XRP Ripple - Next Impulse September 2020

2020年4月4日

Hey guys!

Sharing my analysis on XRP.

I plotted this Fibonacci time frame sequence on XRP chart. The starting was:

(0) May 2017 - Impulse
(1) January 2018 - Impulse
(2) September 2018 - Impulse
(3) May 2020 - Impulse
(5) September 2020 - Next High? I think XRP could go to 3 digits.

It's always nice to own some in a wallet (to actually buy stuff in the future) and trade some, so you can short it if you want to. With a leverage.

Again, I am talking in the next 5 months. So if price drops by 3 cents, keep you 2 cents to yourself please.

Ideas are welcome!

Everything in our live is Fibonacci related.

Short term, I have mixed feelings because of everything that is going on right now. I think crypto-currencies will be worth more since the Central bank is printing a bunch of papers that will eventually be worth less.