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MAJOR XRP BREAKOUT TO OCCUR IN 2019 - CryptoManiac101

POLONIEX:XRPUSD   XRP / U.S. Dollar
XRP / USD TA

This is a very interesting TA if you take few minutes to actually analyze it and determine some very similar movements/fractals from last time we were riding on trend line to today. As of today we are sitting on a 790+ Day Support in a form of a Trend Line . Last time we had similar trend line , it took just around 944 days before we saw an immense breakout occur. If we were to repeat same exact pattern, we would be looking at December of 2019 for similar breakout but this time we will be going over $50 with possible short term pit stop at $5 - $15

Please do understand that if we put away fractals, we can expect a breakout anytime from now on and since price is being artificially controlled at this time, there's no telling when exactly the wall between institutional side and retail side break.

I’m also keen on pointing out that back from 2014 towards early 2017 we’ve observed similar pattern where we had an exceptionally long support line and accumulation followed by over 80,000% uptrend from support line.

Finally in order to visualize it a bit better and understand the need for higher value per XRP, think about it this way…

Price per XRP as of time that I’m making this chart is $0.40

In order for a financial institution to transact $1,000,000 today, it would need to free up and have 2,500,000 XRP available just for that one transaction

At $1/XRP that same institution would need 1,000,000 XRP

At $10/XRP that same institution would need 100,000 XRP

At $100/XRP that same institution would need 10,000 XRP

At $1000/XRP that same institution would need 1,000 XRP

And that’s just the payments side we’re talking about, if you’d knew what was on the horizon, you’d be truly shocked and pleasantly surprised!
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Comment: BTC / USD TA FRACTLAS

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Comments

Who keeps upvoting this? Just look at his past ideas. The success rate is 0%.
+17 Reply
tammy007 Hungaroplan
@Hungaroplan, people who are still stuck in glory days and thinks markets repeats itself again and again until infinity
+4 Reply
jether tammy007
@tammy007, That's obviously how markets work. Everyone knows that.

After XRP hits $65 you still have time to get on the train from the next stop of $13000 per XRP in 944 days.
Reply
tammy007 jether
@jether, lol....this world is full of jerks...i have no doubt about it now
Reply
If it goes to $50 I’ll eat my shoe.
+10 Reply
Larrycrypto Professor-Hulk
@Professor-Hulk, $5 seems a distant dream at the moment.
+2 Reply
kardia Larrycrypto
@Larrycrypto, when banks and large financial institutions start using it, things will change FAST for XRP hodlers. Your statement, "$5 seems a distant dream," will likely be coming from XRP haters who didn't jump on board when they had the chance.
Reply
@kardia, you're assuming large financial institutions will start using XRP over any other options.
Reply
kardia Professor-Hulk
@Professor-Hulk, do you think we should try to reinvent the wheel? XRP is a superior product for what it does. Have you ever tried using it? It would be wasteful for banks to try to create something different. They will eventually cave. You will see.
Reply
kardia Professor-Hulk
@Professor-Hulk, fiat is on its way out.
Reply
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