#Xrp🔥🔥 – The Channel is Telling a Story ($7.5 or a Historic Pump to $44!)
⚪️General Rule of Thump in TA
In technical analysis, it's essential to ignore the noise and focus on what the chart is actually showing. 📊
Think of charts like an ECG (electrocardiogram)—a doctor doesn’t rely on your explanations, they read the signals directly. The same applies to price charts!
⚪️What’s Happening with #XRP?
#XRP has broken out of the white channel and consolidating above it—this is an extremely bullish signal, often leading to strong momentum specially on Monthly Time Frame.
⚪️The chart below presents two possible approaches:
▫️Approach 1⚡: White Channel Measured Move
based on the breakout, the measured move targets $7.5+.
▫️Approach ⚡2: 2017 Wave 3 Repetition
If #XRP mirrors its 2017 Wave 3, which was the most powerful move, it could rally 2,300% upon closing above the white channel—this would put #XRP in the $44 range.
🔑 My Take: XRP is Bigger Than Most Realize
▫️Many OGs have explained #XRPL & #xrp , but let’s simplify it:
▫️If you had a race car and HAVE AN OPTION TO INSTALL a more powerful engine, what would stop you from using its full potential? 🏎️💨
▫️The traditional financial system has been outdated for decades. Increasing the velocity of money will stimulate the economy, and #XRP is designed to accelerate this shift.🚀🔥
#XRPFamily – Together We Rise! 💙
