RIPPLE – 4H UPDATE – The Next BUY Zone ✨
XRP Perpetual Futures Contract BINANCE:XRPPERP
Ripple appears to be in subwave 2 of the bigger wave 3. The subwave 2 is made of an ABC correction, which we can see is being formed.
We are looking for bullish price action at our buy zone to take XRP to atleast the 0.95 level.
Trade Idea:
– Watch for bullish price action at the fib levels indicated
– Once bullish price action appears. enter with stops below the recent lows
– Short Term Targets: 0.9, 0.95
Please note that the ABC correction may become an expanded correction, at which case we will be looking at the 78.6 fib.
See our previous analysis here:
Goodluck!
