XRP / TetherLong
XRP, UPDATE!
It appears XRP has formed a larger symmetrical triangle than I originally drew out.
Early morning, XRP fell to the bottom of this triangle before making a strong ABC correction back to around recent highs.
As shown on the chart, XRP has completed an ABC correction and has most probably completed waves 1 & 2 of this leg up.
We had a retracement back to the .382 fib and are now retesting resistance at the top of the pattern. I expect it to break through to the upside in the next few hours to complete waves 3 &4.
Very bullish pattern for XRP!
Early morning, XRP fell to the bottom of this triangle before making a strong ABC correction back to around recent highs.
As shown on the chart, XRP has completed an ABC correction and has most probably completed waves 1 & 2 of this leg up.
We had a retracement back to the .382 fib and are now retesting resistance at the top of the pattern. I expect it to break through to the upside in the next few hours to complete waves 3 &4.
Very bullish pattern for XRP!
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.