XRP vs USD (30m)

 

At the moment, I believed market in progress to perform a correction to complete either wave c in aqua or magenta. A valid reversal diagonal triangle pattern and a breakout to the lower trendline would bolster this scenario. Otherwise we may see another bullish rally to complete wave 5 in yellow. Stay safe and good luck.

XRP vs USD (30m)

Hi all traders and friends. Its been a very long time since my last post. I am very busy and have no time to update my elliot wave forecast. But anyway, recently my friend asked about my EW analysis at XRPUSD. So hereby I would like to share about my EW forecast for XRPUSD.

Preferably, I believed market will retrace to perform wave 4 either in yellow or magenta before another bullish continuation to complete wave 5 before another major bearish continuation rally to complete a major wave 5 (below usd 0.5) Otherwise we may see another bullish continuation rallt to complete an extension of wave 3 in aqua. Stay safe and good luck.