Enough correction, XRP!
The corrective wave was long enough that it formed a parallel channel downwards. As of a few hours ago, XRP tested the lowest bounds of the channel at around 0.44.
This still keeps the count for an ABC correction for Wave II valid.
Now, if the overall market sentiment doesn't go south, we are primed for Wave III!
This still keeps the count for an ABC correction for Wave II valid.
Now, if the overall market sentiment doesn't go south, we are primed for Wave III!
Order cancelled
Nope.HUGE invalidation for the shorter timeframe count.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.