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Haha, how funny that was, that only a few days after my last quite cautious chart, where I said that this pump is probably only an intermediary one , and not the big one yet;
that after this XRP immediately starts pumping like crazy.
This looks more and more like the big one , and now of course it will be interesting to see how high this will go.
Interesting of course is the behavior in XRPBTC , so the relation to BTC . We don't know yet how high BTC will go, but it is reasonable to assume that it will probably be 100k USD,
with a lot of luck 200k USD.
And we observe also an interesting behavior with XRP. Namely it likes to double double peaks. It did so in 2015, then during the last rally, and now it probably will do so again?
Why? Because we are only at the start of the rally, and already see such excellent pumping. XRP will most certainly pump again when BTC reaches the all-time high, or shortly
afterwards, like last time. But this is still quite a while away, so a double pump is therefore quite likely.
But how high?
Well, let's look at history. XRPBTC has a RISING trend, that is very important to keep in mind and also one of the main reasons I am so heavily invested in this coin.
Over long periods of time, it gets more valuable compared to BTC . This is true for the lows, as well as for the peaks. They seem to be rising historically.
So we can assume that XRPBTC will make a new top. I am guessing around the 0.0003 area, possibly 0.00035. Combine that with a BTC price of 100k, and we arrive at my long
postulated target of around 30 USD per XRP as the peak.
The first pump could lead us to around 6 USD, assuming that it will coincide with BTC at around 20-22k.
The second pump then to around 30 USD, with extreme luck 60 USD, with BTC at around 100-200k.
I tend to be conservative, so even 20 USD per XRP would be AMAZING. But 30 is quite likely.
Good luck to all XRP holders, your patience and 3 years of suffering will be extremely rewarded :)
that after this XRP immediately starts pumping like crazy.
This looks more and more like the big one , and now of course it will be interesting to see how high this will go.
Interesting of course is the behavior in XRPBTC , so the relation to BTC . We don't know yet how high BTC will go, but it is reasonable to assume that it will probably be 100k USD,
with a lot of luck 200k USD.
And we observe also an interesting behavior with XRP. Namely it likes to double double peaks. It did so in 2015, then during the last rally, and now it probably will do so again?
Why? Because we are only at the start of the rally, and already see such excellent pumping. XRP will most certainly pump again when BTC reaches the all-time high, or shortly
afterwards, like last time. But this is still quite a while away, so a double pump is therefore quite likely.
But how high?
Well, let's look at history. XRPBTC has a RISING trend, that is very important to keep in mind and also one of the main reasons I am so heavily invested in this coin.
Over long periods of time, it gets more valuable compared to BTC . This is true for the lows, as well as for the peaks. They seem to be rising historically.
So we can assume that XRPBTC will make a new top. I am guessing around the 0.0003 area, possibly 0.00035. Combine that with a BTC price of 100k, and we arrive at my long
postulated target of around 30 USD per XRP as the peak.
The first pump could lead us to around 6 USD, assuming that it will coincide with BTC at around 20-22k.
The second pump then to around 30 USD, with extreme luck 60 USD, with BTC at around 100-200k.
I tend to be conservative, so even 20 USD per XRP would be AMAZING. But 30 is quite likely.
Good luck to all XRP holders, your patience and 3 years of suffering will be extremely rewarded :)
Comments
The strong hands will be rewarded :) I also wish you a great 2021, it will be an epic year for crypto.
Most people on tradingview make charts that they want to be true, not what is most likely to happen, because then they get more views and likes. I am happy that I could provide some value with my charts.
All the best of luck to you in this upcoming insane crypto bullrun!
But for constructing an expected timeplan: Year 2016 saw Bitcoin halving in May. XRP rallied in 15th of May 2017. Year 2020 saw Bitcoin halving in May. I would expect XRP rally somewhere before June. Looks like more wait ahead :-|