I Chase The XRP ‘Biblical Rally’ and Found Something BIGGER!

About this video

• Video Title: I Chase The XRP ‘Biblical Rally’ and Found Something BIGGER!
• Channel: Cheeky Crypto
• Speakers: (No specific speaker names provided in the transcript)
• Duration: 00:30:17

Overview

This video discusses the potential for a significant rally in XRP's price, termed a "biblical rally," based on technical indicators like the stochastic RSI (SRSI). It contrasts this optimistic outlook with a warning of a potential 90% crash following such a rally, drawing parallels to XRP's 2018 performance. The video also explores factors that might differentiate a future rally, such as Ripple's real-world adoption and the potential approval of US spot XRP ETFs, while outlining the speaker's personal strategy for navigating these potential market movements.

Key takeaways

• "Biblical Rally" Prediction: An analyst suggests XRP could experience an epic rally, potentially reaching $8 or even $20 by 2025, driven by a bullish monthly SRSI pattern.
• Crash Warning: The same analysis predicts a subsequent crash of up to 90% from the rally's peak, reminiscent of the 2018 downturn.
• Differentiating Factors: Unlike past cycles, Ripple's development of real-world products and potential US spot XRP ETF approvals in October 2025 could influence XRP's future price stability and adoption.
• Speaker's Strategy: The speaker plans to take profits incrementally during the potential rally and is mentally preparing to buy back in during a subsequent crash, emphasizing the importance of having a plan.
• Market Psychology: The video highlights the psychological challenges of crypto investing, including FOMO and panic selling, and stresses the benefit of community support and preparation.