After the price surge of over 100% within two days, i wonder where the price goes from here.
Due to the fact that the price rose so fast in such the short timeframe, i dont believe that XRP price will continue to rise.
I expect some sideways consolidation followed by a decline in price to a resistance level of approx 0.39EUR by next week.
(I hope so anyway, I dont get paid till the end of next week and some low prices would be ideal lol)
What do you guys think?
#XRP #XRPTHESTANDARD #XRPTOTHEMOON #RIPPLENWO
Due to the fact that the price rose so fast in such the short timeframe, i dont believe that XRP price will continue to rise.
I expect some sideways consolidation followed by a decline in price to a resistance level of approx 0.39EUR by next week.
(I hope so anyway, I dont get paid till the end of next week and some low prices would be ideal lol)
What do you guys think?
#XRP #XRPTHESTANDARD #XRPTOTHEMOON #RIPPLENWO
Comment:
Comment:
I believe the price of XRP is repeating the cycle it has been in since Q1.
A - B (-78%/32 Days)
C - D (-62%/48 Days)
E - F (-70%/128 Days)
(The duration here is an outlyer but still included in mean)
Average Percentage Drop = (-70%)
Standard Deviation = (8%)
Average timeframe = (69 Days)
Standard Deviation = (51 Days)
Therefore I believe XRP will continue this cycle and drop another -70%, +/-8%
The timeframe at which it take to drop this much is harder to predict,
However, We do know XRapid Will be going live
A - B (-78%/32 Days)
C - D (-62%/48 Days)
E - F (-70%/128 Days)
(The duration here is an outlyer but still included in mean)
Average Percentage Drop = (-70%)
Standard Deviation = (8%)
Average timeframe = (69 Days)
Standard Deviation = (51 Days)
Therefore I believe XRP will continue this cycle and drop another -70%, +/-8%
The timeframe at which it take to drop this much is harder to predict,
However, We do know XRapid Will be going live
Comment:
Continued... XRapid Will be going live ''In the Next Month or So''
I believe we will launch to go the moon between November 1st and November 23rd
Happy Holding :)
I believe we will launch to go the moon between November 1st and November 23rd
Happy Holding :)