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Technical analysis by VT-2 about Symbol XRP on 10/4/2024

https://sahmeto.com/message/3317696
VT-2
VT-2
Rank: 6239
1.6
،Technical،VT-2

While other coins building finals waves in their correction structures before going up, there is XRP, who had been in a relative consolidation for previous almost 5 years. And now it may soar as big triange completes its formation. Although, it may continue, there is a decent impulse (marked red) with unclear correction. At .44, I suppose, it will be good to stard accumulating long position with targets at 2.0+And, as far as this is a triangle, which occurs on a position of wave 4, here I see one more evidence, that this growth will be the last on the whole crypto market for many years ahead.Pretty sure that correction has started. Most likely target is 1.1000

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$0.53278
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