Raul_Dominguez

Long Term Elliott Wave Count on Ripple

Long
XRPUSD

This is my long term Elliott Wave Count on Ripple, I believe we are currently forming primary wave 4th on XRP (Ripple), which started early January of 2018, it could still be a couple of months before we finish primary wave 4th and start primary wave 5th. The target of primary wave 4th on XRP should be the area of wave 4th of one lesser degree, which should be between $0.12 and $0.46 USD. After that a 5th wave higher should arrive, one that could take XRP above the level of primary wave 3, which where $3.60 USD. Still, a lot of money to be made in the long run from current levels, even if it where to go down in the short term.

Good Luck to You
Comment:

Primary Wave 5 has started, today we are having the biggest rally, with the biggest volume we had ever since September 2018. The odds are pretty big that the next Primary Wave has started.

It could last 6 weeks, maybe more, maybe less, and I will be expecting it to go above Primary Wave 3, which means, it should go above $3.60 dollars.

Good Luck to You
Trade closed: stop reached

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