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Home Altcoins

XRP 6-Year Trendline Draws To A Close, 1,500% Rally Seen

June 24, 2024
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XRP 6-Year Trendline Draws To A Close, 1,500% Rally Seen
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As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst has dropped a bullish XRP price prediction that investors can look forward to. According to the analyst known as Jaydee, XRP is getting close to skyrocketing into new price territories.

Related Reading

Analyst Predicts XRP Rally To $7.5

XRP days of trading less than $1 may be ending very soon, according to a recent price prediction by crypto analyst Jaydee. The analyst made this known while sharing an ultra bullish prediction on social media platform X. According to the XRP/USD bi-weekly price chart shared by the analyst, a six-year trendline is finally drawing to a close. This trendline closure could signal the start of a massive bull run.

Interestingly, Jaydee’s technical analysis is based on a non-logarithmic price scale for XRP and a previous occurrence. Despite the price swings in the past six years, XRP has broadly traded within a descending channel since its record peak of $3.40 in 2017.

The upper resistance line has capped upside around $1.90, while the lower support line has held above $0.14 during the multi-year bear market. However, recent price action suggests the entire 6-year downtrend is now wedging towards an apex. The contracting range is leaving less and less room for XRP to fluctuate between resistance and support.

XRP is now trading at $0.48. Chart: TradingView

XRP Set For A Breakout

As pointed out by Jaydee, this only suggests XRP is set for a breakout to the upside. Furthermore, the analyst indicated a price target of $7.5 when XRP finally surges. With XRP currently trading at $0.4873, this price target represents an increase of 1,430%.

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While that may sound outlandish, the analyst points to a similar price cycle between 2013 and 2017 to justify such an explosive move. Notably, a similar breakout of a five-year descending triangle pattern saw XRP surge over 600x to peak at $3.4.

 

Jaydee also noted “dumb money” traders will eventually be left behind during the surge. “We will make sure to take PROFITS on Dumb Money! It will be a FUN but VERY SAD cycle for most,” the analyst said.

Related Reading

Whether XRP can replicate those blistering gains remains to be seen. Despite his outrageous bullishness, Jaydee did reply affirmatively to a comment mentioning that this cycle could be different from the 2017-2021 cycle. Looking at XRP’s chart, some key resistance zones to watch are around $0.54, $0.63, and $0.8. 

Featured image from Adobe Stock, chart from TradingView

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As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst has dropped a bullish XRP price prediction that investors can look forward to. According to the analyst known as Jaydee, XRP is getting close to skyrocketing into new price territories.

Related Reading

Analyst Predicts XRP Rally To $7.5

XRP days of trading less than $1 may be ending very soon, according to a recent price prediction by crypto analyst Jaydee. The analyst made this known while sharing an ultra bullish prediction on social media platform X. According to the XRP/USD bi-weekly price chart shared by the analyst, a six-year trendline is finally drawing to a close. This trendline closure could signal the start of a massive bull run.

See also  Bitcoin, XRP surge as Ethereum, Dogecoin struggle: What's behind crypto's latest moves?

Interestingly, Jaydee’s technical analysis is based on a non-logarithmic price scale for XRP and a previous occurrence. Despite the price swings in the past six years, XRP has broadly traded within a descending channel since its record peak of $3.40 in 2017.

The upper resistance line has capped upside around $1.90, while the lower support line has held above $0.14 during the multi-year bear market. However, recent price action suggests the entire 6-year downtrend is now wedging towards an apex. The contracting range is leaving less and less room for XRP to fluctuate between resistance and support.

XRP is now trading at $0.48. Chart: TradingView

XRP Set For A Breakout

As pointed out by Jaydee, this only suggests XRP is set for a breakout to the upside. Furthermore, the analyst indicated a price target of $7.5 when XRP finally surges. With XRP currently trading at $0.4873, this price target represents an increase of 1,430%.

While that may sound outlandish, the analyst points to a similar price cycle between 2013 and 2017 to justify such an explosive move. Notably, a similar breakout of a five-year descending triangle pattern saw XRP surge over 600x to peak at $3.4.

 

Jaydee also noted “dumb money” traders will eventually be left behind during the surge. “We will make sure to take PROFITS on Dumb Money! It will be a FUN but VERY SAD cycle for most,” the analyst said.

Related Reading

Whether XRP can replicate those blistering gains remains to be seen. Despite his outrageous bullishness, Jaydee did reply affirmatively to a comment mentioning that this cycle could be different from the 2017-2021 cycle. Looking at XRP’s chart, some key resistance zones to watch are around $0.54, $0.63, and $0.8. 

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Featured image from Adobe Stock, chart from TradingView

Tags: 6YearClosedrawsrallyTrendlineXRP

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Comments 1

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    Новые займы без отказа – лучшие предложения 2024 года

    BANKA-DENEG
    Новая и малоизвестная микрофинансовая организация 2024 года, которая только открылась, дает займы практически без отказа и небольшие займы даже с плохой кредитной историей. Первый займ бесплатно дает возможность повысить ваш кредитный рейтинг, минимальные требования возраст от 18 лет и наличие паспорта с пропиской. Удобный способы получения и погашения займа с возможностью продления без штрафных санкций со стороны МФО и передачи микрокредита коллекторам.

    Сумма займа: 3-30 тысяч
    Срок займа: 7-31 день
    Ставка: 0.8
    Без процентов: да

    FAST-MONEY
    МФО не новая, но с обновленными условиями выдачи займов от 1 до 50 тысяч рублей абсолютно для всех от студентов до пенсионеров под 0.6% в день – сейчас одна из лучших по одобренным заявкам. МКК работает уже более 5 лет и имеет много положительных отзывов, всегда идет не встречу клиенту начиная от выдачи кредитов людям без работы и с испорченной кредитной историей, заканчивая пролонгацией (продлением) без дополнительных комиссий.

    Сумма займа: 1-30 тысяч
    Срок займа: 7-21 день
    Ставка: 0.6
    Без процентов: да

    ЦЕЛЕВЫЕ ФИНАНСЫ
    Выдача займов онлайн на карту от новой микрофинансовой компании 2024 года по паспорту до 100 000 рублей под 0.6% в день. Компания набирает обороты и практическим всем гражданам от 18 лет выдает микрокредиты с возможность пролонгации без штрафов. Онлайн заявка на займ простая и понятная для всех – обычно от заполнения заявки до получения денег на карту проходит не более 15 минут, что очень удобно когда деньги нужны срочно. Карта должна быть выпущенная на имя клиента. Не допускаются виртуальные карты Озон, Киви, ЮMoney. Убедитесь что у карты не истек срок действия.

    Сумма займа: 5-100 тысяч.
    Срок займа: 7-168 дней.
    Ставка: 0.6
    Без процентов: нет

    СРОЧНО-ДЕНЬГИ
    Входит в список малоизвестных микрофинансовых организаций за 2024 года, можно взять займ без отказа и проверки кредитной истории до 20 000 рублей. Мгновенное рассмотрение заявки на займ и более 90% одобренных займов за последний месяц. Основные требования это паспорт и лучше именная карта Сбебанк или Тинькофф. Небольшие срочные займы до 10 тысяч могут получить люди с плохой кредитной историей.

    Сумма займа: 3-30 тысяч
    Срок займа: 5-30 дней
    Ставка: 0.8
    Без процентов: нет

    УМНЫЕ-НАЛИЧНЫЕ
    Совсем новая и еще малоизвестная микрофинансовая компания 2024 года, однако именно сейчас тут хорошие условия для заемщиков и высокий процент одобренных заявок. По сути можно сказать выдают онлайн займы без отказов и проверок на любую карту VISA, МИР, MAESTRO и другие. Займы бесплатно под 0% всем при условии полного досрочного погашения микрокредита в течении 7 дней. Далее стандартная ставка 0.8 в сутки с обычными требованиями к заемщику – это возраст от 18 лет, мобильный телефон и паспорт с пропиской не менее 6 месяцев. Граждане стран СНГ: Таджикистан, Азербайджан, Армения, Казахстан могут без проблем получить тут деньги так-как МФО работает с различными странами в онлайн режиме.

    Сумма займа: 3-20 тысяч
    Срок займа: 1-30 дней
    Ставка: 0.6
    Без процентов: да

    А-ДЕНЬГИ
    Займы онлайн на карту практически всем без отказов – тут основная причина отказа, это неправильно заполненная анкета! Новая МКК которая работает в онлайн режиме круглосуточно по всей России, чтобы получить займ на карту вам должно быть 18 лет и своя личная банковская карта. Работает полностью официально и состоит в реестре ЦБ РФ, максимальная процентная ставка всего 0.6 в сутки и есть возможность продления займа без штрафов и повышения процентов. Занять деньги тут может каждый, в большинстве случаев кредитная история не проверяется и если она у вас испорчена вам это не страшно. Первые клиенты в этой малоизвестной микрокредитной компании получают микрокредит без процентов до пятнадцати тысяч рублей, отдавайте в срок столько денег, сколько взяли.

    Сумма займа: 2-30 тысяч
    Срок займа: 5-30 дней
    Ставка: 0.8
    Без процентов: да

    BELKA-CREDIT
    Срочные займы на карту от малоизвестной МФО 2024 года! Быстрое принятие решение по займу и круглосуточный перевод денег на любую карту делают эту микрофинансовую компанию одной из лучших среди новых в России. Первый кредит до 15 000 дается на 7 дней без процентов, эта акция доступны и для людей с испорченной кредитной историей от 18 лет. Досрочный возврат и продление займа без дополнительных комиссий, постоянным клиентам займ до ста тысяч рублей – все это делает МФО одной из лучших среди малоизвестных и новых за 2024 год.

    Сумма займа: 2-50 тысяч
    Срок займа: 1-365 дней
    Ставка: 0.5
    Без процентов: да

    LIME ZAIM
    Новая МКК в 2024 году выдает всем онлайн займ под 0% на семь дней. Широкий диапазон займов на карту от 1000 до 30 000 рублей подойдет для всех и главное тут не проверяют кредитную историю, а также ваше трудоустройство. Удобная система авторизации через Госуслуги или Тинькофф-ID позволяет оформить заявку на получение микрозайма в течении пяти минут. У компании высокие стандарты внутренней безопасности, нет скрытых комиссий и наличие лицензии ЦБ РФ. Чтобы взять новый займ вы должны быть старше 18 лет, иметь паспорт с пропиской и любую карту российского банка оформленную на ваше имя.

    Сумма займа: 3-30 тысяч
    Срок займа: 7-30 дней
    Ставка: 0.8
    Без процентов: да

    ВАШ-КРЕДИТ
    Кредитные займы онлайн на карту от 1000 до 100 000 рублей, выдача происходит в срочном порядке с автоматической проверкой в течении 3 минут. Займ бесплатно всем новым клиентам на срок до 7 дней. Пока компания новая выдают микрокредиты всем без отказа и без проверки кредитной истории (для тех у кого она плохая). Досрочный возврат и продление займа без штрафов и дополнительных процентов, на большие займы не требуется залог или официальное трудоустройство.

    Сумма займа: 1-50 тысяч
    Срок займа: 1-180 дней
    Ставка: 0.5
    Без процентов: да

    БЫСТРОДЕНЬГИ
    Быстрые займы от 1000 до 100 000 рублей на 168 дней для всех от 18 лет. Не новая МФО, но в 2023 году она показала себя отлично в плане одобренных заявок по онлайн займам на карту, минимальными требованиями и честными условиями. Краткосрочные микрокредиты до 30 000 под 0.8%, а долгосрочные под 10% в месяц, однако для большой суммы требуется хорошая кредитная история. МФО все также лидирует и в 2024 года среди новых компаний по выдаче. Более 95% заявок оформляются положительно с мгновенным перевод денег на банковскую карту или счет.

    Сумма займа: 1-100 тысяч
    Срок займа: 5-365 дней
    Ставка: 0.4
    Без процентов: да

    НАДО-ДЕНЕГ
    Новая микрофинансовая организация которая в 2024 году выдает онлайн займы на карту всем без отказов. Удобная регистрация через аккаунт Госуслуги это 100% получение срочного займа до 30000 рублей. Тут не важен ваш кредитный рейтинг, люди с испорченной историей и просрочками могут получить десять тысяч мгновенно на свою банковскую или кредитную карту. Тем кто обращается в первые за новым займом получат его бесплатно на 30 дней.

    Сумма займа: 3-30 тысяч
    Срок займа: 10-50 дней
    Ставка: 0.6
    Без процентов: да

    MONEYMAN
    Тут вы 100% получите онлайн займ на карту без отказа. Компания работает очень давно и одобряет все заявки, также сейчас новым клиентам доступен срочный онлайн займ под 0% на срок до 21 дня – такое предложение можно считать супервыгодным. Минимальные требования к заемщику, если у вас плохая кредитная история и есть просрочки, то вам все равно дадут в займ но не более 10000 рублей. Для людей с хорошей КИ есть варианты микрокредитов до 100000 рублей с моментальным переводом денег на карту.

    Сумма займа: 1-50 тысяч
    Срок займа: 5-168 дней
    Ставка: 0.5
    Без процентов: да

    Малоизвестные МФО 2024 – надежные займы без проверок

    Новые онлайн займы — это удобный и быстрый способ получить деньги, когда они действительно нужны. Новые МФО, только что открывшиеся в 2024 году, предлагают уникальные условия для всех желающих. Благодаря минимальным требованиям и отсутствию строгих проверок, каждый может получить займ без отказа.

    МФО без отказа предоставляют займы даже тем, у кого плохая кредитная история или есть просрочки по другим кредитам. Это означает, что получить деньги может практически любой человек, которому срочно нужны средства. Процентные ставки варьируются от 0 до 0.8% в день, что делает такие займы очень выгодными по сравнению с другими кредитными продуктами.

    Займы новые на карту доступны для оформления полностью онлайн. Все, что вам нужно, это быть старше 18 лет, иметь паспорт с пропиской и именную банковскую карту. Процесс получения займа занимает всего несколько минут: заполняете заявку на сайте, и деньги поступают на вашу карту практически мгновенно. Это особенно удобно в ситуации, когда деньги нужны срочно.

    Малоизвестные МФО часто предлагают более выгодные условия, чтобы привлечь новых клиентов. Именно поэтому они готовы идти на уступки и предоставлять займы без лишних проверок и звонков. Мы собрали для вас список таких надежных и проверенных организаций. В нашей подборке вы найдете только те МФО, которые соответствуют всем законодательным требованиям и имеют положительные отзывы от клиентов.

    Почему стоит доверять нашей подборке? Мы тщательно проверяем каждую МФО перед тем, как включить ее в наш список. Мы учитываем не только законность и прозрачность условий, но и реальные отзывы клиентов. Наша цель — помочь вам найти самые выгодные и надежные предложения, чтобы вы могли быстро и без проблем получить необходимую сумму.

    Таким образом, новые МФО — это отличная возможность получить деньги быстро и на выгодных условиях. Независимо от вашей кредитной истории, вы сможете оформить займ онлайн и получить деньги на карту в кратчайшие сроки. Доверяйте нашей подборке, и вы не ошибетесь в выборе надежного партнера для получения займа.

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