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RIPPLE (XRP) Breaks Out of Triangle Pattern and Begins to Impulse Towards $0.541 by haejin

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bitcoin · @haejin ·
$1.56
RIPPLE (XRP) Breaks Out of Triangle Pattern and Begins to Impulse Towards $0.541
<center>![](https://steemitimages.com/DQmV7DYu1BXRcESjnviy1SJL5YwkeGLnBo3W4dPY145ULHM/image.png)</center>
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**SUMMARY**

RIPPLE (XRP) is showing adherence to the Elliott Wave count pathway as shown in the below chart. Blue sub waves 3, 4 and 5 should be next price levels. 
![](https://steemitimages.com/DQmcrHECRnuPW6jCFttYsyhbwJHp2BisTr2nCVn3YiRHPsj/image.png)

Hourly chart shows a pattern that can be combined with the Elliott Waves. This Head & Shoulders Bottom pattern shows a price target that coincides with the blue wave 3 at aroudn $0.3332. The end of white Wave (v) is still targeted for around $0.541
The video analysis has much more details.
![](https://steemitimages.com/DQma574cKmNWVcvLbP5XBGyCJ5e626VGqFa6hMzwgytyide/image.png)

https://youtu.be/VXAwL5ThdWc
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https://steemitimages.com/0x0/http://i.imgur.com/40YQWVI.gif

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<center>https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif</center>
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@adamantine · 
I think this train is getting ready to leave!
👍  
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@rjh · 
Am packing my bags...want to be on it..my last hooray.
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@rjh · 
Right now that train is stalled....
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@alidanish786 · 
nice deduction  and deep observation you have made..thanks for sharing..
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@cryptoculture · 
Elliot waves is a great reference point for price predictions
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@ignasi ·
$0.03
Hi @haejin, could this be a Headandshoulders inside an other Headandshoulders? Thanks!

![Image of head and shoulders](https://www.tradingview.com/x/BZAz7P7D)
👍  ,
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vote details (2)
@jeff-55logclub ·
$0.30
Hi @ignasi, I see what you're looking at but a H & S pattern is a reversal pattern so it would be at the very top or the bottom of a trend. Not a continuation. I hope that makes sense. However, good work on recognizing the pattern it takes a lot of practice. I'm sorry if I am out of line.
👍  , ,
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@ignasi · 
Thanks!! @jeff-55logclub no worries im not a trader just a big hodler plenty of couriosity.  Im really happy for your answer. ;) Cheers
👍  
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@marvirafael · 
any updates on xrp? i think the trade failed. T.T
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@scarlet7 · (edited)
I am showing VERY strong BUY indicators for XRP... look at this....  (right click and view image)
This is not a strict rule by the way....there's more to it than that, but that's the jist of those scenario patterns.
Soon I will be posting a beginners guide to growing your wealth that shows some of these more simplistic indicators that pretty much anyone can read and make a more informed decision for day trades.

![xrpoverunder.jpg](https://steemitimages.com/DQmZ4A9VrqhFgFJckf7gqY81rLY6rFi62HMsSxwMv9xP94X/xrpoverunder.jpg)
👍  ,
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vote details (2)
@rjh · 
What would that be in USD $
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@scarlet7 · 
![xrp.jpg](https://steemitimages.com/DQmdcTjHPMmvnDz6ZvYGdYZo4HJMDG9Dk4DN9Bs45GLv4wR/xrp.jpg)
👍  
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vote details (1)
@summertooth · (edited)
$0.24
Awwww, I started drawing that head and shoulders this morning too, just got distracted. I saw it thought! Woo-hoo, I'm learning! Thanks Haejin.
👍  , , , , , , , , , , , , ,
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