#Ripple (#XRP ) 🇺🇸 Overview of Cryptocurrency Waves on the Four-Hour Time Frame



The Fourth Wave is Forming

It seems that the asset is preparing for a strong upward move after a decisive breakout above the main price channel! 💥 The price successfully broke above the 261.8% level, indicating the completion of the third wave, which forms the foundation of the current bullish trend. 📈

💡 At this stage, we are waiting for the formation of the fourth wave, which comes after the sharp rise of the third wave. Considering the structure of the previous second wave, the fourth wave is likely to be a sharp corrective pattern, possibly moving within a sideways pattern or forming a corrective triangle. This corrective structure reflects a temporary balance before preparing for another upward wave! 💥

🎯 If the main level of the corrective pattern is broken upward, we are likely to see a new bullish wave targeting the 2.4335 - 2.6181 zone, indicating the potential for significant gains for optimistic traders! 🐂
#XRPUSDT
#RippleUpdate
$XRP
XRP-4,49%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
BasheerAlgundubivip
· 01-06 18:48
Pin
🎯 If the main level of the bullish corrective pattern is broken, we are likely to see a new upward wave targeting the 2.4335 - 2.6181 zone, indicating the potential for significant gains for optimistic traders! 🐂
View OriginalReply1
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)