XRP trade ideas
My predction in the XRP Market Cap!!! This it's bullishXRP it's extremely bullish in this altseason. So, I show my 4 targets in the market cap to reach in this cryptocurrency.
1. Target #1: $500 billion
2. Target #2: $1 trillion
3. Target #3: $3 trillion
4. Target #4: $5 trillion
Now, I will going to show you how to calculate the future price when XRP reach one of these targets in the market cap into the future.
For calculate, we need to know how much XRP there're in the circulation supply. We see that there're exactly 45,404,028,640 XRP coins. Or you can to say 45.4 billion XRP in circulation supply. To know it, we use the division using the formula:
b]Formula: Market Cap / circulation supply = future price
Example: Supposed that XRP reach a amrket cap value of $200 billion. To know it, we divided $200 billion / 45, 404, 028, 640 XRP in circulation supply. The future price will be $4.40 USD.
Now, if XRP reach a market cap worth in $500 billion, the future price will be $11.01 USD. A market cap worth in $1 trillion, XRP could to worth $22 USD. A market cap worth in $3 trillion, XRP could to worth $66 USD. Now, if XRP rach the market cap worth in $5 trillion, XRP could to reach the over $100 USD, the future price will be $110 USD. Now, I believe that XRP could to reach a market cap worth so near of $6 trillion. But to get a perfect plan, I reccomend to look the XRP dominance, this it's a smart way to know when XRP or the rest of cryptocurrencies like Chainlink it's reach a higher price when we know that the market cycle could to change. This it's very important to know it. Remember, XRP it's not neccesary to reach a market of $6 trillion becuase I don't have that as guarantee, our guarantee it's to know the information, analytical data, information as speculate news of XRP and the last how the price it's moving based in it.
XRP is in Bearish Channel & touched the Strong ResistanceBecause of touching strong resistance and taking in a big bearish channel and finally it's in a triangle pattern, it's time to go to a rest and fall to support of 1.37B.
So, the probability of a price increase is less seen due to touching the strong resistance.
XRP: A MORE SURE HOPE FOR THE BULLS.Hello Traders;
Here's my forecast on XRP marked up on the DAILY chart.
XRP presents itself to be a true uptrend.
We see PRICE make some form of retracement on the POIT OF BREAK.... It didn't break below to indicate a more BEARISH movement instead, we see PRICE create a Higher Low formation which make us hope to see PRICE break through to the (31.6288) area again.
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