Cryptoer_Lion

XRP: The Road to 100USD. when and why ??

POLONIEX:XRPUSD   XRP / U.S. Dollar
12411 views
126
12411 21
what do u think? guys.
BTC forming a higher high by early September seems unlikely at this stage. We would have to see the biggest monthly candle ever for this to happen. Add a month or 3 to XRP consolidation phase we are in an redraw and see what it looks like - you should get a curve.
Reply
If XRP will be 100$, I will cut my 25 cm penis. :)
+4 Reply
Why though? I love asking people why their predictions are true? Is Ripple being adopted by a country or multiple corporations? Is there a major upgrade to Ripple? Or, is it going to $100.. just because it can? If thats the case, make it $1,000 XRP. Baseless chart where past doesn't reflect future.
Reply
ThumbSkin BankofEngland
@BankofEngland, it's being adopted by governments and multiple corporations. It's no longer speculation, its public knowledge now.
+4 Reply
That’s kind of Montecarlo simulation, in my opinion it doesn’t apply, I saw stock market having the same pattern but ended into a huge head and shoulders because overvalued.
+3 Reply
I have the same thing setup on my chart, but I have the edge by another 340+ days since we have only completed the first hump, we have one more hump to go. We are in a consolidation phase between .29-.46 cents until summer of next year is what I have. https://twitter.com/CidVicious2/status/1125980344623046661/photo/1
Reply
This is why pure TA does not work.
Its great for clicks tough :D
+3 Reply
@prehisto, - Well, that's why its called technical analysis. You have a bunch of day traders making absurd predictions based on absolutely nothing. No great news about Ripple, no new upgrades or improvements.. but, it'll hit $100 just because it can. And hence why I call these, Just Because TA. Just because they want it to. Blind optimism based on nothing
Reply
DeniKatsman BankofEngland
@BankofEngland, news don't mean shit either. TA reflects market psychology, besides many people believe in TA, so while it is not "a self fulfilling prophecy" I believe that it does have an effect. + add all the people who do not know jack shit about trading but will believe in predictions. What about all the people that bought BTC at 20K? Actually, why in the world did BTC reach 20K in your opinion, then?
+1 Reply
BankofEngland DeniKatsman
@DeniKatsman, it reached that because mass adoption and well as CME Group listed bitcoin futures which opened the flood gates for investment. Pretty simple.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out