XRP Vs Silver
-The 3 wave on the silver chart close above the wave 1 high while the pump to $2 on XRP fell below the wave 1 high by 36% (Green box). This means that the pump to $2 was the wave 1 of wave 3.
-While ETH 50x'd in it's 3 wave, ADA 32x'd and BTC 16x'd, XRP (the most volatile of these) would've only done a 10x.
-XRP is a known lagger, making it likely that XRP hasn't hit it's 3 wave yet while other coins have.
-If the 3 wave hits the 2.272 extension and the 4 wave retraces to the 0.382 followed by the 5 wave hitting 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:
Yellow circle- Fake out (higher high/trend reversal followed by immediate crash)
Blue Elliott wave- Elliott waves
Yellow Elliott wave- Sub waves
Purple box- Wave 1/Sub wave 1
White line- Resistance
Purple lines- Resistance
-While ETH 50x'd in it's 3 wave, ADA 32x'd and BTC 16x'd, XRP (the most volatile of these) would've only done a 10x.
-XRP is a known lagger, making it likely that XRP hasn't hit it's 3 wave yet while other coins have.
-If the 3 wave hits the 2.272 extension and the 4 wave retraces to the 0.382 followed by the 5 wave hitting 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:
Yellow circle- Fake out (higher high/trend reversal followed by immediate crash)
Blue Elliott wave- Elliott waves
Yellow Elliott wave- Sub waves
Purple box- Wave 1/Sub wave 1
White line- Resistance
Purple lines- Resistance
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。