XLMUSD - Nothing But A Wave A Zig-Zag...Same As XRP...I've have also meticulously analyzed each fragmented wave forming what seems to be a Wave A Zig-Zag for XLM. (See the XRP idea below to see the differences.)
This analysis hints at a potential downtrend with XLM possibly reaching .02 in the near future.
The intriguing symmetry within this pattern raises questions: will Wave B extend upwards once this pattern resolves? Considering its struggle to materialize, that's a plausible scenario.
However, it comes with the challenge of a nearly 90% drop from current levels.
Keep in mind, this isn't Elliott Wave theory; it's AriasWave, a methodology I developed almost a decade ago.
