Ripple Elliott Wave technical analysis [Video]
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XRP/USD Elliott Wave technical analysis
Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((1)).
Direction next higher degrees: Wave I of impulse.
Details: The five-wave increase of wave ((1)).
XRP/USD trading strategy
XRP's return to the uptrend, but still in the early stages of the rally Therefore, it will be followed by a short-term correction. It is an opportunity for us to rejoin the trend. So wait for the correction to complete to join the trend again.
XRP/USD technical indicators
The price is above the MA200 indicating an uptrend, the wave oscillator is a bullish momentum.
XRP/USD Elliott Wave technical analysis
Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((1)).
Direction next higher degrees: Wave I of impulse.
Details: The five-wave increase of wave ((1)).
XRP/USD trading strategy
XRP's return to the uptrend, but still in the early stages of the rally Therefore, it will be followed by a short-term correction. It is an opportunity for us to rejoin the trend. So wait for the correction to complete to join the trend again.
XRP/USD technical indicators
The price is above the MA200 indicating an uptrend, the wave oscillator is a bullish momentum.
XRP/USD Elliott Wave technical analysis [Video]
Author

Peter Mathers
TradingLounge
Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.




