Ripple is trapped within a large complex correction WXY.
It is possible that we are now in the wave X unfolding as large triangle ABCDE.
Wave E could be over and another drop should follow either to the ending point of wave W (0.127) (blue zigzag)
or to the lower level where Y=W = 0.012 (purple zigzag).
It looks like banking currency is not favored by cryptoenthusiasts.
After correction the pair could hit the previous major top at the 0.39887 mark.
It is possible that we are now in the wave X unfolding as large triangle ABCDE.
Wave E could be over and another drop should follow either to the ending point of wave W (0.127) (blue zigzag)
or to the lower level where Y=W = 0.012 (purple zigzag).
It looks like banking currency is not favored by cryptoenthusiasts.
After correction the pair could hit the previous major top at the 0.39887 mark.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.