Not to get ahead of myself, but... The 8 year range XRP has been in is about to give, too.
The fibonaccis on that point to (at current oil prices):
- $110 (also in range of a number I'd called for)
- $165 (also in range of a number I'd called for)
- $1035 (w/ full global adoption and swift - not out of the question, but I hadn't been able to substantiate this...
CRYPTOCAP:XRP / TVC:USOIL is breaking out of the 7.5 month range. It's time.
Fibonacci says it's a 4x from here, $12 at current oil prices, within the $8-12 range I'd been calling for.
Other potential pivots (at current oil prices).
- $4.2
- $7.2
If Oil goes up and the chart structure holds - that effectively would be compounding in USD terms.
Following a year long downtrend after management followed through with a secondary offering, my chart shows a possible cement floor at 1.80. Higher accumulation and a recent uptrend could mean a lot of upside for the drug development company.
With FDA planning to regulate nicotine levels, XXII (holding 200 patents protecting their production/manufaturing methods for making VLN, very low nicotine, tobacco) is well positioned to capitalize on the ~$20b of Big Tobacco market cap lost since July. In July, the FDA publicly announced their ambitions to change tobacco regulation. In addition, the FDA has...
