XRP Update
Price has finally broken through my upper trendline, and if it can breach our prior high of $2.90, confirms the triangle. Technically speaking, this could still be a part of the D wave, but that is not my primary.
Here are some article titles I am seeing regarding XRP:
1. "XRP price eyes 60% gain ahead of Gary Gensler's SEC"
2. "Whale Alert tracked the withdrawal of 24 million XRP, worth about $60.63 million"
3. "XRP Skyrockets 80% in Volumes; Is Bigger Move Coming?"
4. "Spot XRP ETF to Be Approved This Year, According to Top Analyst"
These all point to the move that I have been predicting for some time now. Remember, EWT doesn't predict the why or when of moves, but the how's. Kinda funny how this news is starting to come out right at the right time causing price to begin moving up huh? Needless to say, I am still of the mind that we're headed to the target box in the near future. Rather that is still a few weeks out or happens this upcoming week. EWT dictates that price is headed to this box for completion of intermediate wave (3).
Depending on the structure when (if) price makes it to the 1.0 @ $3.42, I plan on starting to exit my position in waves. Currently I hold 1000 shares @ an average price of $0.65 cents or so. That would mean I am looking forward to a profit of 450%-500% at a minimum.
Here are some article titles I am seeing regarding XRP:
1. "XRP price eyes 60% gain ahead of Gary Gensler's SEC"
2. "Whale Alert tracked the withdrawal of 24 million XRP, worth about $60.63 million"
3. "XRP Skyrockets 80% in Volumes; Is Bigger Move Coming?"
4. "Spot XRP ETF to Be Approved This Year, According to Top Analyst"
These all point to the move that I have been predicting for some time now. Remember, EWT doesn't predict the why or when of moves, but the how's. Kinda funny how this news is starting to come out right at the right time causing price to begin moving up huh? Needless to say, I am still of the mind that we're headed to the target box in the near future. Rather that is still a few weeks out or happens this upcoming week. EWT dictates that price is headed to this box for completion of intermediate wave (3).
Depending on the structure when (if) price makes it to the 1.0 @ $3.42, I plan on starting to exit my position in waves. Currently I hold 1000 shares @ an average price of $0.65 cents or so. That would mean I am looking forward to a profit of 450%-500% at a minimum.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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