You may well be right but hard to do waves on these wild moves! It is correcting after coinbase tweeted
that they are not adding any new coins in near future. Let's see the rally resume after this correction.
Topic: Ripple (XRP) ROI> 1900% in 1 month. A PEQ. REVERSE BEFORE CONTINUING? (Read 134 times)
January 04, 2018, 11:06:47 PM
January 04, 2018, 11:01:52 PM
i think its a waste of time with that centralized approach. and numbers are not very healthy - don't think you need any more indicators
January 04, 2018, 10:59:29 PM
XRP has found cap on $ 3.3
An elliott wave count seems to mark the end of a wave 3, the price has already fallen back around 23.6%, indicating that we can be in the process of wave 4.
For Wave 4, a kickback of 38.2% would be expected (around $ 2.1) but the level of sub-grade 4 of a lower grade is above $ 1.8, a level that coincides with 50% of retreat so it is a level to have very account!
But in the verticality of the impulse I would not be surprised if it fell into a case similar to that of IOTA where a lateral consolidation has had many frustrated selling to the most patients, do not discard then a correction of the shape of a triangle, very much desired by the crypto.
Anyway, there is still one more impulse missing, an impulse that in my opinion could be between $ 4.1 ( 61.8% ) and $ 5.3 ( 100% ).
An elliott wave count seems to mark the end of a wave 3, the price has already fallen back around 23.6%, indicating that we can be in the process of wave 4.
For Wave 4, a kickback of 38.2% would be expected (around $ 2.1) but the level of sub-grade 4 of a lower grade is above $ 1.8, a level that coincides with 50% of retreat so it is a level to have very account!
But in the verticality of the impulse I would not be surprised if it fell into a case similar to that of IOTA where a lateral consolidation has had many frustrated selling to the most patients, do not discard then a correction of the shape of a triangle, very much desired by the crypto.
Anyway, there is still one more impulse missing, an impulse that in my opinion could be between $ 4.1 ( 61.8% ) and $ 5.3 ( 100% ).
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