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XRP EW Update 18/03/2023 Running Out Of Time.....


Good morning,

Today is March 18th, XRP price is sitting at around 37 cents - certainly disappointing.

According to my big picture count XRP needs to print a higher high before April 19th - so that is a bit more then a month away. XRP is famous for doing explosive price moves though, well ... we certainly need one of those.

Count wise it remains possible, we have a potential leading diagonal in the "A" position, and we could be in finishing our "B" wave soon - then we need a very powerful C wave.  Not some shitty impulse with big retraces in the initial phase, but something very powerful. Some hope left but we should see a meaningful reversal in the next couple of days.  If not we may get a lower low to reset the counter & we can start all over again.

Let me take a look at the recent price action, because so far there is absolutely no sign of a powerful impulse, as I pointed out on my Twitter a couple of days ago, the only bullish potential I see right now is that of a triangle in the "Y" position. That scenario remains on the table as follows: 

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If we are in a triangle it is most likely a barrier triangle and it still in progress and needs to provide us the (e) wave - after that we should explode. 

I am ending with the big picture :

facdb86eae30a290b934019360cd3c7fb5563d21ba6ca17da3b04811b69e9da1.jpg

Well that's all for now, have a good weekend.

Lots of Love

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xennevdl
xennevdl

trader / crypto investor EW specialist, counting $ES_F & $XRP no financial advice, for educational purposes


XRP EW Price Prediction by Xenne van der linde
XRP EW Price Prediction by Xenne van der linde

EW specialist, many years experience in counting waves counting XRP since the end of 2019 no financial advice, for educational purposes if you wanna support this blog you send some xrp to rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag 105818781

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