Ripple (XRP/USD) – Bullish Sequence – Elliott Wave Count


Ripple (XRP/USD) – Bullish Sequence – Elliott Wave Count

Ripple (XRP/USD) is presenting a possible Bullish Sequence as per the current Wave Count.

Corrective Structure reflects a Complex Double Three, with a last piece remaining to unfold.

However, according to other structures this sequence can take, XRP/USD could be a good BUY at these times.

Those who are holding could see $5.75 in 2018 or even more. While some are expecting $20, I would be OK with $5.75, let it go there and we’ll see later.

From $0.938 we could easily see a $1.65 / $1.80 and a reaction would be analyzed at these levels as the last fall could not come anymore and XRP/USD could punch through the ceiling.

Verdict: Bullish

Daily Chart (picture):

Daily Interactive Chart:

Many pips ahead!

1 Comment

  • admin
    (March 11, 2018)

    Ripple (XRP/USD) is unfolding a very possible Flat Pattern in Minor B (orange), which could confirm the Major BUY Level of 0.40000

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