XRPUSD seems to have completed its correction. We can assume this to be a running flat correction as price seems to have failed a complete distance of (a). As can be seen on the chart, both (a) and (c) lie on the ascending support extended from the impulse of the third wave. Also, (a) was a perfect retracement of the .50 fib and (c) was a perfect retracement from .382 level with the ending of the wick at .786 of (a).
With this bullish skew, we can expect a very strong impulse to the upside. My price target on XRP is $12. I will continue updating this chart as price unfolds as has been.
I highly recommend you to review my initial ideas and updates in the links provided below.
Please show your support by leaving a like or comment below and follow for more updates.
Thanks
Good luck trading.
With this bullish skew, we can expect a very strong impulse to the upside. My price target on XRP is $12. I will continue updating this chart as price unfolds as has been.
I highly recommend you to review my initial ideas and updates in the links provided below.
Please show your support by leaving a like or comment below and follow for more updates.
Thanks
Good luck trading.
