tradeformula
Long

$55 XRP by September of 2019 (VIDEO)

BITSTAMP:XRPUSD   XRP / U.S. Dollar
Ok, so this post might seem ridiculous, but hear me out. We've seen this repeatable pattern of breaking resistance, extreme growth, and then a following consolidation and new resistance formed many times now, and it's conceivable that when we break resistance this time around, we'll see another period of extreme growth followed by consolidation and new resistance... etc.

So how does this play out practically speaking, based on what we've already observed?

This video is highly speculative, of course- but it's in fun, and the market is boring right now, so why not. I'll save this link and revisit it a year and a half from now from my villa in South of France since we're dreaming.

I'll create an accompanying trade idea so we can all follow and laugh at me (or with joy if you hold XRP)
Comment: Dipped a bit more than I thought, but XRP price action is touching resistance now on logarithmic scale, and this is looking like the start of something very big. Stay tuned

Comments

I knew you said it!
+3 Reply
Have no doubt that XRP will surge.. but I feel the surge will be much earlier and in this year itself it may touch USD 20, as the dynamics change along the way.. XRP is way ahead of what it was in 2016 or 2017. This year has been so far focussed on regulations and Ripple focussing on expanding its product portfolio so as to accelerate the adoption of XRP. What holds XRP back is Bitcoin and with the coming of the SBI exchange and NASDAW based crypto exchange, this decoupling of XRP and BTC will occur and hopefully accelerate the growth of XRP, helped by the clarifications on the regulatory status of XRP.
+2 Reply
I get no audio in this video. It's happened in other TV videos too. Is there audio?
+1 Reply
@xrpftw, That's odd- yes, there is audio
+1 Reply
this is wrong ... cause you drew boxes not use percentage ... the maximum is 15 dollar if you use percentages not guessing
+1 Reply
tradeformula hatmaendik
@hatmaendik, in the first box, it's about 12x, the next box is about 14x, most recently it's 16.5x, and the next two are guesses that are a bit higher. I'm measuring the most recent low of that period to the high of that period.

How are you generating a maximum?
+1 Reply
$55 is way too high. I would say $15 - $20 by September 2019.
+1 Reply
C-Stax C-Stax
@C-Stax, and thats being 100% optimistic. It'll probably only hit $8 - $10
Reply
LOOOL

Do you know what market cap means ???

XRP $55 means Cap of 2.2 TRILLIONS !!
+3 Reply
@abd17mou, I do realize that, yes- and also believe that Ripple/XRP will facilitate much of the payments of the world by September of 2019, which makes this a (somewhat) reasonable conclusion.
+4 Reply
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