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$XRP
Next Wave Could Be Violent! ๐จ
Do you see how nicely we're following the purple scenario? ๐ฃ๐ค
During Friday's livestream, I highlighted the importance of the $1.09 level we were testing at the time. I explained that it would likely provide a small reaction for subwave 2, and that's exactly what happened! ๐ฏ
๐I also warned that any bounce would likely have a strong rejection, and now price is right back to the macro support.
Critical time in the market to confirm purple plan to $0.87 support. I believe the next wave is a break toward $1.00, giving Binance an opportunity to retest its own macro .786 retracement (subwave wave 3 down).
The subwaves continue to develop as expected and still point toward the $0.87 macro support.
#XRPโ #XRPcrypto
Next Wave Could Be Violent! ๐จ
Do you see how nicely we're following the purple scenario? ๐ฃ๐ค
During Friday's livestream, I highlighted the importance of the $1.09 level we were testing at the time. I explained that it would likely provide a small reaction for subwave 2, and that's exactly what happened! ๐ฏ
๐I also warned that any bounce would likely have a strong rejection, and now price is right back to the macro support.
Critical time in the market to confirm purple plan to $0.87 support. I believe the next wave is a break toward $1.00, giving Binance an opportunity to retest its own macro .786 retracement (subwave wave 3 down).
The subwaves continue to develop as expected and still point toward the $0.87 macro support.
#XRPโ #XRPcrypto
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