So we all expected a repeat of 2017. Therefore, as we know coins, it probably won't do that. Coins often do what people don't expect.
So instead of a double pump as in 2017, XRPBTC could decide to slowly crawl upwards now in the course of the next months, until it would peak around the time that BTCUSD hits the top, in late 2021.
This would be another possibility. Because that latest pump is weird. It's not strong and aggressive enough to qualify for a big pump. But it went through the big resistance. So, it's doing something new as it appears.
Thus, we shouldn't exclude this possibility also.
Komentar
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XRP is doing a nice shakeout here. Falling back to support before the big pump :)
This pump can be caused by SPARK AirDrop. We will see what will happen after 12/12 :-)
SebastianofMoon
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@tomaroc, Yes indeed, it will get interesting after 12/12 :)
gigabyte3d
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:(
I prefer the double pump
SebastianofMoon
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@gigabyte3d, Mee too friend, me too! But unfortunately the coins don't care so much about our feelings, hehe XD
We should be prepared for either scenario :)
gigabyte3d
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@FlaviusTodorius67, Thanks friend. Please please can you do Monero/BTC pair on weekly frame?
SebastianofMoon
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@gigabyte3d, Hi, I will try :) I looked at Monero a few times, but it's really hard to identify historical patterns there, as Monero is not as old as LTC or XRP.
MrLongTerm
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Thanks!
What is your target and time frame?
SebastianofMoon
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@aviv8008, Hi, you're welcome :)
Well the target of XRPBTC I see at 0.0002-0.0003. With BTC having the top at 100-150k, that gives a quite likely XRPUSD price of 30 USD.
The timeframe I would estimate 3rd or 4th quarter 2021, hard to time it exactly, but sometime with or after the BTC top.
sessun
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@FlaviusTodorius67, Thank you! Do you think there will be a first top in the near term ? If so, what's your target and time frame please?
SebastianofMoon
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@sessun, Puh, that is a tough one :) The thing is: Coins don't do the same thing every time. Apparently now XRPBTC does a bit different things than last time, so we might just see one top in XRPBTC. But we cannot be sure.
We probably will find out in the next 2 months. If until there no XRPBTC rally happened, we probably will see only one giant top coinciding with the BTCUSD top.