orlinmyer

XRP Weekly Consolidation

Long
XRP has just had a parabolic rise followed by a break of that parabola and setting of new high.
XRP will consolidate over the next days/week.
As before, expect a 7 wave down, followed by an ABC pattern.
A double retest will mark the start of the next parabolic rise.
The prices and timing of this graph should be close enough.
(Peak of Parabola should be higher, I just didn’t want to stretch this pattern for clarity sake)
My buddy Super Dave from the future didn’t give me a better picture this time around (jerk)
Expect this master pattern to continue until say we hit $2.36?
While this consolidates I’ll be shifting my focus to XFLR on Poloniex.
#noeasternpromises
#blamedaveifwrong
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.