Ripple - Daily Update - $XRP (Alternative Count "Wave 3")

13 Kas 2020

Bottom Line: Favoring higher against 0.2197.

Key Levels: Below 0.1890, 0.2197, 0.2287 Above 0.3039, 0.3272, 0.3440
Outlook: Considering a second wave correction ended and the early stages of a third wave rally have begun against 0.2197.
Analysis: The less than impulsive wave structure from the current pullback low at 0.2450 keeps us from confirming the end of the setback. For that reason, we can't rule out a further low before the larger advance resumes. At this stage, only very impulsive price action above 0.2675 would shift the odds in favor of a completed correction.

13 Kas 2020

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13 Kas 2020

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13 Kas 2020

Not

XRP - Weekly
Bottom Line: Watching for an eventual break of 0.3440.



Analysis:
Ripple has also been in recovery mode, establishing a pullback low at 0.2287 this past week. For the upcoming week we'll be looking for it to continue to advance, with the next big challenge sitting at 0.3049.

13 Kas 2020

Not

Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.

14 Kas 2020

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16 Kas 2020

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24 Kas 2020

İşlem aktif

6 Ara 2020

Not

Analysis: The break above $0.7941 signals the fourth wave triangle consolidation is complete, and the move puts RIPPLE back on track to challenge the next upside hurdle. The bulls are in control while $0.2193 - wave ii - stays intact as support.

20 Ara 2020

İşlem aktif