SalJ

SalJ

XRPUSD to rise towards point E to complete the pattern before starting a move down

SalJ

Short position on XRPUSD until 0.329 before a rally to the upside

SalJ

XRP has been in a bit of a triangle for some time... question is now... is that an ABCDE or a double top at the end?

SalJ

Possible reversal candle for the week before continuing with wave 3

SalJ

XRP to follow bitcoin in a correction down to the 85% level as is also supported by the reversal candles from Oct 4th onwards.

SalJ

Bitcoin to make a possible correction down to the 50% level which is also the previous high before starting wave iii of 3 that goes to 100k and beyond by the end of the year.

SalJ

Anyone care to shed light on where XRP is headed? Seems likely to hit 0.38 but do you think it would form a lower bottom?

SalJ

So it looks like we have almost made it to the bottom to have a complete wave count as a correction down to 0.618 Fib. With a little bit more space around the area until 26k, it would be reasonable to assume at this point that a new elliot wave cycle would come into action very soon to continue the upward momentum to new highs.

SalJ

27K Btc is a near possibility with 0.618 fib being the target... that is where the bottom is in.

SalJ

Here is how i see the chart. Possible pause to the rally in the 14000s this year which, if broken, leads to a lot more upside. Do take note of the inverted HnS.

SalJ

The grand daddy of all XRPUSD charts. Long.