Elliott Wave Technical Analysis: XRP Crypto Price News Today - Wednesday, April 17

Flat design cryptocurrency concept

Image Source: Freepik
 

XRPUSD Day  Crypto Chart
XRPUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Triangle
Position: Wave E
Direction Next higher Degrees: wave 4 of Impulse
Wave Cancel invalid level: 0.486
Details: the Moved in Triangle Before Increase again.

XRPUSD H2  Crypto Chart
XRPUSD Elliott Wave Technical Analysis
Function: Follow  Trend
Mode: Motive
Structure: Impulse
Position: Wave 4
Direction Next higher Degrees: wave C of Zigzag
Wave Cancel invalid level:
Details: A short-term pullback in wave 4 before falling again in wave 5.

Crypto24(1).thumb.png.1bf70fe12c3b6373d432842841dcaeb8.png

Crypto24(2).thumb.png.e1e5482069483ff4825dd5649938faf8.png

Technical Analyst: Kittiampon Somboonsod


More By This Author:

Market Movements Decoded: Elliott Wave Analysis For Bitcoin, USD, And Commodity Yields In 2024
Elliott Wave Technical Analysis: Salesforce Inc.
Elliott Wave Technical Analysis: VeChain Crypto Price News Today

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with