UnknownUnicorn1540828

XRPUSD target 1.05$ (more than 500% profit). Heres how !

Long
E wave is complete, then we can expect prices to breach out of the triangle and start impulsing upwards as shown by the blue waves.

XRP is very good profit opportunity ! 'Its impossible that XRP grow 500% in the futur', well i disagree !

XRP have seen his price jump from 0.03 to 0.40 in the previous impulsive elliot waves, thats a 13.33 times profit, so my 5 times profit is really achievable and conservative ! By this huge jump, a correction was need. Of course, the correction pattern is very extended but it is healthy after this huge huge gain. The corrective triangle is an ABCDE but with a compressive price factor (higher lows, lower highs)

XRP is special, it has a deflationary protocol which delete 20 XRP each time a deposit/withdrawal is made which make it a very very interesting long term investment because over time the total circulating supply will decrease. Lets add that XRP is already in talk with a lot of bank which XRP was created for. This overtime adoption make the present entry price very interesting.

Short term : 0.40
Mid term : 0.80
Long term : 1.05
Trade active:
Trade active:
right on the spot!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.