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P_S_trade
Jun 30, 2023 9:42 AM

Ripple XRP price hints at growth that is hard to believe Long

Ripple / Tether USWhiteBIT

Description

Will the XRPUSDT price surprise us in the near future?
Such thoughts began to spin in my head while watching the "heavy" and long-forgotten BCH being pumped.
At the moment, all the prerequisites for the XRP price to start growing, organizing a way out of the classic consolidation, are visible on the chart. The only thing missing is the initial "magical kick" from big money to set the movement vector.

According to our calculations, the targets for the possible growth of the XRPUSD price are $0.75 and even $0.95, which is already x2 from the current price, which is an unprecedented luxury since 2021)

We can also think about the "conspiracy theory":) It seems that now there is a "certain capital" allocated, which will be used to pump and "inflate" the liquidity of old and reliable altcoins, before they are announced to be listed on a new exchange "EDX Markets" for "big money trillion-dollar funds"

Since the capitalization of XRP is 5 times higher than, for example, BCH, the price pamp of XRP will be proportionally lower than that of BCH.
That is, conditionally! In recent weeks, $100 million has been spent on accelerating the price of BCH - a result of +200% to the price of BCHUSDT. If the same conditional $100 million is spent on accelerating the price of the "5 times heavier" XRP, the result of +40% will already be a good result!

Do you think that everything is just beginning, and bright times are ahead for the crypto market?

_____________________
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Trade active

Target1 $0,75 - reached

Comment

A miracle happened and once in a few years, Ripple finally won at least some court)
The court recognized that XRP is not a security.
The result is shown on the chart, the price is heading towards target #2 - $0.95

Trade closed: target reached

Miracle - Target2 $0,95 - reached. XRPUSDT shows x2 rise per hours
Comments
Mihai_Iacob
Interesting explanation, I support you and agree with your idea)
CryptoHolix
wave E the largest move??
ok then, sure
only way out of a bear flag is with a bear trap
SpartaBTC
@Kamuzzi,
I noticed that a long time ago, too. Important point.
melikatrader94
Interesting insight
P_S_trade
@melikatrader94, 👍👌
Y05H1
@P_S_trade, yeah same question I thought wave E is the shortest. Why is your wave E the longest?
ArmanShabanTrading
Thank you for sharing
P_S_trade
@ArmanShabanTrading, you are welcome
basictradingtv
awesome!
P_S_trade
@basictradingtv, 👍👌
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