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.
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.
@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
@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?