StefanBode

Ripple - Bullish Motive Wave?

BITSTAMP:XRPUSD   Ripple
What's exciting is that with Ripple for the first time since a 3/4 year, one of the top 5 has developed contrary to the bitcoin price trend. Could the trend reversal in the crypto area be slowly ushered in or is this still premature wishful thinking?

In any case, Ripple has hit the possible turning point with a starting impulse due to the brilliant chart technical breakout and thus the ripple could already be in wave 4 of the 1. The breakout to 0.7644 dollars would have been the wave 3 of the wave 1. After a quick correction to the range of 0.40 in wave 4, in wave 5 it should go up to area 0.80. Depending on how dynamically the next few days develop, there will be a better prognosis ability for the further goals after completion of the pattern.

Best regards

Stefan Bode

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