Crazy xrp bullmarket top price if we are doing an exact fractal

8 Des 2024

I’m mainly just posting this private idea so it will let me post the image of it on my public xrp fractal chart I just posted. To summarize though, if we do follow an exact mirror and fractal of xrp’s 2016-2017 bull run move, then the top of it should be at the 2.618 fib level I have circled here at an unfathomably high level of $175. I’m not expecting these kind of crazy prices, I feel like I’m already likely expecting too high of a price by aiming for a $38 top target as is, and more broadly a target somewhere between $33-42. Even at that level I realize that could be a pep dream which is why I plan to already start taking some profit as low as $9 and then laddering out at slightly larger amounts of profit taking each significant milestone price we reach above that, gradually laddering out a little more than the previous rung of the ladder…so maybe a little more at $11, then a little more at $18, $23, $27, $31, $33 and then finally if I’m lucky enough for it to reach my $38 target that is likely when I will take profit on the lion’s share of my holdings, however even then I still plan on leaving about 1/3rd of my total holdings in from there just in case we continue to climb towards this crazy 2.618 fractal level somehow, and along the way to that whenever we reach a major price point, my plan is to only ever take profit on 1/3rd of whatever is left in my total so that I never fully run out of xrp and will be able to capitalize on each and every price it could possibly try to hit, but also I think it would be nice to just hold an amount of xrp indefinitely to use in lending and staking protocols eventually to earn passive income on it without actually ever having to sell it. * not financial advice*