Archive by author: Kittiampon SamboonsodReturn
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...
Read More
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...
Read More
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...
Read More
 
 
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support
Empty
Click + to add content