$XRP >> Will the rounded Bottom target history repeat in Q4?!
Hi everyone,
It's all in the chart.
My theory is that there is a possibility that a repeat of the previous macro rounded bottom is happening right now. XRP technically is at the verge of massive upside; it is immiment, especially as BTC trends sideways and even downwards in the coming couple of months.
A rounded bottom has a very clear target if and when it plays out; as you can see by the previous one in 2017. Yet the 2017 bull run was so powerful that it even over-shot that target after a few months of consolidation.
Will history repeat and we hit the current rounded bottom target at around $50 EOY?
It is wishful thinking to be honest; that's a very bullish target. But I wanted to present it to portray the sheer potential of this XRP beast. It's like no other. And this is simply not talking about its fundamentals..... those are even more powerful.
Well, hope you enjoyed it for what it's worth. I'll stick to my $12 EOY target as a "conservative" Price target.
Cheers,
Leb Crypto
It's all in the chart.
My theory is that there is a possibility that a repeat of the previous macro rounded bottom is happening right now. XRP technically is at the verge of massive upside; it is immiment, especially as BTC trends sideways and even downwards in the coming couple of months.
A rounded bottom has a very clear target if and when it plays out; as you can see by the previous one in 2017. Yet the 2017 bull run was so powerful that it even over-shot that target after a few months of consolidation.
Will history repeat and we hit the current rounded bottom target at around $50 EOY?
It is wishful thinking to be honest; that's a very bullish target. But I wanted to present it to portray the sheer potential of this XRP beast. It's like no other. And this is simply not talking about its fundamentals..... those are even more powerful.
Well, hope you enjoyed it for what it's worth. I'll stick to my $12 EOY target as a "conservative" Price target.
Cheers,
Leb Crypto