I've seen some very bearish scenarios if Ripple tries to fight the SEC in a long court battle. I've seen Elliot Waves projected to 4 cents. When I look at the long term XRP chart on Poloniex, however, I see a bullish long term scenario especially if the recent 17 cent low holds. Alessio Rastani pointed out the significance of XRP holding that 17 cent low. He said he is bullish as long as 17 cents holds. And you can see on the long term XRP Poloniex chart how significant that low was because it lines up with previous lows since 2014 when XRP appeared on the Poloniex chart.
I try to add the "Bitcoin log growth curves" indicator from Quantadelic on Trading view in order to map out a multi-year bullish perspective for XRP. This assumes Ripple (Garlinghouse and team) settle and do not try to get in a multi-year battle to determine who is correct in court and they settle with the SEC soon like most all crypto and regular stock companies have in the past. As you can see XRP projects in this bull cycle to about $50 by Oct 2021. A bear market ensues like the past for a year and XRP drops to about $6, a 94% correction, then it enters another bull wave that reaches $700+ by Sep 2025. This assumes a 4 year cycle continues and XRP mimics the Bitcoin log growth curves in shape.
I try to add the "Bitcoin log growth curves" indicator from Quantadelic on Trading view in order to map out a multi-year bullish perspective for XRP. This assumes Ripple (Garlinghouse and team) settle and do not try to get in a multi-year battle to determine who is correct in court and they settle with the SEC soon like most all crypto and regular stock companies have in the past. As you can see XRP projects in this bull cycle to about $50 by Oct 2021. A bear market ensues like the past for a year and XRP drops to about $6, a 94% correction, then it enters another bull wave that reaches $700+ by Sep 2025. This assumes a 4 year cycle continues and XRP mimics the Bitcoin log growth curves in shape.