Can XRP do a BTC? Simple Idea
Diupdate
Hello everyone,
I am sure you have seen the lovely posts regarding XRP with respect its historical chart pattern...
These are lovely charts indeed, and they get you thinking that XRP very well may have a big move by year's end.
Personal opinion: I am leaning towards agreeing that XRP will have a decent move up in the year 2019. This is due to the fact that, as of now, XRP seems to be the best crypto asset as fair as large scale usage goes... I have read, but not seen any evidence for, the price being "manipulated." The only reason I may think this is so is, how has XRP had such a crappy year compared to all the others...? Something brewing..? I am sure there is more reason, but I didnt make this to write my !opinion! for you folks.
Point is:
(i) This chart is supposed to be 'in agreement with' the other XRP ideas that I eluded to above.
(ii) This chart idea gets us to the all time high perfectly by years end.
(iii) It is predicting a VERY similar rise to BTC's fantastic past few months.
Best part is, if this parabola is broken, the idea is done!
I want this chart to be a reference for the future if it doesnt break the parabola in the coming days/weeks.
We shall see!
**MOST IMPORTANTLY**
Please give helpful comments below, along with discussion and opinions on XRP and the crypto space.
Let's discuss questions such as:
(i) Global adoption of XRP? Is it even possible?
(ii) Should anyone in the US be worried that the Gov't will try and interfere with the crypto space? I say this because I recently saw Congress's letter to Facebook urging them to stop Libra because it is "a threat" to how the global financial system works... They must think crypto is too.... Duh, but should we be worried?
Thank you all! :) Take care,
I am sure you have seen the lovely posts regarding XRP with respect its historical chart pattern...
These are lovely charts indeed, and they get you thinking that XRP very well may have a big move by year's end.
Personal opinion: I am leaning towards agreeing that XRP will have a decent move up in the year 2019. This is due to the fact that, as of now, XRP seems to be the best crypto asset as fair as large scale usage goes... I have read, but not seen any evidence for, the price being "manipulated." The only reason I may think this is so is, how has XRP had such a crappy year compared to all the others...? Something brewing..? I am sure there is more reason, but I didnt make this to write my !opinion! for you folks.
Point is:
(i) This chart is supposed to be 'in agreement with' the other XRP ideas that I eluded to above.
(ii) This chart idea gets us to the all time high perfectly by years end.
(iii) It is predicting a VERY similar rise to BTC's fantastic past few months.
Best part is, if this parabola is broken, the idea is done!
I want this chart to be a reference for the future if it doesnt break the parabola in the coming days/weeks.
We shall see!
**MOST IMPORTANTLY**
Please give helpful comments below, along with discussion and opinions on XRP and the crypto space.
Let's discuss questions such as:
(i) Global adoption of XRP? Is it even possible?
(ii) Should anyone in the US be worried that the Gov't will try and interfere with the crypto space? I say this because I recently saw Congress's letter to Facebook urging them to stop Libra because it is "a threat" to how the global financial system works... They must think crypto is too.... Duh, but should we be worried?
Thank you all! :) Take care,
Catatan
Perhaps the best example of these other charts I mentioned is attached below. Thank you, CryptoManiac101 Note: The difference between our ideas is that, with the chart pattern he outlines, XRP's move up will be massive-- in a short period of time-- aka not much movement in XRP till the later part of the year whereas my "idea" has it growing consistently (parabolic growth) until years end (or beyond). Point is, I do not support either of our ideas religiously, I just saw this one and thought to put it out there as well because I am bullish on XRP! Best,
Catatan
Candle close above my parabolic line, please! Otherwise I will revisit. Note: On long term charts, XRP does look like it has potential to go to 0.3-0.35 levels (very briefly though)...Order dibatalkan
Catatan
If XRP goes below 0.29$, at this time, or any time in the future, it will be a bloodbath... Your thoughts?
Catatan
Since this idea is looking bad-- I will use the post to make more comments: XRP is in big trouble IF AND ONLY IF it falls below the upper twenties....
We can (nervously) feel safe if XRP stays above (and gets a good bounce from) those levels if it goes there. Chartwise, it is still healthy if XRP revisits there.
Sorry the "Simple Idea" was wrong ;(
Catatan
We broke STRAIGHT through the support at 0.378. Where were the bulls...? Perhaps looking for the levels I mentioned above..?
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