XRP - HIGH CONFIDENCE 20x ROI MACRO INVESTMENT POSITION (+/-18 Months to Target)
XRP is in the process of competing a final wave E of a six year macro Symmetrical Elliot Wave triangle structure.
Qualifying Criteria:
- Waves A through D of the triangle can all be observed dividing into subwaves of 3,3,3,3
- All subwaves can be seen finding resistance of subwave A at the centre line of the triangle
- All subwaves qualify with valid Fibonacci ratios between wave A and C
Forecasted E
- Elliot Principals Theorise that Wave E in macro triangle structures often terminate at the APEX of the triangle, which is visibly imminent towards Q4 2023.
- Elliot Principals Theorise that Wave E of a macro triangle most often terminates as another triangle, which can also be clearly observed through historical data analysis.
- A triangle wave E being the most likely outcome as we can see the constriction of volatility, indecisive sentiment and lack of volume resulting in a final consolidating price range
- Once the Subwave E and Apex collide we can expect an exponential move to the upside as volume, sentiment returns, and volatility expands.
- We can expect a 20x ROI with a high degree of accuracy from the current price level of 0.63 to around 15USD. Empirically evidenced by historical data of several assets with similar macro structures.
XRP is in the process of competing a final wave E of a six year macro Symmetrical Elliot Wave triangle structure.
Qualifying Criteria:
- Waves A through D of the triangle can all be observed dividing into subwaves of 3,3,3,3
- All subwaves can be seen finding resistance of subwave A at the centre line of the triangle
- All subwaves qualify with valid Fibonacci ratios between wave A and C
Forecasted E
- Elliot Principals Theorise that Wave E in macro triangle structures often terminate at the APEX of the triangle, which is visibly imminent towards Q4 2023.
- Elliot Principals Theorise that Wave E of a macro triangle most often terminates as another triangle, which can also be clearly observed through historical data analysis.
- A triangle wave E being the most likely outcome as we can see the constriction of volatility, indecisive sentiment and lack of volume resulting in a final consolidating price range
- Once the Subwave E and Apex collide we can expect an exponential move to the upside as volume, sentiment returns, and volatility expands.
- We can expect a 20x ROI with a high degree of accuracy from the current price level of 0.63 to around 15USD. Empirically evidenced by historical data of several assets with similar macro structures.
Comment:
The final ABCDE structure is playing out and seems to have just completed the D leg and we should see a final E leg form over the next few weeks further with consolidating price movements until a breakout on volume occurs, anywhere between March and May 2024 initiating the exponential move to our ultimate target over the next 12-18 months. The structure and cycle of the final ABCDE is deeper and longer than anticipated, but the dimensions are perfectly aligned to expectations.
