XRP is in the beginning of Wave 1 on the 1 HR chart. Furthermore, the RSI shows oversold levels, where historically it has marked the beginning of other waves 1.
Catatan
Furthermore, Wave C has either completed its 5 waves, or is currently forming wave 4, after which it should continue the downtrend.
Catatan
Another possibility: As we have an ascending symmetrical triangle, the price might form an ABCDE pattern before actually dropping.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.