If you look around YouTube, Twitter etc., everyone is talking about $27 XRP, $40 XRP, $60 XRP. It's really hard not to notice. Don't you guys think that this is pretty convenient for everyone and their mother to get rich ?
There is this theory for bitcoin about market cycle lengthening
which basically says that each market cycle is longer and longer and not
4 years each.
Can XRP also have a lengthening cycle ?
Basically if we all accept that we are at the second market cycle for XRP, I would say we are somewhere around the second peak I have highlighted
in the chart below which incidentally ( ?? ) is the 78.6% fib level.
Let me know what you think, this is definitely not financial advice, but it does look suspiciously convenient.
I could absolutely be terribly wrong and this goes to $40 overnight, but I don't think it will.
Please, if you plan to hold forever then don't let this affect you.
There is this theory for bitcoin about market cycle lengthening
which basically says that each market cycle is longer and longer and not
4 years each.
Can XRP also have a lengthening cycle ?
Basically if we all accept that we are at the second market cycle for XRP, I would say we are somewhere around the second peak I have highlighted
in the chart below which incidentally ( ?? ) is the 78.6% fib level.
Let me know what you think, this is definitely not financial advice, but it does look suspiciously convenient.
I could absolutely be terribly wrong and this goes to $40 overnight, but I don't think it will.
Please, if you plan to hold forever then don't let this affect you.