XRP is repeating the same pattern of consolidation before next run. XRP is finishing to consolidate and will enter a new run very soon.
I also mention into the graph idea an Eliott Wave which can make us think that it will be the last run before a clean correction (the peak of 3.81$ would be the 5th point of an Eliott Wave).
If we have the same volumes as the same run I don't think It will go futher than the TARGET (of 3.81).
Another option would be similar volumes to the previous run of 2.35$. In this case, we can imagine a break of the 4$ but we will need huge volumes.
So the reasonable take profit is 3.81$.
TARGET : 3.81$
This is just an idea, not a trading advice.
I also mention into the graph idea an Eliott Wave which can make us think that it will be the last run before a clean correction (the peak of 3.81$ would be the 5th point of an Eliott Wave).
If we have the same volumes as the same run I don't think It will go futher than the TARGET (of 3.81).
Another option would be similar volumes to the previous run of 2.35$. In this case, we can imagine a break of the 4$ but we will need huge volumes.
So the reasonable take profit is 3.81$.
TARGET : 3.81$
This is just an idea, not a trading advice.
Trade attivo
Nota
Explained Eliott Wave : Trade chiuso: stop raggiunto
XRP broke the pattern by overpass the orange support line.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.