XRP at a critical range
Updated
With the current price action, and that we retraced back to retest the horizontal macro resistance (highlighted in pale yellow) that as of the time being acts as support, I think this could be counted as wave (1) instead of (3) with a truncated sub-degree wave 5 failing to exceed the price territory of wave 3 for (1). The smaller timeframes have the supporting 5-3-5-3-5 subwave counts.
The rest of the count was updated to reflect the trend.
However, with the macroeconomic situation, I am keeping an open mind for a different count probably to the downside..
The rest of the count was updated to reflect the trend.
However, with the macroeconomic situation, I am keeping an open mind for a different count probably to the downside..
Trade active
en route :3Trade closed: target reached
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