Looks like we are correcting from a beautiful wave 3. XRP is currently in wave 4 and we should not drop past 38% FIB. After touchdown on the 38 (if it makes it that far) fib line we should slowly shoot up to no more than the 100% FIB EXT of wave 3 to complete our 5th wave at around .84/.85 cents. I am just a beginner, but love charting XRP when the Elliot Waves and Fibo are easy to read. Go long to top of wave 5 and get out to maximize gains. Let me know what you guys think. Let me know if Im on the right page or way off :) any comments are much appreciated :)
This analysis is for educational purposes only. Not intended for use in trading. Trade at your own risk.
This analysis is for educational purposes only. Not intended for use in trading. Trade at your own risk.