My previous post on XRP can be found here:
Analysis of XRP then called for a minute wave ((y)) back upwards to ~$0.74 for XRP to finish a minor wave 4 position and then collapse for a minute wave ((v)). XRPUSD did not return for minute wave ((y)), but instead continued the sell off.
Price action at the time of this post appears to have completed a minor wave ((v)) which also = termination of minor wave 5. This implies that XRPUSD should sustain its current bullish momentum. A probable target for XRP is the region of the 4th wave of the previous degree ( i.e. minor wave 4) which has been identified in this analysis to be between $0.69 and $0.72.
Analysis of XRP then called for a minute wave ((y)) back upwards to ~$0.74 for XRP to finish a minor wave 4 position and then collapse for a minute wave ((v)). XRPUSD did not return for minute wave ((y)), but instead continued the sell off.
Price action at the time of this post appears to have completed a minor wave ((v)) which also = termination of minor wave 5. This implies that XRPUSD should sustain its current bullish momentum. A probable target for XRP is the region of the 4th wave of the previous degree ( i.e. minor wave 4) which has been identified in this analysis to be between $0.69 and $0.72.
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.
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.