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RE: Some stunning longer term Fibonacci projections

in #bitcoin6 years ago

Ripple is interesting. I found I have the most data on Poloniex and while the start in 2016 is wobbly to say the least, I can distill a five wave, a correction and breakout from that correction. I personally added to my position on that breakout; today was a good day ;)
1.618 target around 5.5$. But I'm not sure to what extent a regular target for stocks, ccy & bonds can be trusted for crypto. In other words: could go much higher. But then, with a total amount of coins in circulation of 100 billion, that would mean an enormous market cap. To be continued...