XRPLong
First $XRP wave is coming to its final
Updated
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.
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.
If no, follow the above suggestion - SHORT
TP: 1.01, 0.98, 0.91
SL: 1.06+
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.