With the initiation of mass market adoption, these time frames, in my opinion could only be reduced and "front ran" by smart money and big players so, this is only speculation on IF the market cycles are similar and IF XRP continues to follow the major market cycle moves of BTC. I believe BTC will make at attempt at 20k before the end of November. When it does, XRP will rocket to around $20 and then settle in the $6-$13 range while BTC enters a new range of "price discovery" after truly breaking it's old all time high of 20k. Once BTC shows a clear top on it's new area of price discovery, XRP will then make a similar move that it did at the end of 2017 and top out around $150 per XRP in the new digital economy! I truly believe that these next two moves in XRP are the greatest opportunity due to technicals and fundamentals. Miss and you miss a once in a lifetime opportunity.
Dates to Watch:
November 2019 -- Beginning of Next major impulse. Will first retest old ATH of $3.25 and then move to...
January 2020 -- $20 new high and then sell off and range between $6-13 while BTC enters new price discovery range.
August 2020 -- $150 XRP.
I have watched the charts for several months now and studied several market indicators and dynamics. This chart is based solely on previous history and only takes into account the moves of a purely speculative market mentality. We are entering the "utility" phase of this market when, in speculation, should only move the market faster and surprise everyone with the time. Keep in mind, most major BTC market prognosticators thought that BTC would have a much longer accumulation phase similar to 2015/2016 but it shocked everyone. Food for thought. I'm long and will remain long until $20 and then re-enter at a low below $10 and then ride this hot momma up to $150. Done.
This certainly falls in line with the long term projections that many folks refuse to accept. It is likely we wait at least a year to see the significant price action and the target dates you represent more in line from a realistic point of view.
xrpanalist
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I'm open to counter points and thoughts. CidVicious and I had a profitable discussion online looking at the different scenarios. He is of the opinion that the timing is a little bit farther out before the next major market move. I'm not so sure at this point based on how BTC came a lot faster out of the bear accumulation range from 3-6k. This violates the length of time that it should have taken as compared to 2015/16 bear market. Should be interesting to see how the next few months shape up.
Tokhanyc
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I can’t believe it anymore)))
Silvertip
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You've got a lot of confidence. I'll give you that.
xrpanalist
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@Silvertip, yep, the same confidence I have in silver. Bought silver as well when everyone was pissing on it at $14. I’m sitting pretty now. Looking to take some profits soon and hold the rest. Don’t give up on XRP. It will moon.