IS TO MAKE THINGS FAIR TO CREATE AND FOR THE WORLD TO CREATE & APPRECIATE ;) .... get it?
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Glad to see you're still under my umbrella. The Rain is over..lets close it for now. Christmas is near. It is time to reflect upon your year, what have you done for yourself? Your family? For others who are beloved and dear? What can you do for yourself now to plan for next year? The weather is getting cold..times need to change. Time to share a coat.
Can't fk with a / G \
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You might be deep in this game, but you got the rules missing
Niggas be actin' like they savage, they out to get the cabbage
I've got nothin' but love for my niggas living lavish
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1hr Observation 48-72hr left We are observing the middle of the month and 11pm to 11am timeframe on November.....
15th
16th
17th
I have marked the current channel, pattern structure (pennant) and horizontal buy/sell wave on top of the channel.
The purple arrow route would indicate strong support where we currently are in the price zone. It also would recognize a more slanted pennant indicating more exhaustion for the bears. Less risky buy zones would be bottom of the channel near golden arrow zone or exiting of the channel
Speculation: 1 more drop come around these days around late in the night and a day and a half for it to reverse thereafter. We can head as far down as the golden arrow. This is just an added chart to our XRP follow.
Do we finally have a bottom? On the daily chart of XRP\USD a diamond patter has seems to have formed. This usually indicates a major bullish indicator and a possible trend change. With the 21, 26 and 55 moving averages being very close to each other under the 100MA we should expect all three to cross. The RSI does still have room to move on the up side before hitting oversold could indicate a large move on the up side.
The first target would be to break the $0.32 - $0.33 area and then push towards the $0.46 level.
The funamentals of XRP this year have become stronger and stronger with Ripple making 2-3 new partnerships a week and the Moneygram deal would sustain such a move. XRP has been in a very prolonged accumulation phase for most of 2019 and in my view which started around end of 2018.
On the bear side, another quick visit around the $0.24 - $0.25 are may be possible but the chances are dimished with the above bullish patterns. The weekly chart of USD\XRP also looks very bullish and within a week or two we should see the price moving further up towards the $0.50 levels where a strong area of resistance is awaiting.
XRP oil monthly overlap secretBEFORE YOU READ THIS PLEASE UNDERSTAND THAT CORRELATION DOES NOT MEAN CAUSATION!
The only way you can do this is by overlapping the charts. You cannot see this unless you do that.
This shows some correlation between XRP and OIL traders. You can call me crazy but thats what makes me successful. Looking for things that aren't common.
Something I found here interesting I wanted to share was that when USOIL and XRPUSD consolidate and wave back and forth you will notice both will rise and fall together when they show similar structures in market direction. Nothing is exact but it will be "similar" in distribution and accumulation and the movements seem to happen every other month.
I made this analysis idea on the monthly so that people can view it on a 2 month basis and follow this overlap. The point of this idea is for you to see how the big players who play in oil and xrp swap their assets to make money both ways.
You will notice similarities on the daily structures as well. Again..not exact because history doesn't repeat but it sure does rhyme. This idea can give off probably 2 strong signals a year if we continue to see similar trade structures develop as DA's and XRP grows.
If XRP truly is the digital oil for the new asset classes a $100 dollar XRP isn't as ridiculous to speculate as some naysayers think.
Obv it can take years or happen in a matter of less than a decade. We will truly know soon enough in the next 2-3 years. 2020 - 2021 chart structure will be important for us up to 2030 as we watch XRP grow and regulation wraps up these last 2.5 - 3 years. We are year 2 into regulation. 4-5 years was the completion outlook by the SEC and CFTC. It is also just long enough for every large corporation and bank to build their block chain ledger systems.
As always traders. Be safe. manage risk. Think outside the box. Take this idea for fun and for possibilities.