Ripple: New bull cycle may push XRP price to $0.92 – Analyst

[Quinson]

“XRP retraced to the top of the falling wedge pattern (in blue) and tested it multiple times for support. Each time, XRP held the top of the falling wedge as support, and now, we can see that XRP is making a serious looking turn to the upside”

https://www.crypto-news-flash.com/ripple-new-bull-cycle-may-push-xrp-price-to-usd-0-92-analyst/

[mrhat75]

Wake me up at ATH

[Quinson]

5 minutes ago, mrhat75 said:

Wake me up at ATH

Sorry, I'll be very busy

[Quinson]

https://www.crypto-news-flash.com/ripple-new-bull-cycle-may-push-xrp-price-to-usd-0-92-analyst/

[Skippy]

$10 analysis or more, no likes for sub-tenner posts

[stuffie]

Just another stupid TA. 

[XRPage]

Anal_ish

Edited November 19, 2020 by XRPage

[jargoman]

XRP up 15 cents in 2 days. Volume through the roof. You guys still think TA is a joke ? 

I think the upside of that analysis is over exaggerated. It should have been the 50 cent resistance or 60 cents using the original TA methodology. 

Volume is through the roof so even ATH is a possibility 

[jargoman]

13 hours ago, jargoman said:

XRP up 15 cents in 2 days. Volume through the roof. You guys still think TA is a joke ? 

I think the upside of that analysis is over exaggerated. It should have been the 50 cent resistance or 60 cents using the original TA methodology. 

Volume is through the roof so even ATH is a possibility 

Just shy of 50 cents as my TA predicted. Will be interesting to see what happens next. Volumes are 50 times higher so we should plow through that resistance. Jed's sales will increase with the higher volumes. 

[Crypt0fin]

18 hours ago, jargoman said:

XRP up 15 cents in 2 days. Volume through the roof. You guys still think TA is a joke ? 

I think the upside of that analysis is over exaggerated. It should have been the 50 cent resistance or 60 cents using the original TA methodology. 

Volume is through the roof so even ATH is a possibility 

If XRP hits over $2 then I think there is a possibility for a scale upward to it's ATH. Until then I agree with this person's analysis of $0.92 but feel more bullish towards the $1 range.  

[jargoman]

11 hours ago, Crypt0fin said:

If XRP hits over $2 then I think there is a possibility for a scale upward to it's ATH. Until then I agree with this person's analysis of $0.92 but feel more bullish towards the $1 range.  

Volume is 50 times higher. Volume is higher than the volume at ATH. If 50 times the volume resulted in 50 times the price. 

$0.45 * 50 = $22.50

I'm not saying the price is going to $22.50 I'm saying it's not impossible at all. 

[Crypt0fin]

On 11/22/2020 at 9:00 PM, jargoman said:

Volume is 50 times higher. Volume is higher than the volume at ATH. If 50 times the volume resulted in 50 times the price. 

$0.45 * 50 = $22.50

I'm not saying the price is going to $22.50 I'm saying it's not impossible at all. 

I'm not saying that your prediction isn't possible in the distant future but what I'm talking about is the near term prediction of $1 as this analyst had stated ($0.92 to be exact and we are not far off right now). 

[jargoman]

I'm just saying it's over exaggerated. 0.33, 0.50, and 0.60 are now acting as support so the uptrend is here. I think XRP is headed to the ATH slowly but surely like BTC and ETH have been doing. XRP's volume is higher than ETH's and close to BTC's. XRP is looking really good right now

[SquaryBone]

On 11/24/2020 at 3:05 AM, Crypt0fin said:

I'm not saying that your prediction isn't possible in the distant future but what I'm talking about is the near term prediction of $1 as this analyst had stated ($0.92 to be exact and we are not far off right now). 

You don't need to be an analyst for that.

[SquaryBone]

On 11/23/2020 at 3:00 AM, jargoman said:

Volume is 50 times higher. Volume is higher than the volume at ATH. If 50 times the volume resulted in 50 times the price. 

$0.45 * 50 = $22.50

I'm not saying the price is going to $22.50 I'm saying it's not impossible at all. 

This also proves something else: 50x the volume apparently doesn't move the price to 22.5. So volume is clearly not a factor or still way to low to make a dent in XRP. Yes the price got higher the last few days but there's nothing to back it apart from speculation. The price after last rally was the same as before the previous one: approx. 20 or 30 cents. So it seems more logical to expect that it can reach the previous ATH. Perhaps higher since crypto is more accessible and accepted but still nothing to back the price  

Although I would be happy if it went to 22$ :p