It looks as though my hypothesis in my last analysis on XRP was incorrect!
But that's okay since now we know that the correction is still in progress. We can confirm this by looking at our 4-hour.
It looks like we'll see whether if this will make a push in the next 4 days by popping out of the apex or if it will fail, where the lagging span would cross underneath the pricepoint into a bearish position (which can happen in 4-8 days) and could be followed by a bearish TK Cross.
Only time can tell.
-LB
But that's okay since now we know that the correction is still in progress. We can confirm this by looking at our 4-hour.
It looks like we'll see whether if this will make a push in the next 4 days by popping out of the apex or if it will fail, where the lagging span would cross underneath the pricepoint into a bearish position (which can happen in 4-8 days) and could be followed by a bearish TK Cross.
Only time can tell.
-LB
