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tradeformula
Mar 4, 2018 5:35 PM

Logarithmic scale analysis on XRP 做多

XRP / U.S. dollarBitstamp

描述

XRP has had a remarkable 2017, and if the same trend continues, will have an amazing 2018 as well. This is a logarithmic view of the historical data of XRP, and each of the larger parabolic increases have yielded 14x growth. Additionally, the black support has been a catalyst to start the move.

Depending on where the price starting point is of the next parabolic move, (.75 - $1) I set the target at $10.50 to $14, likely in late spring to early summer, based on when it begins.

Disagree? Look at Bitcoin's historical path on a logarithmic scale. Fundamentally, based on the nature of announcements Ripple has made in recent history, an upswing is inevitable. We'll be watching history be made very soon.

交易开始

This took off sooner than I would have thought- however upon further review on the 1hr timeframe, there is a great support line starting at the beginning of the trend going through the lowest low that the price hit.

tradingview.com/chart/2NnysVJe/

I expect there to be a pennant within the support & resistance pictured in the charts and for it to break bullish.

评论

We are now on the strong line of support. If my idea is correct, this is the bottom.

If this idea is wrong, no telling where the bottom is.
评论
protechtor
Using a log chart, upper trendline heads through $10 first week of may.

XRPmaster
I like the way you think, tradeformula. I might consider to sell 10% of my Xrp stank nu then.
tradeformula
@XRPmaster, Haha what was that?
XRPmaster
@XRPmaster, “10% xrp stash by then”, I tried to write down, however my Dutch autocorrect didn’t like iT ;)
essexboyracer
Great analysis thank you. Too many on here look at the short term rather than the bigger picture. Agree this will rise very soon
imnotuncertain
any updates on the analysis
UnknownUnicorn2029062
lol.. nothing changes on this coin. Claiming a coin with VERY LITTLE VOLUME is gonna go up... Bunch of non sense. People need to understand that markets are driven by momentum and volume is how momentum materialize itself.

tradeformula
@DENZOSS, When did I project it would begin? On 3/6? Or 3/30 - 4/16? Re-read the post.
tradeformula
@DENZOSS,

"Nothing changes on this coin"

*posts a chart that represents an extreme price range*

OK
UnknownUnicorn2029062
@tradeformula, ripple has been bearish for over 2 months. This is what I mean by nothing changes.
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