Ripple (XRP) is looking good so far on a corrective phase! bounce is coming soon!

in cryptocurrency •  7 years ago  (edited)

Screen Shot 2018-01-23 at 2.38.00 PM.png XRP has been riding down after it hit ATH (all time high), this is completely normal to see a massive retracement so don't panic!, always keep in mind that what goes up always comes down, XRP is now nearly done on a 1-2-3-4-5 corrective waves, as you guys can see now we're in the 4th wave riding down to the 5th wave to finish the correction phase! i expected the 5th wave retraces 1:1 so it would be on 0.85$, so my recommended buy zone would be 0.96$-0.81$ (green box). Most Alt coins patterns are following BTC charts so for so keep that in mind! we would see a bounce on 26th Jan. after CME's futures contracts are closed.

Legal Disclamer : I am not a financial advisor these technical analysis are based on my thoughts only, I am not responsible on any of your investments, please do your own researches before making any investments/trades.

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Will XRP Reach to 3-4 USD ????

would be 4.5-6$ ranges mid-term, detailed targets analysis are coming soon!