Here is my wave count for the rest of this monster 3rd wave. We should see a short correction before pushing to ATH (unknown price due to 2017 market mania, Korea topped around $3.84). After resistance, I see a push towards $5 before a 4th correctional wave and then the final blow off top (not pictured). Blow off top for XRP marketcap should be above $9 for a full fib extension. After that... probably resistance before we can determine if we pull off another full fib to $33.
Trade active
After 2 days of price action, it looks like we hit the A and B arms. We are working on the C dump. The price action is accelerated compared to the posted chart. Trade closed: target reached
Calling this the ends of the c wave now
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Disclaimer
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.