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XRP Wyckoff Accumulation LPS Phase
From the chart, it is apparent that XRP has been in Wyckoff Accumulation for some time now, and is likely in the LPS (Last Point of Support) phase.
XRP appears to be completing the C leg downward of an ABC correction, which will either end as an LPS, or which might unexpectedly drop into a Spring.
ABC correction with Elliot Wave counts are shown for those interested.
Not financial advice. Just sharing my personal views and analysis.
XRP appears to be completing the C leg downward of an ABC correction, which will either end as an LPS, or which might unexpectedly drop into a Spring.
ABC correction with Elliot Wave counts are shown for those interested.
Not financial advice. Just sharing my personal views and analysis.
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