Using the ascending channel that XRP has been respecting on resistance and support and also taking into consideration the Expanding Cycle Theory where each Bitcoin peak gets a little further out with time, maybe this could be a likely scenario for the XRP price. We are speculating of course and this may never happen or we could be wrong and XRP goes higher once Bitcoin goes over $1 million in price. I am also looking at the Bitcoin halving which happens in 2024 and giving this chart another two years post halving mark. I know that the Bitcoin halving may no longer play an effect as in previous halvings but if we do the same as this cycle why not for the next. If by any chance we respect top of this channel before end of 2022 we could be looking at a price over $300 and by end of 2027 the top of this channel is at a whopping $22k. I know, an impossible mountain to climb but mountain peaks are made to be conquered.
I know, call me crazy!
I know, call me crazy!