Long

XRP/BTC Gearing up for its fifth wave up

Updated

XRP continues to consolidate near the 78.6% retracement, drawn from wave three. We are nearing completion for the Intermediate Elliott Wave in Purple. Wave 5 is approximately equal to wave 1, so we can draw it up to the 1.272 fib extension, at 8169.

I am long on XRP.
Good entry point (2853-2923)
Target exit (8165)
Profit: 286%

Trade active

set stop at 250, in case hell freezes over

Trade closed: stop reached

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