MathewAnderson Posted July 17 Share Posted July 17 (edited) According to a renowned analyst Johnaldinioh, XRP is expected to witness an insane rally, soaring up to $18 in the near future. đ⨠The timeline for this exhilarating surge will leave you on the edge of your seat! Quote  XRP's recent legal victory resulted in a price surge from $0.47 to $0.72 in two days. Analyst Johnaldinioh predicts a rollercoaster ride for XRP. Reactions to the forecast range from optimistic agreement to skepticism.  Here are some key points - According to analyst analysis, based on repetitive historical patterns on XRPâs daily chart, the crypto coin might be on a rollercoaster ride of several value dips and pumps. Johnâs prediction starts with XRPâs value taking a plunge to $0.52. This downtrend, he suggests, comes on the back of XRPâs decline from a peak of $0.9380 on July 13. However, he proposes that this dip is just a prelude to an exhilarating ascent to $4.30. https://twitter.com/johnaldinioh89/status/1679887054576967680 Peaks and Valleys on the Horizon The analystâs prediction doesnât stop there. He foresees another valley in XRPâs journey, with the price retracting from the $4.30 peak to $1.60. But this downturn, he says, will be followed by a rebound to $7.40. Johnâs analysis also suggests that another dip to $6 might be expected before a stunning upswing takes XRP to an all-time high of $18. The expert, while confident, emphasizes that this forecast is not a guarantee but a projection based on historical patterns. He points to mid-September as the timeframe for these price movements. What are your thoughts on this prediction? Do you think it as âabsolute work of fiction.â? Edited July 17 by MathewAnderson Added Tags DannyRipple and xrpmommy 2 Link to comment Share on other sites More sharing options...
HAL1000 Posted July 17 Share Posted July 17 TLDR woodman_73 1 Link to comment Share on other sites More sharing options...
Montoya Posted July 17 Share Posted July 17 Once again, there is no such thing as a "crypto analyst" let alone a "renowned" one. TA as a technique is sketchy at best in traditional markets, and completely nonsensical in crypto, which is moved primarily by unique external events rather than the business cycle. Furthermore, were it even to be possible in crypto, the market history is so short so as to make the relevant data set almost useless. These self-anointed crypto analysts are little more than snake oil salesmen. Ask yourself, what does it take to be a crypto-analyst? Literally any moron can setup a youtube channel with a bunch of fancy, yet meaningless charts and graphs. These fools are seeing faces in the clouds and mistaking them for meaningful patterns. DannyRipple, PlanK, Skippy and 4 others 6 1 Link to comment Share on other sites More sharing options...
Malloy Posted July 17 Share Posted July 17 2 hours ago, Montoya said: TA as a technique is sketchy at best in traditional markets, and completely nonsensical in crypto, which is moved primarily by unique external events rather than the business cycle. So true... Link to comment Share on other sites More sharing options...
HAL1000 Posted July 17 Share Posted July 17 (edited) Just to add fuel to the fire, TA does work, BUT it's taken me over 10 years to become even an amateur at it. Sign up (its free) to trading view Then pull up the XRPUSDT price chart and add this one indicator... Boom Hunter Pro Let's just call that a good start to your journey into TA I DO MAKE MONEY DOING THIS EVERYDAY. Edited July 17 by HAL1000 Link to comment Share on other sites More sharing options...
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