XRP EW Update 20/03/2023 Quick update, another diagonal?


G'day

Yesterday the coin trader pro charts got stuck again, today they have recovered. We may not have been in a triangle for "Y".
Looking at the recent price action the low can work as the actual low for B, and from there it is possible to count a small upward diagonal. Is it certain that it is a diagonal? Of course not, structurally there is no difference between a triple zigzag and a diagonal so it will have to be confirmed.

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But anyways, I find it interesting that we have a potential diagonal in the "A" position and we may now have a small diagonal in the "1" position of the C wave impulse. Pure speculation at this time, keep that in mind. But I already pointed out that diagonals are potentially very bullish because they can be followed by very bullish moves without creating degree issues.

So we'll see, many people had big expectations of ISO20022 going live, but as far as I know ISO20022 is just a payment protocol, I don't see a connection with the price of certain assets. If XRP needs a catalyst to explode it may come from the judge, she can rule any day time, I have been told.

Have a good one!

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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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