Hello Everyone.
I want to share my idea for future of XRP.
This is not financial advice, just pointing out my observation, feel free to comment of disagreement or like if you agree with my idea.
Doing Elliot wave count on daily time frame, I can safely assume we about to face a major pump for XRP and many other coins, as we all call it an ALT season.
Here is few...
Guys, If anyone reads this, just a piece of information. And my Idea, and what i am sticking to.
BTC finished 5 Waves.
Topping at 69k.
Why Am I thinking this way?
By Elliot Wave Theory
• Wave 2 is typically 50%, 61.8%, 76.4%, or 85.4% of wave 1
• Wave 3 is typically 161.8% of wave 1
• Wave 4 is typically 14.6%, 23.6%, or 38.2% of wave 3
• Wave 5 is typically...
I have been watching market.
And Doing Elliot Wave count.
After Previous Major XRP Correction you can pin point ABC correction, which I can safely assume, that XRP did Wave 2 Correction.
We have major pump coming.
As we all know with in Elliot waves we have smaller Elliot wave.
Please take a look at my Idea and Let me know if you agree with my wave count.
From...
XRP keep rejecting from Upper resistance line of Accending pennant... which is bearish pattern...
if we break support... are we gonna test 4H 200 EMA? which is gonna be aroud 72 cents...
Because 1H 200 EMA hugs bottom accending support
