Sometimes just for fun I like to play around with extensions and see what happens... this time evaluating XRPUSD i found something quite interesting.
If that was the case, and we are reliving the '17 pattern, look at what would be the target of the first wave, more or less 1.96! what is more amazing is... the correction of this wave should be.... 0.85!! (so far so good for this 2021 first wave!0.17-1.96-0.88)
If that doesn't rythm... well just take a look at the dates by yourself! first wave on March followed by april correction (simple) third wave on May followed by jun/nov correction (complex) fifth wave december/january.
It's nice to look at the highs but the corrections ar enormous! -57% and -44% respectively to second and fourth waves...
I'm a long time holder and I'm used to it but hey... if I see that 11.3 by June... you guys know who will be getting that 4th wave correction xD
I'm aware of SEC's lawsuit and everything but, 500b$ market cap (+-11$/xrp) doesn't sound crazy at this point with all the craziness we are living.
What I see crazy is the 5th wave target 93.5$/XRP or 4.25Trillion $ market cap at current circulating supply! but hey.... who knows! (maybe what certain scrow manager suggested becomes a reality and some 50bn XRP dissapear! or maybe thhey deem XRP as a security in the USA and this goes to nothing)
I repeat, this is just for fun and the intention of evaluating crazy targets (and possible rythm with the past!)
If some of this becomes true... enjoy, be responsible, and take profits! you've earned it!
If that was the case, and we are reliving the '17 pattern, look at what would be the target of the first wave, more or less 1.96! what is more amazing is... the correction of this wave should be.... 0.85!! (so far so good for this 2021 first wave!0.17-1.96-0.88)
If that doesn't rythm... well just take a look at the dates by yourself! first wave on March followed by april correction (simple) third wave on May followed by jun/nov correction (complex) fifth wave december/january.
It's nice to look at the highs but the corrections ar enormous! -57% and -44% respectively to second and fourth waves...
I'm a long time holder and I'm used to it but hey... if I see that 11.3 by June... you guys know who will be getting that 4th wave correction xD
I'm aware of SEC's lawsuit and everything but, 500b$ market cap (+-11$/xrp) doesn't sound crazy at this point with all the craziness we are living.
What I see crazy is the 5th wave target 93.5$/XRP or 4.25Trillion $ market cap at current circulating supply! but hey.... who knows! (maybe what certain scrow manager suggested becomes a reality and some 50bn XRP dissapear! or maybe thhey deem XRP as a security in the USA and this goes to nothing)
I repeat, this is just for fun and the intention of evaluating crazy targets (and possible rythm with the past!)
If some of this becomes true... enjoy, be responsible, and take profits! you've earned it!