Technical analysis by SMShehab about Symbol XRP: Buy recommendation (5/5/2024)

- EWP 7y Full Corrective cycle finally completed. - Near perfect Macro EWP ABCDE Symmetrical Triangle Complete - Macro E unfolded in expected lower scale ABCDE pattern over the past few months, now concluded. - Expecting a 5-Wave EWP Impulse in the coming days/weeks/months with an exponential upside move. - Global Liquidity supports the view with a ABCDE Falling Wedge Pattern near completion, expecting liquidity easing, further supporting exponential moves across risk assets.Finally.. the the next phase begins!