Can XRP reach $35+
The top chart shows XRP market cap whereas the bottom chart shows XRP/USDT.
According to the trend analysis of XRP market cap, its highly likely that the peak will be somewhere around $1.3 TRILLION if flippening happens (overtaking BTC as the biggest crypto by market cap at the peak of the cycle).
Last flippening happened during 1st Jan 2018 when XRP became Rank 1 by market cap.
$35 derived from the percentage gain of the market cap sounds hypothetical because billions of XRPs are being released from escrow account to increase the supply, which is controlled by consensus.
In such scenarios the best possible thing to do is to observe the market cap.
Once market cap reaches $1.3 Trillion or 1.618 blue line of the fib channel, you can exit.
These are just my views on XRP token.
In the above statements, the term "market cap" refers to XRP market cap only.
Do your own due diligence before taking any action.
What is your target on XRP?
Do share your views as well.
Peace!!
According to the trend analysis of XRP market cap, its highly likely that the peak will be somewhere around $1.3 TRILLION if flippening happens (overtaking BTC as the biggest crypto by market cap at the peak of the cycle).
Last flippening happened during 1st Jan 2018 when XRP became Rank 1 by market cap.
$35 derived from the percentage gain of the market cap sounds hypothetical because billions of XRPs are being released from escrow account to increase the supply, which is controlled by consensus.
In such scenarios the best possible thing to do is to observe the market cap.
Once market cap reaches $1.3 Trillion or 1.618 blue line of the fib channel, you can exit.
These are just my views on XRP token.
In the above statements, the term "market cap" refers to XRP market cap only.
Do your own due diligence before taking any action.
What is your target on XRP?
Do share your views as well.
Peace!!
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