XRP mini analysis
Elliot Wave & Fibonacci:
Possible [end of] Major wave 2
Testing Fibonacci target
If target support broke then there's a high chance that recovery will not be possible in the short-medium term.
Trend: Bearish
ACZ: Bearish
No Signal
Summary. Watch support, if support holds then it might be a good I dea to get in a long position, otherwise look elsewhere.
Possible [end of] Major wave 2
Testing Fibonacci target
If target support broke then there's a high chance that recovery will not be possible in the short-medium term.
Trend: Bearish
ACZ: Bearish
No Signal
Summary. Watch support, if support holds then it might be a good I dea to get in a long position, otherwise look elsewhere.
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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.