XRPPanjang
XRP just went CLICK CLICK, here comes THE BOOM!
Here's another take on where the next leg up is going to take us, based upon the scale difference of our previous bullish waves on the daily.
We're entering Wave 3 with bullish momentum on the daily. I'm personally hoping we blow this projection out the water by ~20-30% and try tagging $1.00.
If we can make a real run on $1.00 in this wave, I'd project our next target after a strong pullback to not only be "ATH" but to perhaps be near $12, briefly consolidate, run to $30, consolidate before bubbling to $294 before long term consolidation.
(Similar to how when XRP broke bullish in 2017, it's first rise to $0.41 was approximately 4x it's previous ATH.)
If we only reach the high $0.70 range and consolidate around $0.50 I'd expect a new 3 wave cycle that would first take us to roughly $6, briefly consolidate, run to $10, consolidate and run to $89.50, for the memes, before long term consolidation.
I expect our next bear market/long-term consolidation to be short lived, likely less 6 months of downward consolidation at most, before companies begin dragging consumers onto the network and we see the fabled 'stable growth, never ending bull run.'
We're entering Wave 3 with bullish momentum on the daily. I'm personally hoping we blow this projection out the water by ~20-30% and try tagging $1.00.
If we can make a real run on $1.00 in this wave, I'd project our next target after a strong pullback to not only be "ATH" but to perhaps be near $12, briefly consolidate, run to $30, consolidate before bubbling to $294 before long term consolidation.
(Similar to how when XRP broke bullish in 2017, it's first rise to $0.41 was approximately 4x it's previous ATH.)
If we only reach the high $0.70 range and consolidate around $0.50 I'd expect a new 3 wave cycle that would first take us to roughly $6, briefly consolidate, run to $10, consolidate and run to $89.50, for the memes, before long term consolidation.
I expect our next bear market/long-term consolidation to be short lived, likely less 6 months of downward consolidation at most, before companies begin dragging consumers onto the network and we see the fabled 'stable growth, never ending bull run.'
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.