XRP is pushing up, and, theoretically, we may identify potential reversal waves and price action.
What is important now for the upside, is to see the overlap of the price with the key level shown on the chart. Such overlap will negate the potential impulse down in five waves (according to the EW principles, wave 4 of the impulse should not enter the territory of the wave 2).
If it happens, we get the next confirmation of the trend change - making two consecutive higher highs against the higher lows on the short-term chart.
Let us see what happens next.
See also my prior posts re XRP.
What is important now for the upside, is to see the overlap of the price with the key level shown on the chart. Such overlap will negate the potential impulse down in five waves (according to the EW principles, wave 4 of the impulse should not enter the territory of the wave 2).
If it happens, we get the next confirmation of the trend change - making two consecutive higher highs against the higher lows on the short-term chart.
Let us see what happens next.
See also my prior posts re XRP.
