XRP Price Is Still Missing Its 5th Wave, Why A Rally To $27 Is Still Possible
The XRP price appears to be approaching one of the most critical technical phases in its long-term structure, according to a new analysis shared by EGRAG CRYPTO. The analyst, known for his bullish takes on XRP, says the cryptocurrency is still “missing the fifth wave,” implying that the next leg could push its price far […]
Related News
The bitcoin price fell sharply today but holds above $700 support. Sell-offs will happen and we look for support levels that will provide support for building the next wave of advance. A sizeable $70 drop in the Bitstamp chart, today, as speculators took profit for various reasons: end-of-week, futures settlement, technical signals or just plain caution. Bitcoin price has covered just over $200 and 1,300 CNY during the past week – a large distance and encouraging advance. It is unclear how deep the current pullback will decline. Price is well above support at $680 but is some distance away....
During yesterday's session news of the US Marshall's auction of 50,000 BTC belonging to Ross Ulbricht, caused the market to abandon the remaining few dollars to a $250 wave conclusion and to start selling into wave C early. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 14h30 UTC. Bitfinex 15-Minute Chart. From xbt.social: The wave count has been reworked. The distance from $246 (the high of this structure) to $250 (as projected yesterday) is small and in the larger swings of the market it is....
Crypto pundit Nick has explained that XRP holders are too focused on price rather than on the massive adoption the altcoin is seeing. He noted that these adoptions are stacking and would, at some point, serve as catalysts to send the altcoin to new highs. Pundit Says XRP Holders Are Missing The Adoption Wave In […]
Crypto analyst Austin has commented on how XRP could record a 1,500% rally to $24 based on an Elliot Wave theory. He also stated that the rally will be swift, which is why the analyst warned investors to be prepared when the current correction is over. XRP Eyes 1,500% Rally To $24 as Analyst Warns Investors To Be Prepared In an X post, Austin shared an accompanying chart showing that XRP could rally to $24 on Wave 5 of an Elliot Wave analysis. Meanwhile, the altcoin is expected to reach between $8 and $14 on Wave 3, which the analyst expects to happen anytime soon. He remarked that XRP is....
Crypto analyst XForce has again alluded to the 5-Wave count to show when the XRP Price is likely to hit a new all-time high (ATH) above $5. As part of his analysis, the analyst also declared that there is no reason to be bearish on the altcoin at the moment. XRP To Rally Above $5 Based On 5-Wave Count In an X post, XForce shared an accompanying chart that showed that XRP could rally above $5 on the Wave 3 impulsive move to the upside. The altcoin could even rally to double digits and touch $13 on this move. The chart also showed that XRP will reach this target by year-end or early next....