XRP approaching resistance of 8500 satoshis. If it breaks final Elliott wave is possible. A lot of good news appeared for XRP lately.
Target 11k satoshi.
Transakcja zamknięta: osiągnięto wyznaczony cel
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Target reached at 11k. the next is 13k.
Transakcja zamknięta: osiągnięto wyznaczony cel
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The second target reached. I closed the trade at 13k. It seems overbought now. RSI is over 80 on the daily chart.
Komentarz
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ripple (xrp) reached extreme hights because of the positive news. I think that it is overbought and retrace to 125k is possible.
Transakcja zamknięta: osiągnięto wyznaczony cel
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As I predicted ripple was really pumped too much, and retrace happened. One more correction wave is possible. I think that the next period will be period of consolidation.