xennevdl

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XRP EW Update 19/06/2022

19 Jun 2022 1 minute read 0 comments xennevdl

Good morning The drama continues, but XRP is doing what I expected, printing another zigzag in the lower direction. It is especially the drastic moves in ETH & BTC that brought panic across the crypto boards. The crypto haters are celebrating the end...

XRP EW Update 17/06/2022

17 Jun 2022 1 minute read 0 comments xennevdl

Good morning The tough times continue for crypto. I wanted to post an update yesterday but the cointrader charts were stuck all day, kinda annoying. Anyways, we probably completed the 1st zigzag in the downward direction since completion of the trian...

XRP EW Update 13/06/2022

13 Jun 2022 1 minute read 0 comments xennevdl

Good morning I changed something to the count.  I have been talking about a triangle "Y" scenario a lot lately, and it's probably what we have seen during the sideways period. But the triangle broke down and not up : This 29 days sideways action is...

XRP EW Update 12/06/2022

12 Jun 2022 1 minute read 0 comments xennevdl

Good morning  Bearish action in crypto continues, the Y triangle idea failed miserably and we also printed a lower low. At times like this we must focus on the big picture and the big picture remains bullish, but we have to stay above the December 20...

XRP EW Update 08/06/2022 Update 5.7

11 Jun 2022 1 minute read 0 comments xennevdl

Good morning It was a week with good news for Ripple Labs & crypto in general, but on Friday the crypto markets tanked together with the stock markets because of a bad CPI nummer. I personally don't understand why inflation is bad for crypto, in fact...

XRP EW Update 08/06/2022 Update 5.6

8 Jun 2022 1 minute read 0 comments xennevdl

Good morning, I heard that the hearing last night did go well for Ripple Labs, however the judge has not ruled yet on the fact that the emails have to be handed over, but it could come in the next few days I have been told. Apparently this is pretty...

XRP EW Update 07/06/2022 Update 5.5

7 Jun 2022 1 minute read 0 comments xennevdl

G'day The sideways mess continues. This weekend I saw the potential for a wave Y forming a triangle, and that's a triangle that would conclude the correction.  It is an idea I have to point out, although this triangle in the "Y" position is pretty ra...

XRP EW Update 03/06/2022 Update 5.3

3 Jun 2022 1 minute read 0 comments xennevdl

Good afternoon Just a quick one today , a look at the recent price action since the high on Tuesday : After we counted the impulse there has been weakness, but it appears in a three wave move.... From that point there was a weak rally but it was rej...

XRP EW Update 02/06/2022 Update 5.2

2 Jun 2022 1 minute read 0 comments xennevdl

Good morning In my last update I wrote : "  There is now room for a bigger retrace " . Some of you used this as a signal to short and have made nice profits. Well done.Although the count is not 100% clear, I doubt that XRP is ready to crash to new lo...

XRP EW Update 26/05/2022 Update 5.1

31 May 2022 1 minute read 0 comments xennevdl

G'day Just a quick update, I see nothing alarming in the count so far. Just completed an impulse. The wave stopped at a level of double resistance (triangle trendline & also the trendline connecting the X waves on the way down). This impulse is a lo...