Ripple (XRP): An Expanded Flat Could be Nearly Complete

in #ripple7 years ago (edited)

SUMMARY

For anyone who missed today's BitcoinLive Information Webinar, here is the replay link: https://youtu.be/No4frLOz3UE

For a longer scoped perspective of Ripple (XRP), little has changed. The MACD is still well within its symmetrical triangle (blue). However, the lines are contracting and soon there will be near zero mobility of the MACD and in a few days, it'll become very proximal to the apex. What do you think will happen to the MACD?

The closeup view of the short term waves show that since the completion of the red Z wave, an impulse action of up waves have been placed (white). The subsequent and requisite correction is labeled as an expanded flat (ABC). This is because the B wave was a distinct three wave and there not a wave 5. So, the red C wave down should take place in five wave steps. It looks like all waves are complete except for white 5 of red C.

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I think Xrp might go under $0.5. Due to the fact that the whole crypto market is sleeping. Xrp had so many good news, it still didn't go anywhere.

before the pump in 2017 xrp was just a line in the chart .. mabee its the same today .. i buy at low points .. under 0.5 would be perfect .. :-)

Nice post. Although i do know very little about the wave theory. I will go through the links for more information. Thanks

The pair is currently placed nicely in an uptrend and it could extend gains above $0.7100 in the near term

The purpose of having present value is necessary and respects trust with more issues :)

Why doesn’t Haejin cover XLM?

Expecting XRP to move in an upward trend in a few weeks. A lot of institutional backing for this one and rumors of apple partnership as well. Dont hold any though

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS12.843$-5.55%-8.57%
QAUQuantum0.162$-4.22%-5.97%
WAVESWaves5.493$-8.7%-17.63%
XRPRipple0.670$-3.04%-9.36%

Ripple will go down to 0.5 soon, and that will be the time to stack as much as we can, cause later on it will certainly moon! Just HODL and have faith :)

Watch "Ripple XRP Coinbase connection Pt2 . Ripple buildup to Xpring..CKJ Crypto News" on YouTube

True steemit fact: @berjin holds 183,000 XRP. MOON BABY!