Welcome to everyone interested in the Ripple coin!
I'm expanding my analysis upon this instrument as well(see my BTC posts).
This idea is the root idea every other post on Ripple will be related to.
I base my TA on the widely known Elliot's Wave Theory (influences as well: Prechter, Voronin(ov?), Frost). The base wave map will be carefully analyzed and all the predictions made are going to be based strictly on the scientific statistical approach.
No voodoo-doll TA, strictly facts and well-reasoned targets, only academically accepted theories and methods.
At a glance we have in our disposal a very strong position potentially forming: the observable xyz(w)xyz(w)xyz correction wave model is now almost fully formed(the very last z(+Z) wave is being born right before our eyes).
The very same correction model has just ended (as I believe, no promises, of course) for the BTCUSD cryptopair. Look at this picture:
If it is indeed the point of the oversold state manifestation, we will soon see new 1-2-1-2 groups of accumulated waves popping out on every timeframe, and the rain of the divine bullish rally will drop on us without any remorse towards the sleeping bears!
This is just the first chart published in a series of charts related to the Ripple coin.
Fire the "Like" butt., if wanna hear more ideas from me) Peace, love you all, God pump the Ripple!
Please, feel free to ask any questions :)
ノート
Tomorrow will try to publish some confirmations/ 5m chart maps / indicator analysis / maps of all the important levels. Let's trade this young fella) XRP.