Quick thoughts on XRP/BTC

XRP BTC


Ripple has had a lot of news lately! It hasn't had nearly the run it once had, but we are definitely trying to find some breakouts for Ripple.

Here are some quick thoughts with some rough wave counts. The biggest resistance will be the 11,500 to 11,600 sat range. The wave count is a rough estimate of how we might get there, if you are planning to trade XRP today (careful because we are having trouble breaking the 55 EMA. But I suppose patience is key). Otherwise, make sure to take note of the breakout region!
Elliott WaveSupport and Resistance

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