A entire macro view of the Entire bull market - provided there is only 1 alt season and no utility season - calculated using Elliot wave and Fibonacci ratios.
So far we have seen XRP rally up to 72c and then crash back down to 17c, marking Hyperwave 1 and 2. I believe we are currently in wave 3 of Hyperwave 3. The peak of this wave should end at around $4.20. A retrace of approx 60-70% could take us from $4.20 back down to $1.50-ish before the final wave up to $13. Marking the end of Alt season 2021.
Note: Last alt season in 2017, we had 2 alt seasons. If this happens again, we could go even higher.
So far we have seen XRP rally up to 72c and then crash back down to 17c, marking Hyperwave 1 and 2. I believe we are currently in wave 3 of Hyperwave 3. The peak of this wave should end at around $4.20. A retrace of approx 60-70% could take us from $4.20 back down to $1.50-ish before the final wave up to $13. Marking the end of Alt season 2021.
Note: Last alt season in 2017, we had 2 alt seasons. If this happens again, we could go even higher.