Ripple XRP - Finally huge opportunity! + Elliott Wave + Channel

  • XRP can finally make an uptrend, we have a local descending channel on the daily chart, which is very close to a breakout!
  • As per my Elliott wave analysis, the ABC correction can be completed, so we there is a great chance for an uptrend.
  • On the RSI indicator we can spot a bullish divergence with higher lows.
  • We haven't retested the massive yellow triangle yet, so we can definitely do it in the immidiate short term.
  • Your profit target can be end of the wave (1) + retest of the triangle + 200MA.
  • Look at my ideas about interesting altcoins in the related section down below ↓
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Bearish Trend LineDescending ChannelDescending TriangleElliott WaveFalling WedgerippleSupport and ResistanceSymmetrical TriangleVolumeXRPBTCxrpusdXRPUSDT