XRP Started Its 10-Fold Rise … Today

We called it ‘the most contrarian crypto call of 2020’ in our XRP forecast as well as in our 2020 cryptocurrency market forecasts. We obviously refer to investing in XRP, and the expected price move of XRP in 2020. There is consensus in the disbelief in XRP. The argument being used by the ‘naysayers’ is that XRP has been flat, even weak, during 2019 so it is a low value crypto with a mild to bearish outlook.

At InvestingHaven we run the first premium crypto investing research service in the world, and our analysis clearly says the opposite. We have been on record with details written in many thousands of words to our premium crypto members about the great prospects of XRP because it was flat in the last 18 months. The combination of fundamental strength in terms of adoption, as well as the flat chart setup, was the #1 reason to believe in a great outcome. Today the market is proving our call right, and we are on record calling for the start of a 10-bagger rise.

By far the most conflicting view comes from the interpretation of the long term XRP chart.

The long term XRP chart featured below is one that we ‘steal’ from our cryptocurrency library in our premium crypto investing service. What’s the message of this chart?

  1. The downtrend is over if today’s session closes above .2497, as well as the next 3 days close above that same level.
  2. The bottom of December 2019 was the absolute bottom. Yes InvestingHaven’s research team is on record with this market call.

Any chartist will see that XRP is ready to aggressively take out this level today, is what we concluded in XRP Giant Breakout Starts Now which featured this chart.

This brings us to the key of XRP: the long term consolidation is THE most powerful setup that any investor can imagine.

Let’s put this differently: any experienced investor, and any experienced chartist, becomes ultra-excited from a setup like the one above shown above.

In our annual XRP forecast we wrote this:

XRP is THE most promising cryptocurrency in terms of ADOPTION. Ripple’s announcement raising $200M to accelerate XRP adoption in their XRP ecosystem is the ultimate proof of this. XRP will go lower until weak crypto investor hands have sold, after which smart crypto investors take over control. We remain firm on our XRP #1 position, and it’s a matter of time, but our timeline for our longstanding price target is visibly delayed. It is what it is, but no reason whatsoever to change our mind nor our positions.

We wrote these words in the midst of a sell off, in the first weeks of December. It requires a very solid methodology, and deep belief in it to make such a call public.

In our article published on January 19th, 2020 XRP Still The Most Promising Cryptocurrency In The World we tried to help investors by making an analogy with the optical illusion that everyone should know.

Do you remember this optical illusion picture in which you can see a beautiful young lady but also a witch? Watch until you see both.

optical illusion investing

Skeptics look at this long consolidation, and conclude “this thing is going nowhere, pure crap”.

WE look at this and say “if we only can continue to trade above this support line (which was tested in recent weeks) the outcome will be amazing!”

That’s what we wrote back then, and the source of this is a crypto alert we sent to our premium crypto members early December 2019 in the midst of the crypto sell off.

Again, it requires deep belief in a solid methodology to produce this type of writing and share it with crypto investors who are panicking.

Today XRP confirms a giant breakout. It is the one we have been forecasting for more than a year now.

The breakout is visible on the short term timeframe. Below chart also comes from our cryptocurrency library in the restricted area of our site.

InvestingHaven’s research team has continuously confirmed the ultra bullish outlook for XRP.  We wrote a few pieces that are still available in our ‘crypto alerts’ section, especially:

  • December 24th, 2019: “Big decision coming up in February.”
  • December 7th, 2019: “A must-read update about XRP.”

InvestingHaven’s crypto members had an edge, and will continue to have an edge. The next challenge will be getting out at the right time. We predict that some sort of ‘frenzy’ will hit crypto investors again in 2020. That’s when everyone will be overly excited, and will miss those obvious exit points on the charts. InvestingHaven’s crypto research service will focus on one and only one thing in the next few weeks and months: getting those exit points right to maximize returns. You too can follow our work to get the maximum out of this nascent bull run.

Disclaimer: InvestingHaven.com makes every effort to ensure that the information provided is complete, correct, accurate and ...

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Comments

Alexandra Gray 4 years ago Member's comment

I've really soured on cryptos as of late. I just don't know enough about them and there's so many cryptocurrencies and new ones popping up all the time. It was easier when it was just bitcoin.

IB Trading 4 years ago Member's comment

#Ripple is worth a closer look. $XRP-X