-The 3 wave on the silver chart close above the wave 1 high while the pump to $2 on XRP fell below the wave 1 high by 36% (Green box). This means that the pump to $2 was the wave 1 of wave 3.
-While ETH 50x'd in it's 3 wave, ADA 32x'd and BTC 16x'd, XRP (the most volatile of these) would've only done a 10x.
-XRP is a known lagger, making it likely that XRP hasn't hit it's 3 wave yet while other coins have.
-If the 3 wave hits the 2.272 extension and the 4 wave retraces to the 0.382 followed by the 5 wave hitting the 1.618, the price target of $27 would line up with the market cycle fib (Bull mkt top/Bear mkt bottom) of 1.618 AND the wave 5 1.618 fib EXACTLY.
Chart: Yellow circle- Fake out (higher high/trend reversal followed by immediate crash) Blue Elliott wave- Elliott waves Yellow Elliott wave- Sub waves Purple box- Wave 1/Sub wave 1 White line- Resistance Purple lines- Resistance
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.