Hello again! Just squeezing some lemons here seeing what I can get out of XRP in my spare time.
Use bars pattern tool and measure price in the 788 day periods and layer that price action over the other 788 day cycles you'll see price action is nearly identical only difference is price may be inverted here and there but it's pretty much the same old thing going on here pretty clear to see.
Anyways It appears we will have some sort of correction in October and then November we begin pumping. Good chance we finish the year around a $33 XRP.
EDIT: The two small vertical dotted lines in the blue zone are not showing their dates so I'll share them here. First one is (12/25/23 $33) & second one is (8/23/24 $268) and the high in November 2023 is $5.84
-NeverWishing
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I just noticed that final most resent 788 day line is incorrectly placed it needs to move ahead 5 weeks. On the weekly time frame that would be 9/6/21 that is where that line should begin. Adjusting this line would show a pump should occur 11/14/23. If I were asked, I'd say our pump window is 11/6/23 to 11/16/23 this is where we can see some dramatic movement happening. You can adjust the 788 day line to 802 and it lines up even better aswell
@mortezaemzajerdi, Anywhere between $48-$550 is very possible in 2024. We need to see a significant pump between Oct-Dec 2023 to know for sure but no doubt we will reach 3-4 digits eventually but for right now we need to wait and see how things play out this year. I'll post again when we begin pumping and update the timelines and how things will most likely play out. We could see a correction in October 2023 so look out for that if it corrects it will be in oct-nov and then we begin pumping this Dec 2023 and into Jan 2024 and we still have a good chance for 3 digits in 2024.
i think xrp will go to atleast 1000 this cycle. 33 is a bit modest
NeverWishing
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@usamanasir1985, I like your style! Yeah a full cycle could go to 1k by early or mid of 2025 I saw that & or 300-$500 aswell is even obtainable & not to far off into the future. XRP running rails for CBDC, Derivatives, Real estate ect no doubt 4 digits coming.
iamweo
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what makes u think fractals will work? 170 accumulation last bear market means the same will happen again?
even though i see a great opportunity in xrp, going to 4$ at least, but I don't get it how u guys believe that history will repeat itself
NeverWishing
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@Jamaican99, Hey Jamaican99, thanks for your comment. The reason I believe it will play out is because history repeats itself, and many people are not aware that the markets are booked by an algorithm. The algorithm plays out the same moves repeatedly, with only slight variations. The algo books price so much I believe "News is the excuse for the moves" News is simply used as an excuse to get price to where they need to get it. The market isn't as organic as its said to be when you see and learn to use it you will find its actually very beneficial and you can pretty much get ahead of the moves and the news and get into great trades. If you want to learn more about this topic, I suggest checking out my other articles. Consistency in trading is all about pattern recognition, My killzone indicator shows you how the algo works on US30 see how it reacts to the colored zones. check the comments for the indicator I've updated the times I use them. Apply them and take a look on 15min time frame. You'll see how things play out nearly the same every day. Now with XRP we need more time to see how its reacting so far it's looking good if its not reacting within the time period I've shown then we know the next window it will move in and I'll be sure to update. I don't mind being wrong I don't believe I am tho but if I am we will find another high probability outcome using past history to predict the future as much as I can in the hopes it will benefit my other tradings bro out in the markets. Wish you good luck in the markets brother!