Today, in our new series of ridiculous charts, we look at XRP.
It has come to our attention that there is an article, written by:
"a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing"
that addresses the possibility of XRP rising to $ 692 in 2020 (or after).
Using a Gann fan (at angle 45° !), we can see (after defining top and bottom of trend !) XRP respecting the 4/1 ratio.
Furthermore we can note that previous "bull-runs" knew an incline of 73° and 77°.
In order to get to $ 692 an incline of only 58° is needed .. so ..plausible. ($ 69.200 seems logical based on previous data)
It has come to our attention that there is an article, written by:
"a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing"
that addresses the possibility of XRP rising to $ 692 in 2020 (or after).
Using a Gann fan (at angle 45° !), we can see (after defining top and bottom of trend !) XRP respecting the 4/1 ratio.
Furthermore we can note that previous "bull-runs" knew an incline of 73° and 77°.
In order to get to $ 692 an incline of only 58° is needed .. so ..plausible. ($ 69.200 seems logical based on previous data)
Comment:
Observe the great wall of ..ehm ..
