Jayed

XRP 2013-2017 compared to 2017-present w/ speculation

Long
I see XRP behaving now in relation to where it's 2017 fractal played out, in a similar way to how 2017's fractal played out in comparison to XRP's 2014 run on $0.06. ie, suppressive price manipulation is only increasing the explosive pressure which will lead to more extreme overbought conditions when FOMO returns to the market in mass. This could lead to (albeit short lived) 3 digit prices for XRP by next fall. This price increase also comes with the foot note, that the US is likely to experience dramatic inflation/dollar devaluation as a result of increased debt ceiling/debt default this fall.

Scarce liquidity going into September, as DC (predictably) failed to come to an agreement on the budget prior to their summer recess, will likely contribute to a contraction in the stock market & modest increase in store of values like precious metal & crypto, as smart investors position themselves for the inflationary headwinds bearing down on the US economy.

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