XRP drop to $1.10 in Jan 2025 and pump to $3.35 in Apr 2025
1. Understand that the market makers (manipulators) will not easily allow you to be rich 😁. You have to beat them to understand their script and algorithms. So, $27 may not come that fast. Maybe not even in Q1'25
2. The big movers look at quarterly performance. To me we are not at a similar trend as 2017/2018 moves. But, worth comparing against it.
3. Now look at 2017, it was a 1000% move on the first 3M candle in Apr. Then the 2nd 3M candle had a 50% drop in July. Another pump came in Oct with a 800% move.
4. Now, if you simulate the same movements, in Oct'24 we had a 261% move. If there is a 50% drop, it will take XRP to $1.10 in Jan'25. Then another conservative pump of 200% in Apr'25 will take XRP to $3.35. Then a 77% move down similar as 2017 will take XRP to $0.74 in July 2025.
However, note that our first pump in Oct'24 did not even touched an overbought RSI of 96, it only touched 75. This is why I feel we cannot look past trend, something new is going to happen and XRP has more to come.
Not financial advice - but hang in there 😉
2. The big movers look at quarterly performance. To me we are not at a similar trend as 2017/2018 moves. But, worth comparing against it.
3. Now look at 2017, it was a 1000% move on the first 3M candle in Apr. Then the 2nd 3M candle had a 50% drop in July. Another pump came in Oct with a 800% move.
4. Now, if you simulate the same movements, in Oct'24 we had a 261% move. If there is a 50% drop, it will take XRP to $1.10 in Jan'25. Then another conservative pump of 200% in Apr'25 will take XRP to $3.35. Then a 77% move down similar as 2017 will take XRP to $0.74 in July 2025.
However, note that our first pump in Oct'24 did not even touched an overbought RSI of 96, it only touched 75. This is why I feel we cannot look past trend, something new is going to happen and XRP has more to come.
Not financial advice - but hang in there 😉
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