I have adjusted the fractal i had uploaded previously. As you can see, XRP has some more correction to do. After thats over, it will fly. Im ultra bullish on XRP long term. It will replace ETH MC soon and become the new king. Ripple is aiming at building a world reserve currency with XRP . Ripple has also patented ODL which would make XRP perfect to solve liquidity issues faced by world banking systems during crisis caused by Black swan events. Polysign, codius, etc from Ripple are all aiming at bright future for XRP. XRP can fly without further correction in case the SEC case is settled. Signs for settlements are there already.
June/July should really interesting imo. Surprisingly, Flare networks go live during that period too. Flare Networks will allow smart contracts on XRP which somewhat would make ETH obsolete in years to come. The future of Finance will be built on ISO20022 standard (research it) and XRP plays an important part in it.
last but not least, XRP is highly efficient token. Its FAST, CHEAP AND GREEN. We are entering New Age where sustainability will be valued. XRP aiming for net carbon negative would make it a perfect choice for being chosen as the bridge asset. Ripple Team is already in talks with many banks and has partnered with few already. This increases confidence in project. The day is near when all announcements will come one by one. By the time they start, train would have left. SO DO NOT MISS XRP @ 0.1-0.4 if opportunity presents itself. Thats the last time Bear will smile. since once XRP starts its run, it wont stop. Faces will melt for sure.
There is definitely uncertainty in the near short term for XRP. But long term, it will give great returns to those who HODL.
P.S: NFA, DYOR. Invest wisely. TC
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Its working like magic. I dont intend to post more updates on fractals since the 1st one was by mistake anyway(It was supposed to be for private ) but anyway i still did follow ups. XRP and for matter of fact the whole crypto market and Stock market are not at good space rn. The scam of tether and the macro factors are all warning signs for "Black swan event" or major correction. If i were to bet, id say that thing happens this year. The main catalyst for Black swan scenario can be literally anything from even cyberattacks to sudden devaluation of dollars or whatever.(cause doesnt matter. big players have already closed most of their positions. We got Soros entering the market(he profits from your miseries, just sayin hahaha) Can we still get a pump in short term? Yes. Exit pumps happen a lot of time to trap retail investors. But mid term, my bias would be towards downside unless Markets show strength and confirm bullish trend. But I dont think it will happen given BTC has already shown sign of it entering Bear market( it started when we made first LH. Also the picycle top signal came.) To reverse this and get bullish momentum back, it has to make new ath which would indicate Bull run is not over yet. (and rn, BTC influences alts heavily. it decides where the alts will go for now. the only thing that can help XRP decouple from BTC is the SEC lawsuit. It gets settled, we will have a liftoff)
How long will the bear market be? I believe it wont be like previous cycles(~3- yrs). it will be a short one for utility tokens like XRP. Anyway 99% of cryptos have no real use case so they will either vanish if and when regulations hit. or *can* be in a prolonged bear market or both. idc abt them TBH. What matters is Utility and Use case. Manipulation by whales like exchanges and whale groups and even insider trading has made this market unsustainable.(yes, a good trader can smell the moves from Big players while its happening and profit from it, but SEC will take measures to prevent this from happening) This will end and utility wont be suppressed. I am a HODLER (and idm hodling since i have entered XRp and other tokens very early on and they are my long term plays) and dont have any short term positions As of today. Will be waiting for reversal or crash to enter positions and DCA for long term plays I have given short term mid term and long term views so dont get confused. TC
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DCA levels are almost here. Those who patiently waited will be rewarded. Destruction(nuke) before Creation(pump) has been the law of nature. ngl, too much fud already in the market with recent Russian vs US(i know i know its Ukraine but dont be naïve. its a proxy war for US. Probably because they want to sell gas to EU and not let Russia sell or simply wanna challenge /bully Russia so us stay "dominant power". but US is just same as Mystery Babylon. its fall from grace is more likely but we wont talk about it for now. small bounce is always expected when markets are at key support but i doubt it will be sustainable. we will with high probability get better entry points for DCA'ing and adding to our hodl bags. Stay safe and TC folks. We are almost there
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I want to add to FUD scenario. We also have FED tapering and Int hike looming over our heads. If that wasnt enough, we got predictive programming for a cyberattack/blackout, ww3. Lets see if FEDs will turn the printer on again because war situation leaves them no choice or they will continue to control inflation by taking deflationary measures. the later will literally nuke all the markets which will crush retail investors. many may even become jobless. We also have that bs VAX mandates and the Pfizer data to be leaked soon. Chaos everywhere and civil war is very likely soon. "Order out of Chaos" is whats being done here. NWO . at cost of your freedom and privacy. stay strong brothers.
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