Technical analysis by oaksacorn about Symbol XRP: Buy recommendation (3/31/2025)

Not Trading AdviceForget The DuckI am stickin with the chickenCause that's one fine birdThe Elliot Wave 5 wave pattern is present throughout trading history. Successfully predicting 5 wave patterns is a blessing. The current fractal has proven so far to be different than 2017 where we had a quick/fast 2 wave and a drawn out 4 wave. This, I would argue, is good. Currently this 2 wave is more drawn out. We can then expect 4 to be quick. We see in trading history that this 2 & 4 wave switch often occurs in repeating fractal like 5 wave moves.Fundamentally, crypto wise, BTC dominance will wain - it remains to be seen if the XRPBTX chart undergoes a complete and total phase change - there is a small probability here. My heart will always be with BTC from a benchmark old Daddy standpoint but one must be cognizant of the a possibility of a complete dominance switch. (The Sigma Wolf is whispering to the She-Wolves and prompting a change in the Alpha of the pack). I do not hold to the Market Cap argument when it comes to a global crypto currency that is truly DECENTRALIZED (due to its consensus protocol & Escrow parameters), interoperable, cost effective and fast. XRP is not a stock. The numerous XRP ETFs applications are waiting in the wings could be a game changer in very short order. Remember, Fidelity was mining BTC in 2018 - I sold them some of my BTC miners to do so and they mined in the facility in our startup.Some of the current - really good - chartists are pulling back their XRP projections. Understood. I am not in that camp. I respect the $13 - $27 projections. 5 wave history does point to projections that are much higher once you shed the shackles of the market cap argument.