The first XRP #ElliotWave * is coming to an end. Expect a retracement. With millions of XRP, the whales will sell it at this level and buy it cheaper again.
* Elliott Wave Theory is a form of technical analysis that helps traders identify and predict market trends by analyzing price patterns. It's based on the idea that market movements follow a specific five-wave pattern of waves, driven by changes in investor psychology.
Trade active
Keep an eye on 1.05
Short below 1.035
TP: 1.01, 0.98, 0.91
SL: 1.06+
Trade closed: target reached
If 1.035 level will stands, it might become the beginning of the second upward wave.
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