ElliottWaveBelgium

XRPUSD - Are we going to see the bulls take control ?!

Well, it seems XRP might just have finished the last wave 5 of C of Y.
In that case, expect euphoria to take over again.

Even tho I would like price to fall to one of the green marked level (Fib 100% 5v4, 61.8% YvW, 161.8% CvA)

BTCUSD is still the leading force behind all other cryptos, and has still a bit of room to the downside.
Ideally, I would like BTC to fall below the 5000 zone.
If it does, it's taking the other cryptos with it, XRP included.

Therefore, I stopped 3/4 of my sell orders and am on hold for the moment.
For my bullish view to be confirmend I would like price to make some higher highs and higher lows and see the sentiment of retail traders turn totally bearish.
Commento:
I love the volatility of cryptos !!!

1.20 doesn't seem so bad right now.
BUT, divergence building, therefore I expect price might fall again, hopefully below 0.20 !


Commento:
Price fell as expected but did not break the support zone and started carving it's way higher in a, I believe, 3waves move.

Commento:

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