XRP price struggles to sustain around $1.1 amid bearish calls that risk another drop to $0.92. The US SEC maintains that the DPP protects its internal documents, and therefore Ripple has no right to request access. Ripple is dancing around $1 after plunging from a September high of $1.4 and testing support at $0.92. The international money transfer token has...
here is my elliot wave count and my important levels for xrp ... i think we will go down and we will have a masve 5 impulse waves in next weeks to months ! if u have any thing add in comment pls . Good Luck !
RIPPLE - Intraday Update - 12/06/20 (Short-term) Bottom Line: Subdividing higher within wave iii of (iii) Breaking above $0.7941 is the next upside objective for the bulls. Outlook: A fifth wave rally is in its early stages. Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
XRP on the 4HR - 20, 50 and 200 MA are below price and acting as support. Last time this happened the charts shows we pushed on hugely. Once again this is the case.. Red zones are resistance. We could be about to surge towards $0.55 is this is the case. All 3 MA are pointing to the upside movement.
Applying Elliot Wave Theory ( "EWT" to the Ripple (XRP) graph clearly shows us that we are currently forming the C-correction leg, after which a new upward impulse wave should be very likely to start . --> We clearly see the movement of the five subwaves in the upward impulse wave, followed by the ABC correction, as prescribed by Elliot Wave Theory. -->...