XRP to $3.70?! 🤑 Crypto Wizard Predicts HUGE Gains!

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Crikey! 😱 Some crypto bloke called Charting Guy (@ChartingGuy, sounds dodgy already!) has been scribbling on his XRP/US Dollar chart like a madman. He claims this Bitstamp thingy looks like a Wyckoff re-whatchamacallit pattern. Apparently, it’s all pointing to a summer splurge towards—and maybe even past—the $3.70 mark. Blimey, that’s a lot of dough! 💰

“Wyckoff Pattern? Sounds Like a Nasty Rash!

This chart of his stretches back five months, starting with something called “preliminary supply” (PSY). Sounds like something you’d get from eating too many dodgy sausages. 🌭 Then, a vertical whoosh sent the price soaring to a $2.68 “Buying Climax” (BC). Followed by an “Automatic Reaction” (AR) that flopped back to around $1.90. It’s all terribly technical, innit? 🤔

Apparently, “Phase B” involved demand rebuilding, leading to an “Up-Thrust” (UT) that briefly poked past $3.40. Then, the price slithered down a “Creek” (sounds like a place you’d find grumpy crocodiles 🐊), with lower highs and lows. But Charting Guy reckons it’s just weak hands selling, not a proper top. Honestly, who comes up with these names?! 🤪

On April 7th, the market went belly-up, knifing to $1.61, then bounced back like a rubber chicken. 🐔 This, my friends, is the “Spring of Phase C.” A quick test near $2.00 confirmed it. From there, Charting Guy’s crystal ball says it’s onwards and upwards! 🚀

“Phase D” kicks off with a “Last Point of Support” (LPS) between $2.35 and $2.55. Then, a steeper climb through the February peak. Next up, a “Jump Across The Creek” (JATC)—a leap over the descending channel at about $2.70. Crikey, these names are getting sillier by the minute! 🤣

The model predicts a breakout above $3.40, which is the “Sign of Strength” (SOS) around $3.40 in late May. Then, another backing up into a first “Last Point of Support” (LPS) between $3.10 and $3.30 in mid-June, followed by an even steeper climb. Cor blimey! 🤯

In “Phase E,” XRP rockets to $3.70 by early July. That’s a 74% jump from the current $2.12! But hold your horses! 🐴

Charting Guy warns that “this doesn’t mean up-only now.” Timing might be off. It’s all just a big guess, really. But the fact that the price action lines up with these Wyckoff phases adds weight to the bullish case. If the market behaves, XRP could be back to prices we haven’t seen in ages. Stone the crows! 🐦

At the time of writing, XRP was dawdling at $2.11. 🐌

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2025-04-21 18:42