AriasWave

XRPUSD - Nothing But A Wave A Zig-Zag...Change My Mind...

I've meticulously analyzed each fragmented wave forming what seems to be a Wave A Zig-Zag.

This analysis hints at a potential downtrend with XRP possibly reaching .06 in the near future.

The intriguing symmetry within this pattern raises questions: will Wave B extend upwards once this pattern resolves? Considering its struggle to materialize, that's a plausible scenario.

However, it comes with the challenge of a nearly 90% drop from current levels.

Keep in mind, this isn't Elliott Wave theory; it's AriasWave, a methodology I developed almost a decade ago.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.