Ripple (XRP) - ATH Break-Out - 5th Wave for BITFINEX:XRPUSD by EW4X

Ripple (XRP) - ATH Break-Out - 5th Wave

() spiked in Q4 of '24, as per my predictions and tracking.
I managed to ride the #Bullish #Wave, but only half way.

Even though knew it was gonna' create a new #ATH, I got paper hands and cashed in at the 1.5 USD Mark.
That's because I was expecting back then a bigger #Correction, which was short-lived.

I was left holding the bag... anyway I'm OK with it, & did well.

XRPUSD at #ATH, What's Next?

A last push in the 5th of 5th Wave, to finalize the #Impulse.
This is because is also #Bullish.

XRPUSDT - #TechnicalAnalysis

- #ElliottWave #Impulse in Intermediate (C) (white)
- 5th Wave Completion
- #ATH #Break-Out
- Nov '17 / Jan '18 Fractal

My RIPPLE #Long Levels

- Entry @ 3 USD
- SL @ 2.3 USD
- TP @ 5 USD (it can go higher)

What About After This?

Honestly, I am not keen on that much, even though the Media Sentiment is off the hook.
Why? Because it simply does not have a #Bullish / #Impulsive Structure.
It's full of #Corrective features, which makes it a Larger Degree B Wave.

Conclusion: A considerable #Retracement right after, similar to the one in '18.
This could be because Bitcoin Dominance () would correct, while #Altcoins Market Cap () will also spike above its #ATH.

Trade active

XRP Weekly Chart:

Note

XRPUSD Daily Chart:

Note

XRPUSDT 4H Chart:

Note

made a very wild #bearish Swing.
Previous Order got Stopped-Out.

I am entering a last #Long, up-side still possible.
If this one gets stopped, then the top is in.

My next BUY Position on :
- Entry @ 2.25 USD
- SL @ 1.5 USD
- TP1 @ 5 USD
- TP2 @ 5.5 USD

* trade with caution, this is wild...

EW4X

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