hi all
A good day for XRPUSD today !
playing with a logarithmic chart, we see where XRP can go. This is just an idea, absolutely not financial advice. Lets call it hopium.
In the past, XRP has consolidated for a long time, making nice triangles before the next violent rip up. Will history repeat itself again ?
JPMorgan coin now exists, so we know some big stuff is going on with the banks, I believe its only a matter of time before something very exciting is going to happen with XRP.
A 30 dollar Ripple would need a market cap around 800 billion, or around 10X of All time high.
While it sounds ridiculous, we have seen 10x before in crypto, havent we ? Isnt that why we are in crypto, because we believe we are early, and that it will have a massive global use ?
I have always believed in XRP, and I believe it was the first crypto i bought, and I got some for 3 cents. Sadly it wasnt many coins :)
Comment:
first weekly candle close on the up side of this triangle since... forever ? yeah, forever !