Ripple - XRP Quick Analysis | 24 April 2018
Unmistakably, XRP broke upwards as we discussed in the previous analysis. Make sure to check that out in Related Ideas section.
Here's a quick look on XRP. There is a strong resistance around 0.93 region. In the comming up hours we are going to test this resistance, if we would be able to break this line, we can confirm the start of wave 5.
Because wave 3 extended less than x1.618 of wave 1, we can expect wave 5 to at least reach x618 of wave 1 to 3.
Target : 1.13 - 1.14 $
Here's a quick look on XRP. There is a strong resistance around 0.93 region. In the comming up hours we are going to test this resistance, if we would be able to break this line, we can confirm the start of wave 5.
Because wave 3 extended less than x1.618 of wave 1, we can expect wave 5 to at least reach x618 of wave 1 to 3.
Target : 1.13 - 1.14 $
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