XRP- Second Elliott Wave in process
not advice. these are my personal notes for reference and benchmarking purposes. i'm not a financial advisor.
$3.50 ST target before 2nd abc correction.
then 3rd wave to @ $7.50-$8 in mid-late may.
And XRP has been held back. so its trading fast and hard. Not a big fan of it from a technical perspective but do love how (seemingly thusfar) predictable it's trading patterns have been. I didn't even illustrate the support and resistance lines. But it broke above resistance on a bull pennant 2 days ago, consolidated to retest the resistance as support and is BOUNCING higher and faster.
$3.50 ST target before 2nd abc correction.
then 3rd wave to @ $7.50-$8 in mid-late may.
And XRP has been held back. so its trading fast and hard. Not a big fan of it from a technical perspective but do love how (seemingly thusfar) predictable it's trading patterns have been. I didn't even illustrate the support and resistance lines. But it broke above resistance on a bull pennant 2 days ago, consolidated to retest the resistance as support and is BOUNCING higher and faster.
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