Started comparing hbar today to Ethereum in the previous bull run. The resemblance is unreal. Price action has been following perfectly, even the dates line up extremely closely. If we continue on this path I have marked a potential target. Note that this is very speculative but I though it was very interesting and worth sharing. DYOR. HBAR, like Ethereum in...
Expecting the completion of local wave five to take place around $0.19 at fib extension before major correction to bring us down around $0.10 dollars. Looking to add to my holdings in this area as longer term wave 5 will be taking us much higher. I'm expecting one more rally higher before this correction which will likely happen if btc turns bearish.
HBAR is looking primed for a beautiful pump. Target between 17-23 cents short term.
I am keeping an eye out for a potential reversal and further correction near the 0.702 fib retracement level. Only if price clears above the 0.786 level would I see a continuation of the uptrend. A symmetrical correction in this area would bring the price right down to the .305 monthly support level. I see this as a likely scenario if price pumps to these levels.
I believe this is a possible scenario for XRP. An ABC correction occurred back around the time of the lawsuit followed by a 5 wave impulse ending recently at the 70 cent level. I now believe we are either in an XABCD or ABCD pattern, with possible areas identified using Fibonacci levels. If the chart continues to follow the pattern I have identified I would expect...