Please see XRP Forecast.
In this Chart I show the current 12:1 R:R trade Stop loss @ 0.83 TP $3.8-$4.5 due before end of Q1 2022 latest.
I also show the fibonacci from 2017/18 Bull run peak to March 2020 Bear low.
I believe the correct perspective to really view crypto is using the logarithmic charts, this is due to crypto's price being related to network affects.
Due to this we should use Logarithmic fibonacci to accurately predict future price action.
In this chart the 1.618 Fib is $27 and that is a solid top for this bullpen before a major correction.
There are also arguments that we can go between the 2.14/72 that would lead to a 3 digit XRP.
Those kind of digits will require mass amounts of patients, there are different ways to play this game to your advantage, but one thing is for sure, this moment In crypto is exciting and feels like the calm before the storm.
So be careful out there surfers & enjoy the waves!
Ya BoI,
Will
In this Chart I show the current 12:1 R:R trade Stop loss @ 0.83 TP $3.8-$4.5 due before end of Q1 2022 latest.
I also show the fibonacci from 2017/18 Bull run peak to March 2020 Bear low.
I believe the correct perspective to really view crypto is using the logarithmic charts, this is due to crypto's price being related to network affects.
Due to this we should use Logarithmic fibonacci to accurately predict future price action.
In this chart the 1.618 Fib is $27 and that is a solid top for this bullpen before a major correction.
There are also arguments that we can go between the 2.14/72 that would lead to a 3 digit XRP.
Those kind of digits will require mass amounts of patients, there are different ways to play this game to your advantage, but one thing is for sure, this moment In crypto is exciting and feels like the calm before the storm.
So be careful out there surfers & enjoy the waves!
Ya BoI,
Will