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i_am_noone
Jul 12, 2020 2:54 AM

XRP Finally set up  Long

XRP / BitcoinPoloniex

Description

May need some more time. However once horizontal line breaks, moon is certain. XRP and Dogecoin are comparable in supply, except half of XRP supply is locked, and at least 20-30% of the total supply has been accumulated, meaning float for XRP is in the 30-32 billion range. The case for a big pump can be made b/c of the way supply is distributed. Also if you think about, this coins sole purpose in life is to be pumped. And who knows maybe it'll become "the standard". Old USD aths and new USD aths are coming, BTC bull raises all coins.

Total Doge supply: 125,367,046,142 DOGE
Total Doge circulating supply: 125,367,046,142 DOGE
Around 100 billion DOGE are dormant. Making it's float around 20-25 billion.

Total XRP supply: 99,990,932,726 XRP
Total XRP circulating supply: 44,257,803,618 XRP
No real way to confirm dormant XRP however it's safe to assume roughly 30% of the circulating supply has been accumulated making it's float around 30-32 billion perhaps lower in the 10-20 billion range if more than average accumulation has taken place.

Comment

It can either dump 50% from here back to wick or moon if green line breaks; grabbing a suicide bag isn't a bad idea considering it's been dumping for 3 yrs in a row.

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It is almost time.

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soon

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a lil longer

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just a lil longer...

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this is a shakeout

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Total XRP circulating supply: 45,248,061,374 XRP
They are dumping it.

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orange line test incoming imo

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Total XRP circulating supply: 45,328,155,123
They are still dumping on supply another 80,093,749 XRP got introduced into circulation.

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Total XRP circulating supply: 45,404,028,640
75,873,517 XRP got introduced into circulation

Pumping while they are dumping is bullish assuming XRP can keep above the green line; "BREAKS THIS AND MOON"

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pieceofshit. maybe it'll go up soon

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and it's dead

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it might be alive

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cam on xrpeeeeeeeee break 0.00003703

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I've done some magic calculations for XRP. USD target is between 5 and 99 dollars.

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ANY WEEK NOW

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cam on xrpeeeeeeeee break 0.00003703

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nothing happens for the longest time. then something happens. all at once. if this doesn't dump. high chance of breakout.
Comments
Cointact
If it's not happening right now, then it won't for a while longer. At this point it's more likely that it's going to stay a tad dormant imho. Even though the lawsuit didn't end bad for XRP, the halving will soon start to gain traction, paralyzing most altcoins until BTC stopped climbing. It has been like that for the past few halvings.
i_am_noone
@Cointact, it'll happen once the XRP/BTC ratio breaksout, until then you are correct.
XRP1322
Bump
XRP1322
Bump
satoshimonkeyswing
aand 3 yrs later we have gone sideways for 3 years lmao
i_am_noone
@satoshimonkeyswing, that's just how it is with crypto.
MehdiAh90448
Exciting analysis!
gigabyte3d
it will be glorius....
sirlitecoin
are your opinions of xrp changing now that exchanges are starting to relisting?
i_am_noone
@sirlitecoin, probably. FUD killed the momo, but there are still 6 1/2 months left in the year plenty of time for that to come back.
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