XRP/USD [8H]
The pump continues! XRP has also made clean higher-highs. We only consider E to be finished once we puncture (D), as officially speaking E made it a couple pips lower than (C), so it’s valid but also remains suspicious as long as we don’t puncture our buy confirmation.
The potential of XRP remains great, as we are still eyeing a first minimum target of $4.6 at this point.
XRP/USD [8H]
And as expected, XRP is seeing the same bullish momentum today.
Here the 200EMA is also still an obstacle to overcome on the 8H TF.
We are still adamant that price still has potential to go down lower. We have technically made a move lower than Wave (C) and (E) thus can be finished, however it was just a brief wick.
I would personally look only for longs when price crosses wave (D)
Careful, don't overleverage yourselves folks.
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