XRP - Updated Analysis - Next Targets
Updated
We reached our targets in my previous XRP-USDT analysis. Here is an updated version of XRP in one-hour chart.
Overall, there is a continuation of bullish movement. Rumors (coinbase addition etc) are further promoting the movement. 3 scenarios (waves) are given in the chart. There will be some pullback at or above 3.00 (assuming we breakthrough the current 2.8 resistance) to complete the wave 4. We shall wait and see.
Keep in mind: all these predictions are highly dependent on the BTC 1.54% movement.
*** This is not a financial or investment advice. Trade at your own risk. As always, do your own research.
Overall, there is a continuation of bullish movement. Rumors (coinbase addition etc) are further promoting the movement. 3 scenarios (waves) are given in the chart. There will be some pullback at or above 3.00 (assuming we breakthrough the current 2.8 resistance) to complete the wave 4. We shall wait and see.
Keep in mind: all these predictions are highly dependent on the BTC 1.54% movement.
*** This is not a financial or investment advice. Trade at your own risk. As always, do your own research.
Note
As I mentioned, 2.8 is a strong resistance. Sit tight. We will break it.Trade active
Here we go...Note
Be aware of possible pullback at 3.Trade active
As expected, we are testing the resistance at 3.Trade active
We are pushing hard. Hopefully, we will break it.Trade active
Congrats. Another target reached. We are following Waves 1-2-3-4-5. So next target is 3.45 level after we pass the resistance at 3.2 level.Note
Retraction to 2.45 or to 2.30 is possible under current conditions.
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