Reasonable target for XRP, based on a double cycle theory.
- First cycle top, end of Wave 3, based on 4 years repetitive cycle following BTC halvening cycles : November 2021, XRP at around 8-9$, 400 billions $ market cap.
- Wave 4 : correction 65%, XRP back to 3$.
- Second cycle top: Wave 5, lengthening cycle, end of 2022, XRP at around 24$, 1,2 Trillions $ market...
This bars pattern pasted is of course very speculative and based on the previous bull run
Assuming the same rate of growth within a bull market this Fib channel may hold
A minor trend has developed within the recent bull move in which I have sketched a parallel channel upward
I hodl XRP
XRP it's extremely bullish in this altseason. So, I show my 4 targets in the market cap to reach in this cryptocurrency.
1. Target #1: $500 billion
2. Target #2: $1 trillion
3. Target #3: $3 trillion
4. Target #4: $5 trillion
Now, I will going to show you how to calculate the future price when XRP reach one of these targets in the market cap into the...
Simple analysis using 'Trend lines' Indicator, which shows a break of a resistance trend line for XRP market cap, this may lead to a new ATH for the market cap.
SO Consolidation and Support retests have been the main playouts in the Broad Market overall last 24hrs (weeks). XRPUSD has been testing the 0.2900 - 0.29200 and if it holds then sratrt to look up...the close tonight will reveal. Overall the previous strucure being folloew Diamond setup..is holding well,see above, and the Structure Channels have been tightened....
Looking at where the Linear regression ends, we are looking at 13.5% market dominance at the end of this cycle, which is where XRP was 1 year ago. With current Market cap the price of XRP is $0.64, but of course the marketcap will change by 2021.
Happy holidays all.
Where do you think market cap will be the day of the Swell conference this year?
Please share your ideas and post your comments! Lets talk about it ^_^
Thoughts on 2018 Swell? Price? impact? speculation? Reason? Thought? Influence?
