Good news for XRP from the Elliot Wave view

Price has formed an impulse up in the form of a leading diagonal, followed by a divergence on RSI.

Watch for the price action at 38% fibo level for the retracement, but the better entry and a typical one for the wave 2 should be closer to 62%.

RSI is approaching 70 level, I would wait for a small divergence at the RSI bottom.

Good luck!
Trend AnalysisWave Analysis

Haftungsausschluss