Hey lets take a closer look at XRP's PA
As for many other altcoins we can see XRP has finished the last subwave of its bigger ABC correction since april '21 with a clear ending diagonal (yellow count) setting the floor around 0.27$
But way more important is that 2021 high that blasted through all time 0.382 fib indicating that a reversal is started and even touching the 0.5 fib.
Right now XRP has 2 overhead resistances red and green channels,
Be sure to have the red one flipped with a bang and ideally rallying right into the green resistance around the 0.236 fib @ 0.86
Next contact with the 0.5 fib will directly lead to a test of 0.786/0.886 (2.61$/2.93$)
Surpassing 0.886 without a stop, next station will be 1.272 (4.16$) most likely, alternate reversal area 1.618 (5.27$) before continuation higher
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
As for many other altcoins we can see XRP has finished the last subwave of its bigger ABC correction since april '21 with a clear ending diagonal (yellow count) setting the floor around 0.27$
But way more important is that 2021 high that blasted through all time 0.382 fib indicating that a reversal is started and even touching the 0.5 fib.
Right now XRP has 2 overhead resistances red and green channels,
Be sure to have the red one flipped with a bang and ideally rallying right into the green resistance around the 0.236 fib @ 0.86
Next contact with the 0.5 fib will directly lead to a test of 0.786/0.886 (2.61$/2.93$)
Surpassing 0.886 without a stop, next station will be 1.272 (4.16$) most likely, alternate reversal area 1.618 (5.27$) before continuation higher
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
