Long

XRP +289% target $9.90 by Jan-13-2018

Updated

My prior 325% call came through as expected.

New targets are:
+180% to $5.80 by Jan-6th
-61% retracement to $4.00-4.25 (new buy zone or HODL)
+289% to $9.90 by Jan-13th
Stop loss at $1.75

Note

My targets moved a little bit (carried over from my previous XRP chart), see below. I've not adjusted my Jan-13th target yet.

Next target $5.20 by Jan-6th. We've already touched the 61% fib retracement, time for more upward movement.

Note

New Targets. Red down arrow notes when we break above $9.00, there may be a major sell off, pushing us down another fib retracement level below 61%. If it's a normal wave, we may see $14.25 as the next target due to a shift from BTC to XRP (market cap shift).

I don't know if we'll go much over $9 at this point, especially without some major announcements from Coinbase, Uber and Amazon as rumored. But if we do, the FOMO may be strong and may push us up to $14-15 per XRP.

I've created arcs in this one, showing our drop during the 61% fib retracement, before we move upward again. This type of drawing may prove to be slightly more accurate than straight arrows to my targets.

Note

Here, in case you were wondering.. we are still in consolidation mode and we're barely touching on the 61% fib retracement line. I've changed my straight arrow to a curve, so you can see what is expected to happen.

Coinbase can say all day long they aren't going to accept it. But it's not true until they actually release it publicly. Buy on the rumor, sell on the news. ;-)

Aside from coinbase, there are other rumors, including Uber, Amazon, $3 Trillion coming from India institutions (banks), Japan acceptance (another $1 Trillion), etc.

Note

I completely do NOT believe in this one, but it's what the chart tells me on the 1D. There is no coordination with the 1D ichimoku or I might consider it closer to valid.

Note

Please do your research to understand the market. Here is some news related to Ripple. I know a lot of people are concerned, but this is because CMC took Korean exchanges out of the global average calculation for XRP values, thus causing the price to fall dramatically and then people started panic selling.

In reality, things didn't change much, they are just calculated differently now.

thenextweb.com/hardfork/2018/01/08/ripple-market-price-korean-exchange/

reddit.com/r/CryptoCurrency/comments/7oxivj/cmc_just_tumbled_the_whole_market_with_one_move/

Note

It's been a rough couple weeks in crypto. Targets adjusted. New Pitchfork.

Note

And if we were to take on a similar volume as the last 35 days..

Tin.Foil

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