XRP USD 7 - 14 day wave pattern
7-14 day outlook / short term trend
wave 1= breakout to 1.10 (short term target 3 set last month)
wave 2= pattern has held a pennant as suggested by 2017 fractals (previously outlined in white triangle)- from today forward probable low in this pennant is 0.9200
wave 3=breakout target 1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
possible april 11-13
wave 4=target zone 0.86-0.59617
correction range large variance
high=0.86/probable support (long term support trend)
low=0.59617 is the 0.50 FIB level on 4 yr trend based fib extension
wave 5=target zone 6.20
possible april 16 - april 20
wave 1= breakout to 1.10 (short term target 3 set last month)
wave 2= pattern has held a pennant as suggested by 2017 fractals (previously outlined in white triangle)- from today forward probable low in this pennant is 0.9200
wave 3=breakout target 1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
possible april 11-13
wave 4=target zone 0.86-0.59617
correction range large variance
high=0.86/probable support (long term support trend)
low=0.59617 is the 0.50 FIB level on 4 yr trend based fib extension
wave 5=target zone 6.20
possible april 16 - april 20
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.