XRP - Will History Repeat Itself?
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After many months of consolidation, XRP has finally made a breakthrough.
The question is, how far can this go?
The chart above shows the two previous breakouts. First one hitting approximately 937% of its initial value.
The second then hitting 1035% of its value from breakout.
So IF history repeats itself, I would expect the same return in this scenario.
Targets:
First Target 937% ~ $2.14
Second Target 1135% ~ $2.50
Final Target 1410% (ratio based) ~ $3.00
Please note:
This analysis is not based on fundamental or sentimental analysis.
These price predictions are completely based on historical data.
It will be neat to see this play out!
I wish you all the best of luck!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
The question is, how far can this go?
The chart above shows the two previous breakouts. First one hitting approximately 937% of its initial value.
The second then hitting 1035% of its value from breakout.
So IF history repeats itself, I would expect the same return in this scenario.
Targets:
First Target 937% ~ $2.14
Second Target 1135% ~ $2.50
Final Target 1410% (ratio based) ~ $3.00
Please note:
This analysis is not based on fundamental or sentimental analysis.
These price predictions are completely based on historical data.
It will be neat to see this play out!
I wish you all the best of luck!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Nota
Congratulations on whoever is in this trade. Unfortunately I am notTrade chiuso: obiettivo raggiunto
Price passed target by less than 6% on a 1400% run. Cheers to everyone that made this trade.Tips are forever appreciated.
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Creator of DepthHouse Indicators on TradingView!
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