In a display of audacity that would make even the most seasoned gambler blush, a TradingView analyst going by the delightfully absurd pseudonym RizeSenpai unveiled a chart on April 12 that could only be described as a fever dream for XRP enthusiasts. With the precision of a drunk cartographer, the analyst drew parallels between XRP’s price movements and Bitcoin’s historical antics, using Fibonacci extensions as if they were a Ouija board for predicting the future. 🎲
“XRP has recently broken above its previous all-time high resistance and has been consolidating above it for several months — this is exactly how BTC behaved before its explosive rally,” RizeSenpai declared, presumably while adjusting their tinfoil hat. 🧢
The Fibonacci Roadmap: A Journey to Absurdity
According to the chart, which looks like it was drawn with crayons by a particularly optimistic child, Bitcoin once surged from its breakout level to its 1.618 Fibonacci extension at around $61,800, before peaking at the 1.902 level. If XRP follows this path (and that’s a big “if”), here’s what we’re in for:
- Short- to mid-term target: $27–$30 (1.618 Fibonacci)
- Ultra-long-term potential: $71–$120 (1.902 Fibonacci)
RizeSenpai also identified two critical resistance levels for XRP to conquer, presumably with a sword and shield:
- $2.99 (1.414 Fibonacci)
- $4.58 (1.618 Fibonacci historical resistance)
At its current price of around $2.15, XRP would need to gain over 1,200% to hit $30 — a feat that would require either a miracle or a mass hallucination. Such a move would place its market cap on par with Bitcoin’s current valuation near $1.7 trillion, which is about as likely as me winning the Nobel Prize in Physics. 🏆
Why XRP Might Outperform BTC and ETH: A Tale of Delusion
The analyst, clearly unburdened by the constraints of reality, believes XRP may defy broader market trends in this cycle, outpacing both BTC and ETH — which he claims are unlikely to reach new all-time highs. This is, of course, the same analyst who probably thinks unicorns are a solid investment. 🦄
Unlike other major altcoins, XRP’s momentum appears to be building independently, with technical indicators and past breakout behavior suggesting a major move could be imminent. Or, you know, it could just be another false alarm in the never-ending circus of cryptocurrency speculation. 🎪
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2025-04-13 20:14