A sharp rise from 0.25 level towards 0.80 has character of Wave A. Topped at around 0.80 XRUPUSD is making a correction. On going correction trades inside a triangle possibly a b c d e wave of B. As per Elliott Wave theory wave b could be abcde triangle. Traders its time to long XRPUSD for 0.80 or above.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.