XRP is showing signs of a massive bull run.
XRP is showing a massive elliot wave formation as it in in 2017.
XRP is at:
The bottom of the C leg
2 Macro Elliot wave show a wave 3 formation.
Will it bust out of the triangle into a parabolic push up as it did in 2017?
XRP bottom may be in and a retrace is inbound for the interim.
A double bottom hits in 2023.
WILL this be the ALTCOIN season everyone is looking for?
Or will XRP just launch in July/Aug 2022 timeframe during the retrace?
- Crypto Cycle has changed from 4years, to 7, meaning 2022 should extend into 24/25. check my previous chart for the absurb amount of...
XRP BEAR Pennant is forming looking to go to the downside ($0.21).
XRP will need to retest the Double Bottom before breaking resistance.
(*SPECULATION!):
BTC is showing signs of decoupling from the BTC:NASDAQ Correlation and ALTCOIN may be in around AUGUST 2022
IMHO, 2023 looks to fit the narrative.
CRYPTO will hit the bear market, namely BTC. But...
XRP Seems to be following a pattern.
Both are showing a 65% DIP before the break in support.
The 17/18 bullrun shows XRP going parabolic after the RETEST.
What i cannot decide is where the white arrows are pointing.
THE BOTTOM IS IN!
XRP looks like a week of trading sideways before squeezing out of the wedge. Bullish XRP sentiments, but $1 seems to be a little resistance, maybe some trading (short) days ahead.
XRP will need to hit the bottom of Wave 5 ($0.27-$0.21) before touching the 0.702FIB ($0.85).
There will be a 'SHORT/0.702FIB' ($0.46) Rally coming up, and we will see you at the bottom of Wave 5 for some MASSIVE discounts!
From there, MOOOOOON to the 0.702FIB ($0.85) and retest the new '!Speculated Trend Line' @ $0.53 as it did in Jan'16...
SPECULATION:
XRP Already broke out of the Macro Trend like it did in 2017.
- SEC case cause XRP to go to $27
- retrace to $10
- Exchanges relist XRP for Wave 5
- $200 - 95% retrace = $10 XRP
Do you think the XRP will have a solo bullrun?
John Deaton: "We will not get regulatory clarity before the first quarter of 2025. Best case scenario is likely the summer of 2025. This is a fact - not an opinion. "
twitter.com
IMO:
FOX News can be "PER$$$$UA$IVE" to a "ATTORNEY$" (e$$$$$pecially when it pertain$ to both intere$t$) to compile a narrative.
Bottom line, screw the narrative/fundies, remember the...
The 2016 XRP Draw Down was 89%. Will history repeat in 2023?
I compared the TOTAL3 (altcoins) 2018 Fractal and nearly nailed out the full 89% Draw Down ALTCOIN market.
There might be a small pump before the HUGE dump to the full 89% Draw Down.
Altcoin Rally:
- Potentially Ripple SEC news comes out?
- FedNOW (SkyNET) Goes online Mar 2023 and everything crashes...
Has XRP already broken out of the massive bull pennant?
XRP HAS NOT hit the 90% Wick Down as of yet, and much of the market is anticipating i the last C leg pushing the knife to $0.16 then bounce out.
*#XRP has hit the 95% & 85% Draw down and waiting for a nasty 90% Wick Down from the 85%.
All signs are extremely bullish minus the $0.16 retest scenario about...
XRP follows the pitchfork trend, a wave 2 measured move from 2022 (2015 is an example), slightyly above the top of the pitchfork trend line, MIGHT, show WHEN XRP will hit $273, Winter 2023, based on Macro Elliot Wave Theory.
Lets see if this narrative pans out.
FACT:
- 2014 XRP 3.618FIB Circle hit the $3.25 18 ATH
- 4 year cycle (ATH2ATH)
SPECUALTION:
- 2018 ATH meets the 3.168FIB circle =$273
- 6 year cycle (ATH2ATH)
- XRP will have a SOLO BULLRUN like it did in 14/15 against BTC.
This will be interesting to watch.
Orange EW:
Wave 3 broke out of the trend and is currently forming.
Wave 5 will more than likely hit the trend line @ $0.41 also meeting the 200MA.
An ABC correction will more than likely happen.
IF not, XRP Breaks the trend, we are potentially on the Blue & Green MACRO EW.
March/April will become very interesing when XRP gets closer to the end of the...
XRP is getting closer to breaking out of the triangle more than likely based on the Ripple/SEC lawsuit.
Once it does, XRP might knock the ceiling of the triangle, and shoot straight to the 0.702FIB ($0.87), and retest the 0.236FIB ($0.41).
160% Gains from here.
GREAT Trading opporunities are coming up.
SHORT:
0.702FIB: $0.72
0.786FIB: $0.78 - Catch this knife!
SUPPORT: $0.28
Were looking @ about a month for a 0.702 retrace from the previous crash which will total up to 150% gains.
*XRP loves the 0.702 FIB and and the 0.786 if were lucky.
Im anticipating a DOUBLE BOTTOM in a month, so have some cash on the side for the PUSH!
Potential BULL market if XRP can...
XRP Seems to be in a BULLISH Triangle on the /MO.
Decision time: Sept 2022
The Bottom is in.
The fractal overlay is a good reminder where XRP is headed. Unless ALCOIN season is cancelled... LOL
$1.50 & $3.00 will be great trading (good news) opportunities.
DONT CHECK PORTFOLIO... grab a 6 pack and a fishing pole and get lost for a week.
GOOD LUCK ALL. STAY BULLISH!
Pulled the #XRP 2018 pre moonshot fractal overlay.
Will June 2022 be the double bounce $0.55 XRP needs for the moon shot?
This fractal will be interesting to watch.
