Elliott Wave Theory and XRP’s Potential Surge
The analyst behind this prediction, known by the pseudonym Charting Guy, shared his analysis on the social media platform X (formerly Twitter). He utilized the Elliott Wave theory, a popular analytical tool among traders, to anticipate a significant price surge for XRP. According to Charting Guy, XRP is poised to enter what he describes as a “violent” third wave, a term used to denote a strong and sustained upward movement in asset prices.·
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