XRP is in an interesting technical situation. The B-wave within the larger wave (2) appears to have extended. This means that the price is currently consolidating within a more complex correction pattern – a pattern often observed before stronger movements. For traders using Elliott Waves, this could be a relevant clue to watch the next support and resistance levels. The further development will show whether the correction will be completed soon.
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GasGuru
· 4h ago
Uh, Elliott Wave Theory is back again. Every time they say it will break through, but it still just consolidates.
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LayerZeroJunkie
· 19h ago
Buddy, is the Elliott Wave pattern back again? Alright, I'll wait and see when XRP breaks through.
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ChainWanderingPoet
· 19h ago
XRP's recent consolidation is quite interesting. The Elliott wave pattern definitely looks like it's gearing up for a major move.
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TideReceder
· 19h ago
It looks like the Elliott Wave Theory is about to start bottoming out again. Can this time be different from a false breakout?
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AltcoinTherapist
· 20h ago
XRP is playing that complex correction wave again, Elliott fans are starting to get restless.
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BearMarketSurvivor
· 20h ago
Is wave theory reliable this time?
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degenonymous
· 20h ago
Wait a minute, is Elliott Wave starting to play tricks again? The most feared thing when you don't understand is this kind of "complex correction pattern," and nine times out of ten, it's the night before a major wave.
XRP is in an interesting technical situation. The B-wave within the larger wave (2) appears to have extended. This means that the price is currently consolidating within a more complex correction pattern – a pattern often observed before stronger movements. For traders using Elliott Waves, this could be a relevant clue to watch the next support and resistance levels. The further development will show whether the correction will be completed soon.