Image by WorldSpectrum from Pixabay Elliott Wave Analysis TradingLounge Daily ChartRipple / U.S. dollar(XRPUSD)XRPUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave I of ImpulseWave Cancel invalid level: Details: the five-wave Increase of wave IIIRipple / U.S. dollar(XRPUSD)Trading Strategy:
It looks like the wave (2) correction is complete and the price is still likely to move up. Look for an opportunity to join the wave (3) uptrend.Ripple / U.S. dollar(XRPUSD)Technical Indicators:
The price is above the MA200 indicating an uptrend. The Wave Oscillator is a Bearish Momentum.
Elliott Wave Analysis TradingLounge H4 ChartRipple / U.S. dollar(XRPUSD)XRPUSD Elliott Wave Technical Analysis Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave I of ImpulseWave Cancel invalid level: Details: the five-wave Increase of wave IIIRipple / U.S. dollar(XRPUSD)Trading Strategy:
It looks like the wave (2) correction is complete and the price is still likely to move up. Look for an opportunity to join the wave (3) uptrend.Ripple / U.S. dollar(XRPUSD)Technical Indicators:
The price is above the MA200 indicating an uptrend. The Wave Oscillator is a Bearish Momentum.Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.com
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