XRP - Elliot Wave Analysis
Updated
XRP has completed 5 impulse waves up, now looking for a ABC correction.
A is working on the 4th wave, wave 5 will probably complete around .382 fib retracement level of 1-5.
If B retraces 61.8%, a 1 to 1 extension of A could be possible for C, touching the confluent zone around .50 fib retracement level of 1-5.
A is working on the 4th wave, wave 5 will probably complete around .382 fib retracement level of 1-5.
If B retraces 61.8%, a 1 to 1 extension of A could be possible for C, touching the confluent zone around .50 fib retracement level of 1-5.
Note
Original subcount of A was invalid.Still, target B and C are reached.
Note
This would be the correct subcount of wave A.
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