XRP 5-Wave Count Shows When The Price Will Hit All-Time Highs Above $5
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....
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Bitcoin price sold off from just below $450 to $430. The market may be wondering whether this is the start of a downtrend, but wave analysis shows that the advance has more upside in store. A sell-off has drawn a long red candle in the price chart and retraced advance since Friday. According to the wave count in the chart, bitcoin price is apparently extending its 5th waves and has just completed wave 3 of the larger advancing wave. The current sell-off would count as wave 4, and that implies another advancing wave – wave 5. The 4th wave (today’s sell-off) had targeted the area (magenta....
In its usual time and place in the Bitcoin Price chart, today's wave to the downside was the bears' chance to show their stuff, but - much like the bulls during the prior advancing wave - they just couldn't get out of first gear. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Price Analysis. Time of analysis: 14h29 UTC. BTC-China 15-Minute Chart. From the analysis pages of xbt.social, earlier today: A look at the Bitfinex 15-minute chart and a set of alternate wave counts. The main (grey) count expects two more corrective waves before the....
The market is continuing to break down as we have been expecting on these pages for the past several weeks. While I believe that the bear market will come to an end rather soon, I also anticipate that the market may finish its bear season with a vicious roar. I have stated on more than one occasion that I suspect that $316 will hold (on a daily closing basis). However, it would not surprise me if there were to be an intraday spike low that reached lower in the days ahead. For Elliott Wave reasons, I would be VERY surprised if the price went below $266, even briefly. Elliott Wave has but a....
Bitcoin Trading is proceeding in slow price action as the chart slowly unfolds wave a of an abc wave to the $250 area. Our overall target is $300 / 1900 CNY, but it seems likely price will first correct to the $220 area before advance commences. 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: 13h23 UTC. Bitfinex 15-Minute Chart. From the pages of xbt.social, earlier: The wave count has the current wave as a B wave targeting $257 and 1590 CNY. The target is a magnetic line target (derived from the....
Bitcoin price has held above a significant support level all day, but keeps retesting it as if not sure about moving higher just yet. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h59 UTC. BTC-China 15-Minute Chart. From the analysis pages of xbt.social, earlier today: The 15-minute chart shows the 1.618 Fib extension target identified yesterday, near 1680 CNY / $275, as well as a lower target at 1650 CNY / $264 - indicated with a....