ريبيلشراء
Elliott Waves And Price Prediction
Points:
-Since the retracement from $2 to $0.5 fell below the wave 1 high (by 36.5%), that invalidates the pump to $2 being the 3 wave. Therefore the pump to $2 was the first wave of wave 3.
-ETH 50x'd in it's 3 wave, ADA 32x'd and BTC 16x'd. If the pump to $2 was the 3 wave, XRP would've only done a 10x making it more unlikely that said pump was the 3 wave.
-XRP is a known lagger, making it likely that XRP hasn't hit it's 3 wave yet while other coins have.
-Wave 1/2 of wave 3 have been completed, as shown by the 5 impulse waves up (orange) and the ABC correction down (blue)
-With the lawsuit holding XRP's price potential back, we could easily see XRP hit $27 as the price goes parabolic when settlement news releases, especially if the news of a settlement comes during the 3 wave or 5 wave.
-If the 3 wave hits the 2.272 extension and retraces to the 0.382 then the 5 wave hits the 1.618, the price target of $27 would line up with the market cycle fib (Bull mkt top/Bear mkt bottom) of 1.618 AND the wave 5 1.618 fib EXACTLY.
Chart:
Main waves:
-Purple boxes
-Purple wave lines
Sub waves:
-Black boxes
-White lines
-Since the retracement from $2 to $0.5 fell below the wave 1 high (by 36.5%), that invalidates the pump to $2 being the 3 wave. Therefore the pump to $2 was the first wave of wave 3.
-ETH 50x'd in it's 3 wave, ADA 32x'd and BTC 16x'd. If the pump to $2 was the 3 wave, XRP would've only done a 10x making it more unlikely that said pump was the 3 wave.
-XRP is a known lagger, making it likely that XRP hasn't hit it's 3 wave yet while other coins have.
-Wave 1/2 of wave 3 have been completed, as shown by the 5 impulse waves up (orange) and the ABC correction down (blue)
-With the lawsuit holding XRP's price potential back, we could easily see XRP hit $27 as the price goes parabolic when settlement news releases, especially if the news of a settlement comes during the 3 wave or 5 wave.
-If the 3 wave hits the 2.272 extension and retraces to the 0.382 then the 5 wave hits the 1.618, the price target of $27 would line up with the market cycle fib (Bull mkt top/Bear mkt bottom) of 1.618 AND the wave 5 1.618 fib EXACTLY.
Chart:
Main waves:
-Purple boxes
-Purple wave lines
Sub waves:
-Black boxes
-White lines
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.