(1-3 Month Projection) Seriously, the price won't stop booming and breaking every method of measuring where it's going to stop. So for now, I'm just going to pretend we're already in the new paradigm and that we don't have a warm up trend before a full blown run. I also want to make clear, The 'beginning' of the previous cycle was also continuation of it's April run-up, not pictured.
(3-6 Month Projection) the purple projected movement will likely only be valid into July, where I'm expecting sideways consolidation through the year's end, before we see bulls return. Thus the peak of my purple ascending wedge is only a short term potential range, not my projected 'apex' for this bull run.
(9+ Month Projection) By the start of 2020 I'm expecting XRP's compounding utility volume to finally outstrip all downward pressures and the price to begin it's final parabolic run up. Unlike previous 'parabolic' run-ups however, XRP is almost certain to enter an S curve. At this point volatility will shrink away and we will finally have our answer on what XRP's true value really is. This parabolic run up will likely take anywhere from 2-5 years to play out. If I'm right and this trend begins unfolding by the end of 2019/beginning of 2020 we should be able to determine XRP's 'true value' by 2025 within a 10% range of error.
#XRPTheStandard #HODLRoleModel
(3-6 Month Projection) the purple projected movement will likely only be valid into July, where I'm expecting sideways consolidation through the year's end, before we see bulls return. Thus the peak of my purple ascending wedge is only a short term potential range, not my projected 'apex' for this bull run.
(9+ Month Projection) By the start of 2020 I'm expecting XRP's compounding utility volume to finally outstrip all downward pressures and the price to begin it's final parabolic run up. Unlike previous 'parabolic' run-ups however, XRP is almost certain to enter an S curve. At this point volatility will shrink away and we will finally have our answer on what XRP's true value really is. This parabolic run up will likely take anywhere from 2-5 years to play out. If I'm right and this trend begins unfolding by the end of 2019/beginning of 2020 we should be able to determine XRP's 'true value' by 2025 within a 10% range of error.
#XRPTheStandard #HODLRoleModel