thats_me

thats_me

Here's a detailed analysis of XRP on the hourly chart. We clearly had five waves up ( 5 minor waves = 1 major wave up), then we saw an ABC type of correction (major wave 2 = correction). Next seemed like we are about to begin the start of the major wave 3, however, that's failed. In order to attempt to form a major wave, we have to see another ABC correction....

thats_me

Here is a detailed "Elliott Waves" Count and Analysis of XRP for today. Please let me know your thoughts in the comment section. RSI also indicating loss of strength in the market (30' Time Frame), it is shaping a descending triangle and we have to see if the horizontal support holds true.