Everyone thinks that Ripple is gonna dump off again like last time but I see something completely different and this can only be seen in Log scale dating back 1 year.
If you Look at the trend line, its following it to perfection, and this would also indicate that we are only on Wave 4 of 5.
I Started the Fibonacci at the top of the last run all the way to the bottom of last years run and it lines up perfectly! should it reach the top of the Fib scale that would indicate a Top at around $10 as hard as that is to believe.
This would also tip the scale of the trend line and send it into a correction there after. Right now i believe we are at the bottom of the 4 Wave.
If you see something different please share but I believe this is about as accurate as it gets and I never see anyone post the XRP chart from this perspective.
SIMPLE YET EFFECTIVE!
If you Look at the trend line, its following it to perfection, and this would also indicate that we are only on Wave 4 of 5.
I Started the Fibonacci at the top of the last run all the way to the bottom of last years run and it lines up perfectly! should it reach the top of the Fib scale that would indicate a Top at around $10 as hard as that is to believe.
This would also tip the scale of the trend line and send it into a correction there after. Right now i believe we are at the bottom of the 4 Wave.
If you see something different please share but I believe this is about as accurate as it gets and I never see anyone post the XRP chart from this perspective.
SIMPLE YET EFFECTIVE!