XRP/USD (Ripple) correction target 0.59$ before next 5 waves up

in #ripple6 years ago (edited)

Ripple completed the first 5 waves structure at 3.618 (3th wave) and 4.618 (5th wave) levels. ABC correction in progress now.

frQmPHyH.png

Correction target stay around 0.59$ for now ... why?

  1. 1:1 ABC zig zag
  2. 0.5 Fibo retracement sligtly below 1:1 ABC zig zag
  3. Left side support (second screenshot)

Screen Shot 2018-04-14 at 12.43.44.png

Screen Shot 2018-04-14 at 12.45.10.png

Next support zones if 0.59 - 0.58$ didn't hold

Golden Pocket zone
  1. Golden Pocket (0.618 - 0.65 Fibo levels)
  2. Next left side support

Screen Shot 2018-04-14 at 12.49.07.png

0.786 Zone
  1. 0.786 Fibo level
  2. The support of the 1th wave

Screen Shot 2018-04-14 at 12.53.53.png

Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!

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