In a recent analysis by Kittiampon Somboonsod, using the 4-hour and daily charts, it is observed that Ripple (XRP) is currently in an uptrend. However, the cryptocurrency experienced a correction phase in wave 4 before showing signs of a rise in wave 5. This aligns with the price being above the MA200 line, indicating a strong uptrend. To accurately identify wave 4 patterns and assess the readiness for a rising wave 5, it is advised to wait for the completion of wave 4. This Ripple (XRP) pred...
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Ripple (XRP) is currently experiencing an uptrend, as indicated by Kittiampon Somboonsod's Elliott Wave charts on a 4-hour and daily timeframe. The analysis suggests that wave 3 is expected to increase by approximately 1.618 times the length of wave 1. After the completion of wave 3, there may be a brief retracement in wave 4 before the price continues to rise in wave 5. Traders should be cautious and monitor for a potential retracement in wave 4. This prediction and technical analysis provi...
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In the latest Ripple (XRP) Elliott Wave analysis, Kittiampon Somboonsod examines the 4-hour and daily charts to provide insights into the cryptocurrency's price movement. Ripple has shown a strong rebound from the 0.443 level and continues to maintain its position above the MA200 line. This indicates that Wave 2 is likely to conclude at 0.443, with Wave 3 expected to reach a length equal to 1.618 multiplied by the length of Wave 1. This technical analysis offers valuable predictions for Ripp...
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