FateTrader

XRP Tea Leaves Reading 15.04.2018 19:26 UTC

BITSTAMP:XRPUSD   Ripple
Short term analysis for the next few days.

I've updated my count and it looks like a 3-3-5 Flat ABC structure is forming, additionally price is holding strongly above the 0.236 Fib retracement level and thus wave C may not drop as far down as I previously expected. I have 3 consequent buy zones. I expect 0.382 level as highly possible and maybe even 0.5, 0.618 seems unlikely at this point, but this may change on Monday.

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