As expected, this month has been exciting with regards to XRP. A lot of my analysis has pointed to Nov 26th as an important date. Look to another large break to the upside in the coming week (with a potential retrace to the 0.26 mark before the violent move northwards)
BTC looks to have a relatively flat next few months while it bumps up against its all-time high mark. Ideally XRP soars during this time to $13. Then expect BTC to go on an all-time bull run for the remainder of the year. Again, XRP will eventually follow suit to around the $100 mark. Huge next year ahead!
Breaking out of the triangle... Sign of big things to come?
We are currently in a situation that closely resembles the pattern that occurred during July. If so, expect dramatic price increases in the coming week. Hold on to your butts!
Setting records today! $6.8 TRILLION! 1300% gains And they said it couldn't be done...
We are rapidly closing the gap from so long ago. Full steam ahead once we do. Expect BTC profits rotated into XRP as previously discussed. XRP will be making huge moves in the next 30 days.
Update with the potential of an XRP breakout Nov 14-15th to a range from 0.285 increasing into the 0.68 range. Hopefully this is the first step towards a $2.50 target, then to a $13 target, then to a $100 target ;) Heck, I'll even through out that $10,000 target...
If BTC can manage into the $16,300 range today and XRP manages to break 0.2675 today (its all-time high trendline) we may have a rocket ship on our hands. At the beginning of 2017 the all-time high trendline was taken out in a movement very similar to hat we are currently observing. XRP went up over 816% in the next 11 days... See what that looks like? Wow...
Expect a final rally in BTC to $16,200-$16,500 with a drop of XRP to 0.24-0.247. This will push this XRP/BTC into the target range. Then expect massive turn around in XRP and expect BTC to fall to $11-12k range.
XRP should hit $1.82 in the beginning of December (I still feel it’ll be closer to wicking up to the $2.50 range) probably related to Spark air-drop frenzy. And next summer should see a $13 mark. Guaranteed* *this is in no way a guarantee, give or take thirteen dollars
XRP cycles along a 260 day frequency. Next cycle hits on Nov 10th... Potential for nice movement in the next couple of days.
Expect to see a drop to around 50% Bitcoin dominance leading into the Spring of 2021. Major moves expected upwards with XRP during that dominance retracing. i.e. buy XRP now...
About to crush through the high Trendline. Ideally ready to set new highs from the Summer. Things are about to get crazy.
Keep an eye on this chart, a drop into the levels previously experienced in 2017 may lead to big XRP price movement. Time frame should be by end of day today until Nov 9th. Huge moves next week!
What the heck happened on Halloween? A 50% increase in total crypto market cap? Was this a test run to see how much liquidity the market can handle? Is this a prelude to a crazy end to an already crazy year?
The 0.0000140-0.0000160 level was a key level before XRP took over and began to explode. We are almost there. Expect a violent upward movement of BTC followed by a swift retracement. XRP then can begin its own upward movement towards $2.50 as discussed previously.