I was looking at Ripple since its the only large cap that hasnt made a new ATH while all other high caps are pumping. Looking at the chart I noticed something interesting. Ripple after every consolidation period it makes +1000% move. This can bee seen this year when it went from $0.005 to $0.07, and then after consolidating from $0.04 to $0.4. Right now if we break the resistance around $0.3 this could possibly go straight to $3 approximately. This would give ripple a market cap of over $100 billion at its peak. Many would say that would make it worth more than Ethereums current market cap of $60 billion at $600 a coin. But Ethereum still has a long way to go as well, with a target of $1500-$2000 per coin. A move for Ripple to $3 would place it back in the #3 spot for crypto like it has always been and with big news coming out this Friday Ripple about ripple possibly partnering with someone big, it looks in prime condition to pump. But looking at the current market, we can head for a major correction after new highs are made and maybe a 1-2 bear market considering all the new money that is entering the market from the masses who are entering crypto just for the gains.
XRP- rLBUBJ2GYgSyPfufuRwLoPRbdsDcjHbfby
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Clear break up from consolidation, now would be a good entry here at $0.34
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Looking like we might be headed to $0.35-0.4 area for a pullback. Good place to place your buy orders
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Looks like we didnt get a pullback, but it seems to be repeating a fractal here. Could go to $1 in couple of hours.
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This could be the final leg up before a large pull back
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Taking Some Profit here at $1.8
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Taking off most of the position here, last time XRP overtook Ethereum it didnt last long. Also it looks like a 3 drive pattern in on the 4 hour chart. Could lead to a big retrace
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This is a good lesson to stick with your plan. Had i stuck with the idea till the end would have made very nice profit.