XRP trade ideas
$XRP bullsthis is just my outlook on the xrp show for the next 3 months....sideways like a mofo until we get to end of Q3 beginning of Q4. Once we break the .93 area and close above then we should in the full clear to revisit this years high of $1.93 in an attempt to break over $2 to push for ATH and above. #LongtermOutlook
XRP Long Term Targets : 8$->3$->24$Reasonable target for XRP, based on a double cycle theory.
- First cycle top, end of Wave 3, based on 4 years repetitive cycle following BTC halvening cycles : November 2021, XRP at around 8-9$, 400 billions $ market cap.
- Wave 4 : correction 65%, XRP back to 3$.
- Second cycle top: Wave 5, lengthening cycle, end of 2022, XRP at around 24$, 1,2 Trillions $ market cap. 3rd position behind Etherum at the end of the bull run.
Rem.:
(Eth estimated @ 16.000$, 1,9 Trillions $ Mcap end of 2022)
(BTC estimated @ 150.000$, 2,8 Trillions Mcap end of 2022)
Xrpusd PredictionMarket in the last 24hrs
XRPUSD moved in an upward momentum along with the upper Bollinger band . Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
The price is expected to move in an upward momentum till the price moves above the upper Bollinger band after which a consolidated momentum is expected.
Price volatility was moderate at approximately 4.76%, with the day's range between $1.23 — $1.32.
Price at the time of publishing: $1.3
XRP’s market cap: $60.68 Billion
However, the Indicator summary is giving a 'BUY' signal on XRPUSD.
Out of 11 Oscillator indicators, 3 are giving a SELL signal, 7 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 0 are giving SELL signal, 1 is giving neutral and 14 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
Can XRP MC hit 1 Trillion This Cycle?I believe we are still in wave 3... and that first move was a sub wave.
I believe we can hit 1 trillion mc with xrp this cycle. The XRP MC is the best indictor, for me, to see where we are going. Guess what 1 trillion dollar MC for XRP equals for its USD value....
What are your thoughts?