While XRP is in its last stages of consolidation, lets re-asses and confirm our obvious biases!
1. The longer this consolidation lasts - the higher is the 200-week MA target. (Last week we were at ~4710, today we are at ~4750)
2. Those accumulating through Dollar Cost Average will not wait to reach the extreme bottom at ~4750sat.
3. From ~4750sat, we will move up to ~6200sat, test the top and shift MA's.
4. From ~6200sat we will try to move back to ~4750sat, and if psychological ~5000+ is sustained for ~3 weeks, we have a Golden Cross
First Pump (May - June)
5. Pump to ~10000sat, Retrace,
6. Pump to ~14000sat, Retrace,
7. Pump to ~19000sat, and a Retrace to ~14000sat
But, there's more!
Second Pump (October-November)
1. Mass Ripple 4.0 Adoption
2. New XRP Corridors are tested.
3. Gateways formed.
4. XRP Tipped.
5. Second Pump of 2019, Target: ~50000sat.
The Reasoning for New High and Two Pumps
Let's look at XRPBTC Cycles:
XRP moved twice at the beginning of 2017, this marked an end to the First ~2.5-year cycle(2014-2017). It is important because, in such a way, the sustained growth of XRP is proved to institutional and value investors. The New High will be a strategic move and Price-Action traders will not be considered for this one. The fourth and the last 7-month mini-cycle will complete the Second ~2.5-year bottom-to-bottom cycle(2017-2019) and will produce a Tripple-Bottom: High-Bottom(2014), Low-Bottom(2017), High-Bottom(2019), which would form the Largest 5-year Cycle arch and would create an ideal condition for establishing a New High.
By the time the Second Pump happens(end of 2019), BTC will have gained strength and large BTC holder's would have passed their bags to bag holders to take advantage of the 5-year Cycle opportunity. This, by itself, will easily provide enough fuel to pump XRP to ~50000sat, while Ripple Partnerships and xRapid platform adoption will supply fundamental support for such a move.
What are your thoughts?
1. The longer this consolidation lasts - the higher is the 200-week MA target. (Last week we were at ~4710, today we are at ~4750)
2. Those accumulating through Dollar Cost Average will not wait to reach the extreme bottom at ~4750sat.
3. From ~4750sat, we will move up to ~6200sat, test the top and shift MA's.
4. From ~6200sat we will try to move back to ~4750sat, and if psychological ~5000+ is sustained for ~3 weeks, we have a Golden Cross
First Pump (May - June)
5. Pump to ~10000sat, Retrace,
6. Pump to ~14000sat, Retrace,
7. Pump to ~19000sat, and a Retrace to ~14000sat
But, there's more!
Second Pump (October-November)
1. Mass Ripple 4.0 Adoption
2. New XRP Corridors are tested.
3. Gateways formed.
4. XRP Tipped.
5. Second Pump of 2019, Target: ~50000sat.
The Reasoning for New High and Two Pumps
Let's look at XRPBTC Cycles:
- ~7-month
- ~2.5-year
- ~5-year
XRP moved twice at the beginning of 2017, this marked an end to the First ~2.5-year cycle(2014-2017). It is important because, in such a way, the sustained growth of XRP is proved to institutional and value investors. The New High will be a strategic move and Price-Action traders will not be considered for this one. The fourth and the last 7-month mini-cycle will complete the Second ~2.5-year bottom-to-bottom cycle(2017-2019) and will produce a Tripple-Bottom: High-Bottom(2014), Low-Bottom(2017), High-Bottom(2019), which would form the Largest 5-year Cycle arch and would create an ideal condition for establishing a New High.
By the time the Second Pump happens(end of 2019), BTC will have gained strength and large BTC holder's would have passed their bags to bag holders to take advantage of the 5-year Cycle opportunity. This, by itself, will easily provide enough fuel to pump XRP to ~50000sat, while Ripple Partnerships and xRapid platform adoption will supply fundamental support for such a move.
What are your thoughts?
