$0.65652 will be the end of Elliott Declining Wave or not?

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Ripple price will soon slide down to the level of $0.65652 or even $0.64891 in order to put an end to the Elliott Declining Wave

In chart M15, we can find out that the Triple Top Pattern appeared in the pair XRP/USD price chart. The Ripple price broke out the confirmation line of the pattern and tumbled strongly. After such a steep downwards movement, the cryptocurrency price is moving in a Rising Wedges Pattern. We anticipate that Ripple price will soon slide down to the starting point of the pattern formation at the level of $0.65652 or even $0.64891 in order to put an end to the Elliott Declining Wave. The cryptocurrency price will hover around this level for a while before a strong rocketing to the level of $0.69293, which will start the Elliott Impulsive Wave.

Written by nami.today

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