Continuation of original theory.
Xrp bounced nicely off bottom of forming triangle and is now working back to the top of the range within said triangle. Puts us at June before we see any real price action…
A break below $1.89 invalidated the triangle.
A break above $3 needs to retest and bounce higher before we can confirm we are out of the range.
I believe we are in a wave 4 pullback and wave 5 will be the final rally for this alt season around $4-7 dollars.
NFA DYOR.
Xrp bounced nicely off bottom of forming triangle and is now working back to the top of the range within said triangle. Puts us at June before we see any real price action…
A break below $1.89 invalidated the triangle.
A break above $3 needs to retest and bounce higher before we can confirm we are out of the range.
I believe we are in a wave 4 pullback and wave 5 will be the final rally for this alt season around $4-7 dollars.
NFA DYOR.
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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.