Alikze »»XRP | Wave 3 bullish supercycle scenario
2024-03-15

In the weekly time, a complex behavior and movements are forming in the ascending phase, which, according to the overall structure, is in the form of an ascent from the beginning of the movement. According to the bottom of the 0.10 range, a 5-wave structural correction has been formed and the upward movement has also gone through a complex cycle and completed this correction in the form of a three-wave at the 0.38 fibo of the previous wave. Therefore, according to the movement behavior in the form of a super cycle, it should be in the 3rd wave of its super cycle. The invalidity limit of the analysis is 0.2867, which can lead to correction of this movement structure up to 0.23 Fibo. Therefore, according to the current structure, which is a complex upward movement in the form of 3 waves, and sharpie movements can be seen from it, it will have the ability to grow up to the specified areas and even higher goals up to the limits of 13-18 and 34 dollars. which should be reviewed and updated step by step.
But in the lower time, it will have the ability to grow up to the supply area and then up to the previous major ceiling.
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