In my last post, I mentioned that any positive action can be anticipated in Q4 and that's what we can still expect. While most predict a moon shot any time soon, I think it is likely to take a dip before we start seeing it in Green again - at least for some time. The daily chart shows that XRP is under Wave 4 correction. Tune into 4 hours chart and you see the details. While Subwaves A and B seem to be in place, Subwave C is far from complete. This may be a good time to short XRP before correction completes. The tail-end of Subwave C is also the time of placing buy ladders before Impulse Wave 5 kicks-in.
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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.