XRP/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave III.
Direction next higher degrees: Wave III of Impulse.
Details: Five-wave rise of wave III.
Ripple/ US Dollar (XRPUSD) Trading Strategy: Overview remains in an uptrend, with an impulsive rally, we are now in the fifth wave, which is incomplete, so the price is likely to continue to rise. Look for a rebound from the uptrend.
Ripple/ US Dollar (XRPUSD) 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 III.
Direction next higher degrees: wave III of Impulse.
Details: Five-wave rise of wave III.
Ripple/ US Dollar (XRPUSD) Trading Strategy: Overview remains in an uptrend, with an impulsive rally, we are now in the fifth wave, which is incomplete, so the price is likely to continue to rise. Look for a rebound from the uptrend.
Ripple/ US Dollar (XRPUSD) Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Ripple Elliott Wave technical analysis [Video]
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