XRP
Long

XRP W - Wave 2

Hi everyone,

Here's the potential Elliot wave in the making - it usually extends to the fibs but please don't take the prices in this chart as a guarantee.
Price doesn't go up or down in a straight line but in this way we could get an overall picture.

Elliot Wave Theory remains a theory but it has very solid grounds, take in mind that the these waves contain sub waves & corrective waves, etc...
When using Elliot Waves I do like to keep it as "general" as possible, you could calculate them more accurately but doesn't mean price will exactly follow this :)

google.com/search?q=elliott+wave+theory&rlz=1C1GCEA_enPT805PT805&oq=elliot+wave&aqs=chrome.2.69i57j0i10l5j69i60l2.4041j0j7&sourceid=chrome&ie=UTF-8


Wave 2 could have finished, however they do tend to go even deeper so that would brings us potentially around 90 cent support zone.


Kind regards,
Noel

Clause de non-responsabilité