29Nov

XRP/ U.S. dollar(XRPUSD) Elliott Wave Technical Analysis 29 November 23

Elliott Wave Analysis TradingLounge Daily Chart, 29 November 23,

XRP/ U.S. dollar(XRPUSD)

XRPUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Triangle

Position: Wave ((E))

Direction Next higher Degrees: wave 4 of Impulse

Wave Cancel invalid level:

Details: the Movement within a triangle pattern

XRP/ U.S. dollar(XRPUSD)Trading Strategy: Zigzag pattern correction, we have Wave A completed and prices developing in Wave B before entering a downside move in Wave C, which is likely to test the 0.42987 level.

XRP/ U.S. dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bearish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: TradingLounge.com get trial here!

XRPUSD-Day-Crypto-Ch...

 


 

Elliott Wave Analysis TradingLounge 4H Chart, 29 November 23,

XRP/ U.S. dollar(XRPUSD)

XRPUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave C

Direction Next higher Degrees: wave (Z) of triple Corrective

Wave Cancel invalid level: 0.52954

Details: the five-wave decline in Wave c

XRP/ U.S. dollar(XRPUSD)Trading Strategy: Zigzag pattern correction, we have Wave A completed and prices developing in Wave B before entering a downside move in Wave C, which is likely to test the 0.42987 level.

XRP/ U.S. dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bearish Momentum.

XRPUSD-4Hour-Crypto-...

Related

Elliott Wave Analysis of COLES GROUP LIMITED (ASX:COL) – Key Wave Counts, Technical Analysis and Trading Strategies

Elliott Wave Analysis of COLES GROUP LIMITED (ASX:COL) – Key Wave Counts, Technical Analysis and Trading Strategies

Elliott Wave analysis for COLES GROUP LIMITED (ASX:COL). Learn about wave counts, market trends, and...

Read More >
Britannia Industries Stock Forecast & Elliott Wave Technical Analysis – Price Targets & Trading Strategies

Britannia Industries Stock Forecast & Elliott Wave Technical Analysis – Price Targets & Trading Strategies

Britannia Industries has shown promising momentum with bullish patterns reflected through Elliott Wa...

Read More >
Costco Wholesale Corp.(COST:NASDAQ) Elliott Wave Technical Analysis 10 January 24

Costco Wholesale Corp.(COST:NASDAQ) Elliott Wave Technical Analysis 10 January 24

Costco Wholesale Corp.(COST: NASDAQ) Elliott Wave Technical Analysis Dated 10 January 24 with 4-Hour...

Read More >
Unlocking ASX Trading Success: BLOCK INC. - SQ2 Stock Analysis & Elliott Wave Technical Forecast

Unlocking ASX Trading Success: BLOCK INC. - SQ2 Stock Analysis & Elliott Wave Technical Forecast

Our detailed Elliott Wave analysis for ASX BLOCK INC (SQ2) offers insights into the stock’s forecas...

Read More >
Cardano (ADAUSD) Elliott Wave Analysis: Resistance & Support Levels, Crypto Market Trends, and Technical Analysis

Cardano (ADAUSD) Elliott Wave Analysis: Resistance & Support Levels, Crypto Market Trends, and Technical Analysis

Elliott Wave Analysis of ADA/USD, highlighting Cardano's price projections, technical analysis, ...

Read More >
Silver Price Predictions and Trading Insights to Optimize Your Market Strategy: Silver (XAGUSD) Commodity Elliott Wave Analysis

Silver Price Predictions and Trading Insights to Optimize Your Market Strategy: Silver (XAGUSD) Commodity Elliott Wave Analysis

Silver prices have rebounded from their December 2024 low, signalling a potential continuation of th...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on