Wasn't entirely sure of the diamond pattern in the previous chart that I produced after spotting it the other day. Although I believe now that we have the confirmation of its breakdown after the selling signal structure of the pattern.
Seems to me Xrp will retest it's bottom support trendline upwards again 👍 More accumulation for us Tradeview whales 🐋 😀
Reasonable target for XRP, based on a double cycle theory.
- First cycle top, end of Wave 3, based on 4 years repetitive cycle following BTC halvening cycles : November 2021, XRP at around 8-9$, 400 billions $ market cap.
- Wave 4 : correction 65%, XRP back to 3$.
- Second cycle top: Wave 5, lengthening cycle, end of 2022, XRP at around 24$, 1,2 Trillions $ market...
Hello everyone, as we all know the market action discounts everything :)
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The XRP price has jumped in the last few days more than 65.43% where we see the price moving from the 0.81479 range to the 1.34375, And the market is showing a lot of...
This bars pattern pasted is of course very speculative and based on the previous bull run
Assuming the same rate of growth within a bull market this Fib channel may hold
A minor trend has developed within the recent bull move in which I have sketched a parallel channel upward
I hodl XRP
Will XRP moon?
In this chart i explain the market cycle of XRP and what whill happen in one way or another in the future.
XRP hodler? be prepared guys! a lot of money can be mader or lost.
Let me know what you think!
