I think this clearly shows the Elliot wave patter for XRP. It is not an ABC pattern. If this is correct, buckle up longs.
Kommentera:
This would also explain why XRP is taking longer to pump. It took 16 days from the low in 2017 to the breakout of the wedge. For 2020 we are out 220 days since the low. The pattern is a repeat on a massive scale. It is so massive, the similarity was not obvious. It actually seems ridiculous to compare, but you can see the graphs above.
Kommentera:
Remember this chart? This is why wave 2 is so important to understand. 2018-2020 is a repeat to this point. An ABC would have been a divergence from the repeat. A wave 1 and 2 would be a continuation.
