Long

XRP wave count !! Next move into 1.10$-1.20$ range

XRP looking for a move into 1.10-1.20 $ range where there is fib extension confluence where we can expect some strong resistance; being a potential take profit zone. After hitting 0.78$ we came down in a corrective fashion (ABC correction; C wave being a 0.786 extension of A) coming down to around 0.45$ before we spiked up and brings us to the consolidation we are in now; which we can say is the beginning of the 5th wave advance. Wait for a break higher out of current consolidation for entry and looking for a move to 1.10-1.20 level. We can expect a 3rd of a 5th wave to commence in coming days.

Please like and follow for more content!

NICKVASS10

Also on:

NICKVASS10

Also on:

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.