Ripple (XRP) Price Prediction | A Higher High?! | Elliott Waves technical Analysis| bulls vs Bears

hello everyone welcome to a new video for xrp price prediction based on a wave analysis and starting on the weekly chart we can see in the history here a finished impulse in 1 2 3 4 5 this impulse has finished a wave a or potentially a wave one your wave a is much more possible because your correction here as a triangle as ABC d e tells us much more possibility is a wave B Because if you have a one here your wave two is much preferably to be deeper in ABC hitting exactly the 0.618 and the 0.78 Fib levels in that case we don't see any deep uh correction wave in three waves especially as ABC therefore it is much more possible that we are looking at an a b and a c as a zigzag still looking for a wave C towards the upside your wave C should be impulsive made of five waves as an Impulse or as a diagonal now as we can see here we have start a formation kind of a formation of a one two looking at the daily chart we can see that this formation of the one two has started by an Impulse as we can see here clearly we have a 1 2 3 three four and five finishing a wave 1 or potentially a wave a for a zigzag now after your finished wave 1 you want to look for a wave two or for a wave B of course for your zigzag in that case we are looking here at almost three waves towards the downside however this correction with a wave C considering this a wave C this is a very short wave C and also we cannot see any five waves toward down side this is not considered as diagonal neither as a an Impulse so if you want to check much more about this correction what is going on inside it it would be preferably to go of course to the 4H hour chart to see what's going on and then as you can see here in this correction we can see three waves towards the downside three waves towards the upside and then three waves again towards the downside therefore one once we don't finish of course a three waves down three waves up with five waves as a wave C therefore directly we have to think about a WX y finishing three structures together to combine a one one complex corrective structure so we are looking at a zigzag down zigzag up and then zigzag towards the downside triple zigzag complex structure in w XY therefore in this case we can consider now this correction has finished and we have started to look for higher prices and of course in this case scenario I can start to consider this is a12 and this impulse a wave three towards the upside we are still looking for a wave four and five hitting at least our wave C Target for as as a one to one FIB level taken of course from the start of the a to the end of the A and to the base point of the B giving us a one to1 FIB level at 0.71 um Cent for xrp um now of course is this uh by the way this um FIB level has been taken exactly from these prices here if I need to adjust it this is an old FIB level before the finished prices had has been done however this still not so far I prefer now to take the most lower FIB level of course of this correction um because it might be of course taken now of course it has been finished here which where you can have even higher prices possibly uh to even touch the 0.78 Cent for a wavec so however to be much more safe if because it can happen of course that to take even the lowest price of your correction wave it is much more possible uh that we hit even lower prices because of that deep price given in your correction therefore to be much more safe of course I would prefer here your tp1 for example and if we got higher prices to that FIB level you can take your tp2 um so it would be much more of course safe and secure to trade it in that way so you don't miss of course your trade in that case so if we are by the way impulsive and we are looking for a one and two here and not in ABC then you want to look of course for higher prices touching at least the 1.618 and here is the same case scenario of course this 1.618 is taken from this lower low of that correction don't forget that it can even hit higher a little bit higher um around 0.94 uh Cent for xrp uh however I prefer to keep it safe and with lower Target of course in that way you don't miss any reversal in case it touched this and reversed so um yeah for a waves three I think you are looking uh almost to these prices as at 0.87 Cent for an Impulse of course finishing this um one this impulse as a one here as sorry as 1 2 3 4 and five of course your wave four should be even deeper a little bit and finishing of course a wave five in higher prices now your wave five might match the same price and time of course of your wave one given from here and from the bottom of your wave four so we might even reach higher uh for a wave five however the FIB levels will be given of course once we reach this wave three and four and then we can get exactly much more precise prices for a wave five so that was it for xrp price prediction I hope that you like it if you did please don't forget to hit the like button and subscribe for the channel for more updates thank thank you for watching see you in the next videos bye-bye

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