gz1968

XRP 7 wave capitulation structure

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BITSTAMP:XRPUSD   瑞波幣
I found a 7 wave capitulation structure playing out for XRP. This is not Elliott based. It is a pattern discovered by Blockchain Backer (BC).
In this chart, there is a double pattern. BC had mentioned that within the seventh wave itself, a complete mini 7 wave structure often forms. Which seems to be occurring for XRP. If so, the bottom is not in for XRP.

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