If you look around YouTube, Twitter etc., everyone is talking about $27 XRP, $40 XRP, $60 XRP. It's really hard not to notice. Don't you guys think that this is pretty convenient for everyone and their mother to get rich ?
There is this theory for bitcoin about market cycle lengthening
which basically says that each market cycle is longer and longer and not
4 years each.
Can XRP also have a lengthening cycle ?
Basically if we all accept that we are at the second market cycle for XRP, I would say we are somewhere around the second peak I have highlighted
in the chart below which incidentally ( ?? ) is the 78.6% fib level.
Let me know what you think, this is definitely not financial advice, but it does look suspiciously convenient.
I could absolutely be terribly wrong and this goes to $40 overnight, but I don't think it will.
Please, if you plan to hold forever then don't let this affect you.