I will stop doing proper TA until this bull run is over...I mean really over coz we've been mislead looking short term and comparing to actual crypto global market cap but we know the big monies justed got started flowing in. leaving a lot of potantial for this market cap to grow.
Now if you check LTC and ETH biggest bull run in 2017 you will notice price multiplied by +/-60 in 2/3 months depends where you take it from... Here is what happens should we apply it to XRP... and it is not that crazy as some would believe. Food for thoughts
You need to edit the year... ~2020 maybe!
This is completely impossible!
hm... in 3year
I think too many investors in the crytpo space put too much weight into market cap. This chart is not unrealistic as long as big money continues to flow into it. Most people do not fully understand how rapid the inflow is going to become. There are new types of investors coming in and they are coming for Alts and XRP.
+1 Antworten
Do you even realise what kind of marketcap XRP would need to get to that level? Math says no!
Petitboy EuroDale
@EuroDale, 7$ is what it takes to get to BTC Market cap. Crypto global market cap is far from its full capacity... Math says yes to me. But the time frame could very well extend before reaching this price.
+1 Antworten
Alqasim Petitboy
@Petitboy, According to a recent RBC (Royal Bank of Canada) study release, we're about 1/8th of the projected market cap...
Petitboy Alqasim
@Alqasim, I was not asking that much! hehe
SyferCV EuroDale
@EuroDale, Ripple CEO said that more than 20 dollars in the next 2 years was impossible. But that said, 20 dollar was mentioned as a reference...
haha its not gonna get above $10 for a very very long time!
Petitboy sjBalla55
@sjBalla55, Why not? please explain? What is very long time?
+1 Antworten
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