Get started
MetaShackle

XRP Head & Shoulders + Wave Count Chart.

Long
XRPUSDT SPOT (BYBIT:XRPUSDT)  
MetaShackle  
BYBIT:XRPUSDT   XRPUSDT SPOT
Trend Analysis Chart Patterns Wave Analysis xrpl xrp xrpusd XRPUSDT XRPUSDC headandshouldersformation headshoulders wavetheory waves
6
0
trendanalysis chartpattern waveanalysis xrpl xrp xrpusd xrpusdt xrpusdc headandshouldersformation headshoulders wavetheory waves
XRP is currently in an ABC correction pattern that is forming a perfect Head & Shoulders pattern. If price action continues to drop, I expect it to hit the lower range of the descending wedge indicated by the purple box, which could act as a launching pad for the next wave up.


Good luck, and always use a stop-loss!
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.