Xrpsignal
XRP 4H - Deeper Wave 2Hi everyone,
On the weekly chart we can see a potential Elliot wave forming up.
Wave 2 is in the making and since the price seems to start breaking down/out of this triangle, we might see lower prices before going up again.
Wave 2s can be very deep and this could bring us back to the 90 cent zone what gives a great buy opportunity before we head on Wave 3.
Will post the Weekly chart asap.
Kind regards,
Noel
Is that it? Is Ripple back to greatness? #XRPUSDWe should not be excited by the last rise and think that this is what we are going to return to the climax of the Ripple. Why not? Look at what happened to Ripple between the 17th and the 24th of September. The green candles were very big and it seemed that the Ripple was going to settle above the average moving 200 and then everything evaporated, the Ripple fell back, he lacked power or a real reason to go on.
I'm afraid it might happen now.
For all the speculators I suggest continuing to ride the rising wave because we are only at the beginning.
For all long term investors, I suggest waiting patiently for more positive signs.