XRP right now is following history pretty closely.
As you can see from the main chart, XRP is potentially mirroring the same fractal formed back from 2013-2017. If history repeats, there will be a massive breakout for XRP.
There is quite a bit of evidence to support this.
First of all, the multi-year symmetrical triangle that has formed just like in 2012. It's taken years to form, but here we are in 2024 at the apex of it.
Within the triangle, even the fractal looks the same. You can see marked out points inside.
[Link 1: MACD on the weekly is showing the same histogram readings as back then, with three big waves, two small, then a bullish cross on the MACD. Exactly the same has happened right now.
[Link 2: Last triangle when XRP was coming to its apex]tradingview.com/x/3H1BM7Ow/, Bitcoin had just touched an all-time high again and had a pullback. It is at this moment XRP had its moonshot.
Tell me, what are the chances we have now formed a second multi-year triangle and it just happens that Bitcoin has broken all-time high at the apex?
The stars and planets seem to be aligning once again. It's just a matter of time before some big news comes out and this slingshots.
[Link 3: Price targets] seem to be pretty crazy targets all around for the XRP community lol. No idea where they're coming up with hundreds of dollars price targets, but if you would have a mirror move, then yeah, $575.
The chances it goes to $575 this bull run are under 1%, let's be honest. The money required to get a mirror move is insane. So, a more grounded target this run would be a max of $10-14, with the first wave hitting $3-5.
You can’t just apply historic fractals and say history will repeat. Where will the volume come from? Nobody is buying XRP.
sup3r_princ3
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@jtradecanna, are you an insider? How are you sure no one is buying?
204f527996864c37bf99691291ae25
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@jtradecanna, where is volume coming from on Eth, BTC? Or other shitcoins? Volume isn't argument in this space. BTC just reached new ATH with shittiest volume in all its history.