XRP rose significantly after our last update and even surpassed its July highs at times. Should this upward momentum now continue above the resistance at $0.9479 (probability: 45%), we should already see the coin in the magenta-colored wave alt. (D). However, we are not yet convinced of this option and are thus allowing the same-colored (C) wave to continue below the support at $0.2874.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.