New targets are:
+180% to $5.80 by Jan-6th
-61% retracement to $4.00-4.25 (new buy zone or HODL)
+289% to $9.90 by Jan-13th
Stop loss at $1.75
Next target $5.20 by Jan-6th. We've already touched the 61% fib retracement, time for more upward movement.
I don't know if we'll go much over $9 at this point, especially without some major announcements from Coinbase, Uber and Amazon as rumored. But if we do, the FOMO may be strong and may push us up to $14-15 per XRP.
I've created arcs in this one, showing our drop during the 61% fib retracement, before we move upward again. This type of drawing may prove to be slightly more accurate than straight arrows to my targets.
Coinbase can say all day long they aren't going to accept it. But it's not true until they actually release it publicly. Buy on the rumor, sell on the news. ;-)
Aside from coinbase, there are other rumors, including Uber, Amazon, $3 Trillion coming from India institutions (banks), Japan acceptance (another $1 Trillion), etc.
In reality, things didn't change much, they are just calculated differently now.
i will explain... XRP need to have around 470.000.000.000 capital (double more then BTC at the moment ) to be 10$ per one XRP.
And all this in few week plan? I don’t thing so, XRP is pumped at the moment thanks by all new beginners. Who are trying to get rich fast, and they think Ripple can go 20.000$ in future.
But at the moment i`m pretty sure that when "some people" decide to sell their XRP all this people (mostly beginners) will lose their money.
I don't trust Ripple because company and is a centralized real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples).
They decide what will be with XRP, you can`t mine , if they want they can produce XRP more and more. Ripple Is company, BITCOIN is not company that`s why is so more interesting ; ). No body controls him