XRP

XRP count changed, wave 4 underway

270
Price appears to have completed a WXY after the Oct 10th flash crash, but further downside is possible to complete wave 4.

Wave (B) completed a barrier triangle, which suggests the thrust down was the final move before reversal. Price has revisited the wick- expected price behaviour, and we are now looking for a bottom.

Price is below the daily 200EMA and pivot, which is bearish.

📈 Daily RSI reached oversold with no divergences

👉 Continued downside brings up the $1.75 High Volume Node EQ

Safe trading

Penafian

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