Why so shy? Ripple has kept to the upper half of the turquoise zone between $0.3747 and $0.1720 so far and has not yet dared to go deeper. However, we expect our crypto-friend to rip into the turquoise zone with gusto, breaking through the support at $0.2874. Below this mark, Ripple should finish wave (2) in magenta and subsequently turn upwards again. There is also a 25% chance, though, for the altcoin to climb above the resistance at $0.5587 directly instead.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.