all this of course depends on btc now ending up at 10k, right? not sure what your timeline is but it doesn't look great right now.
contemplatingcrypto
⋅
@Patl66, Wave 5 Will Bring Us Above 6 Figures for BTC! IMO (see previous Post)
hahacryptoman
⋅
Hey man, thanks for the idea. I an really bullish on XRP as well, but I have to ask, do you think XRP could ever reach 2000$ for each token? I've read a lot around it and wouldn't that make XRP's current market cap by 2000x?
I am just curious and I like to hear everyone's opinion before I form my own :) Nice work, keep it up!
Pastig
⋅
@hahacryptoman, yes there is big chance to reach ~2000dollar
contemplatingcrypto
⋅
@Pastig, and people say making money is hard.. Lmao!
contemplatingcrypto
⋅
@hahacryptoman, Based on this chart, the yellow resistance line is above 3000$+ This is exactly what happen to DOGECOIN and it even went higher than the yellow resistance line! Im definitely keeping xrp for that potential outcome!
hahacryptoman
⋅
@contemplatingcrypto, @Pastig My apologies for not explaining why I asked such a question.
The thinking behind my question is because of your yellow line's top at around 4k. The yellow line isn't connected with the green curves starting point, neither is it a resistance line since it hasn't been in touch with any of the chart, only to the applied fibonacci retracement.
Therefore, as new to chart and technical analysis as I am; why have you set the top at 4k, when it seems highly unlikely that XRP will hit even 2k. I am just curious of why you have applied the green curves movement connected to the yellow line like that. Hope that that was a better way of explaining the reason why I asked. Best of wishes.