589
$589 Dreamboy Scenario :)Just having some fun, looking at what ifs. Looking at log chart, as I know some folks use it. Fib channel indicates a pretty interesting scenario in in XRP's history from previous cycle's breakout to ATH - Seems to play nice with those levels of support/resistance. Adding in a major cup and handle to potentially lead into an Elliot Wave would be, as Mitch Ray would say, "The Jesus". Lives would be changed.... Hell, the world would change - or have already been changed?
Who knows........ What if? :)
P.S
I am not a Financial Advisor. This is not Financial Advice. I am literally doing this for fun.
✅XRP, the Time has Come✅Pay attention to the current position of the price relative to the trend line. You can trade based on this and also on the zones that you have marked on the chart. In the coming weeks, we are waiting for the appearance of news that will significantly affect the mass opinion about the cryptocurrency and, as a result, its prices, but this applies more to the icebreaker.
✅XRPUSD Global chart. $ 589 will be soon?Global chart for the coin that interests everyone.
Since its first pump, XRP has been forming an ascending channel with fantastic goals that can make everyone rich.
Trade only the amount that you are willing to lose in case of failure.
Trading is a game of one against all.
The introduction of Central Bank digital currencies ( CBDC ) will be one of the defining transformations in the history of money. How the underlying technology is implemented and monetary policy is determined in the coming decade will determine whether government-backed digital assets open the door to greater global trade and financial inclusion, or maintain a fragmented, inefficient, and unfair status quo.
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XRP - The Big PictureXRP - The Big Picture from a Short Term Perspective
Huge downtrend fixed with numerous ascending channels played out like clockwork. In hindsight, its a perfect looking chart if you’ve been riding the waves.
Seeing as XRP is now starting to make a move (ahem, finally!) it’s clear to me that it’s going to hit HUGE, historical resistance at the $0.30 target. If you bought at the bottom of the channel closer to $0.11 you’d be up over 100% right now in only 8 weeks.
Plan A (Bullish) - XRP breaks out of the ascending channel and long term resistance trend line to the upside and makes a push to $0.50
Plan B (Bearish) - XRP gets rejected at the $0.30 level and will inevitably re-test the long term support and a previous low of $0.11
*not financial advice, just my opinions*
Where do you think XRP is going?
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X
[XRP] Doom then Bloom - To 0,13-0,14 then new 5 wave moon beginsNOT INVESTMENT ADVICE
Fibs + Fractals show the way.
First we go down to 0,13-0.14 (2017 consolidation lows) to shakeout the moonboys & fake fans
Then we Pump to 0,40-0,68 in WAVE 1
Retrace to test long term broken trendline in WAVE 2
Pump to $6-7 in WAVE 3.
Retrace to current ATH around $3 in WAVE 4
Moon rocket to $45-55 in WAVE 5
All speculation but based on fibs + fractals from Oct16-Mar17
Oh and if you don't like the fake fib 5.89 you have no humor, lighten up, doomer.
NOT INVESTMENT ADVICE
The Elliott road to $ 589We left the green and remain in violet territory.
If we are in final major correction wave C (orange) the next bottom is around $ 0.16 (+/- $ 0.05), which will be reached around march to june 2019: see blue circle. As Bitcoins has its flaws it could possibly drag XRP down that far and beyond, as well.
The next major cycle can start afterwards which will likely be upwards regarding fundamental XRP data, see XRP Community . The violet wave gives an idea and is not meant as accurate, of course.
The green, yellow and red ellipses show the target range of $ 589 within the given channels. I suspect that even if XRP is able to assert itself, breaking through this mark, if at all, clearly tends towards the red ellipse.
Opinions?