XRP IS ABOUT TO FLIP!! THIS IS NUTS!

My Financial Friend

Introduction to XRP Analysis

The speaker discusses two key charts that explain why XRP was stopped around $3.3 and how breaking that level could be bullish for XRP.

Market Update

  • XRP is currently pushing up to $2.98 after being at $3.3 earlier.
  • The speaker mentions a previous video discussing key levels, including 365 XRP and 2,600 XRP.

Trading and Resources

  • Links to trade XRP are provided, including access to up to $20,000 without KYC.
  • The speaker mentions using multiple exchanges like BTCC, CoinW, and Blowfin.
  • A Patreon community is mentioned for exclusive videos, including a 40-minute video on leveraged trading.

XRP Analysis

  • XRP vs. Bitcoin Chart: This chart indicates why XRP got rejected earlier. It has triple-bottomed around 0.006 and has been rejected at a trend line multiple times.
  • Breaking this trend line could lead to a bigger rally on XRP, potentially seeing XRP outperform Bitcoin.
  • Historical data shows XRP can rally higher than its current valuation versus Bitcoin, potentially reaching 25% to 38% higher valuations.

Predictions and Risk Assessment

  • If XRP breaks out above the mentioned line, it could see a 30% to 40% increase versus Bitcoin.
  • With Bitcoin's potential 50% increase, XRP could go up 70%, reaching the $4.50 to $5.50 range.
  • The speaker uses the Into the Cryptoverse tool to assess risk, noting that every cycle XRP spikes up in risk before a significant price explosion.
  • Currently, XRP is at 0.84 on the risk scale, with 0.95 being a potential point to consider taking profits.

Broader Crypto News

  • Italy's largest bank is preparing for potential Bitcoin demand, indicating broader crypto adoption.
  • This could lead to Bitcoin leading the way, with XRP potentially outperforming versus Bitcoin.

Conclusion

The speaker invites viewers to share their thoughts and considers the Patreon community for more in-depth discussions, including leveraged trading strategies.