XRP looking to fulfill it's ABC Retracement move
after the strong bullish impulsive move.
Overall, the ABC is the bigger picture retracement.
But the smaller wave count projected represents our waves
within waves...
Elliot Impulse Wave pushing to the downside is merely our C
leg of the overall retracement which will push us even lower.
Target: 0.30-0.40 Cents.
If XRP can maintain support at this level of 30-40 Cents we may see
the next impulsive move surpassing what we have recently seen
taking out our previous highs of 80-90 Cents.
For documentation purposes only.
- Metaphysical Trader
after the strong bullish impulsive move.
Overall, the ABC is the bigger picture retracement.
But the smaller wave count projected represents our waves
within waves...
Elliot Impulse Wave pushing to the downside is merely our C
leg of the overall retracement which will push us even lower.
Target: 0.30-0.40 Cents.
If XRP can maintain support at this level of 30-40 Cents we may see
the next impulsive move surpassing what we have recently seen
taking out our previous highs of 80-90 Cents.
For documentation purposes only.
- Metaphysical Trader