XRPBTC - Primed for another BULL run - Are you ready?
XRPBTC has been in accumulating since a long period now.
It is getting good support between 0.618 - 0.786 levels.
Similar pattern was seen after 2nd April peak, where it accumulated in between 0.618 - 0.786 levels too.
Trend line showing good support currently
Elliot wave Analysis.
Wave 4 - Correction wave (A,B,C) seems to have completed now or nearing complete with its last leg "C"
Wave 4 didn't go below Wave 1
MACD - showing bullish signal
RSI - showing bullish signal - formation of lower lows
It is getting good support between 0.618 - 0.786 levels.
Similar pattern was seen after 2nd April peak, where it accumulated in between 0.618 - 0.786 levels too.
Trend line showing good support currently
Elliot wave Analysis.
Wave 4 - Correction wave (A,B,C) seems to have completed now or nearing complete with its last leg "C"
Wave 4 didn't go below Wave 1
MACD - showing bullish signal
RSI - showing bullish signal - formation of lower lows