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iamvinniesrs
May 11, 2021 7:13 PM

XRP Pain Incoming Short

XRP / U.S. dollarBitstamp

Description

Wave counts point to a 50% retracement to around $0.70. Looking for a buying opportunity

Trade active

We didn't get the full retracement. We've flipped resistance to support now from the .382, .5, and .618 levels. I exited at wave B and got back in on the .382 quadruple bounce

We're still in range for a pullback but it seems less likely now with narratives turnign towards faster, greener, decentralized tech.
Comments
rhamiltoncontact
Any updates now sitting at about .90 now...
rhamiltoncontact
Looks like that trend you were showing is there// any updates on the current trending?/ TY!
rhamiltoncontact
ANY updates on trends now with more current info?? Do you still see pain coming in a downward trend.. At 1.50ish today, thought on movement from here?? Thanks!
iamvinniesrs
@rhamiltoncontact, thank u for your comment. I updated the post.
robinball
Nice count, this is what I'm seeing too.
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