While other coins building finals waves in their correction structures before going up, there is XRP, who had been in a relative consolidation for previous almost 5 years. And now it may soar as big triange completes its formation. Although, it may continue, there is a decent impulse (marked red) with unclear correction. At .44, I suppose, it will be good to stard accumulating long position with targets at 2.0+
And, as far as this is a triangle, which occurs on a position of wave 4, here I see one more evidence, that this growth will be the last on the whole crypto market for many years ahead.
And, as far as this is a triangle, which occurs on a position of wave 4, here I see one more evidence, that this growth will be the last on the whole crypto market for many years ahead.
Trade active
Pretty sure that correction has started. Most likely target is 1.1000Trade closed: target reached
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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.