Seems we do not have a dedicated thread to discuss analysis on XRP market yet; hence, I just created one.
Feel free to share your charts related to XRP market here.
Lets start with mine; XRPUSD
1. If we take the whole data into account (monthly timeframe), I believe we are building up final wave (5) before multiyear correction.
2. Weekly chart shows that the Wave 2 of 5 looks prime and about to start Motive wave 3 aiming $11.The wave 1 of 3 of 5 (I labelled it as A (yellow line) to avoid confusion) is heading toward $1.4. Note that, I will update the targets whenever we have new data from the swings.
Feel free to share your charts related to XRP market here.
Lets start with mine; XRPUSD
1. If we take the whole data into account (monthly timeframe), I believe we are building up final wave (5) before multiyear correction.
2. Weekly chart shows that the Wave 2 of 5 looks prime and about to start Motive wave 3 aiming $11.The wave 1 of 3 of 5 (I labelled it as A (yellow line) to avoid confusion) is heading toward $1.4. Note that, I will update the targets whenever we have new data from the swings.