Dominance will correct & rise again OR break the trend & fall ?
at the moment the move seems to me corrective and it will rise again to make wave 5 to complete all waves and it will fall
watch the trend line if breaks that’s mean all waves complete
huge bullish divergence ( over 120 days to made )
the price making lower low but the RSI making higher low
should didn’t break the trend on rsi to go higher
i think that’s the time for XRP to make massive retrace and it will go before many altcoins
buy xrp before any altcoins
final target 6000-6200 ( i will update when the price go )
sl if breaks the previous...
seems to me it finished his correction ( or will soon ) after 800 days of bear market
it face the first weekly support area and makes 2 daily candle ( inverted hammer ) seems the price try to reverse
we have a little bullish divergence on RSI and huge on at MACD
it’s ready now for reversing his trend
we will see the price action on weekly candle after few days...
now dent in the bottom of falling channel , we need the price didn’t break 3 sat
now good opportunity to buy at 4 sat
we have good bullish divergence on rsi
sell 10-16 , if it break the channel to upside hold it for more profit