XRP: Explosive Breakout Incoming? (could be very soon) | Elliott Wave Technical Analysis

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  • Опубліковано 4 січ 2025

КОМЕНТАРІ • 46

  • @DrScotty168
    @DrScotty168 15 годин тому

    Thanks man, great analysis

  • @alenseven11
    @alenseven11 День тому

    Thank you! 👌🏼

  • @bigpappapump9735
    @bigpappapump9735 2 дні тому

    Thanks XForce! Great analysis as usual!

  • @Smoothmold24
    @Smoothmold24 3 дні тому

    What timeframe do you expect the C wave for BTC to bottom and the strongest altseason to begin?

    • @XForceGlobal
      @XForceGlobal  3 дні тому

      I'm not tracking the time expectation as we already had a long 1-2 wave in terms of time. As long as it's not TOO long in time, and has a good look overall, then we can continue to assume we are still in a 3-wave corrective wave for BTC!

  • @jeromevdv7907
    @jeromevdv7907 2 дні тому

    recently you said you'll sell the rest of your XRP between $7 and $10 so means you'll hold your current bag through the next correction after wave 5 and then sell in the expansion?

  • @MagnoaHunter53
    @MagnoaHunter53 2 дні тому

    Thank you very much!

  • @garylew5234
    @garylew5234 3 дні тому +5

    Saw the same triangle on the shorter timeframe. Thanks for the update brother. You are the best!

    • @XForceGlobal
      @XForceGlobal  3 дні тому +3

      You are most certainly welcome brother

  • @josevillora4459
    @josevillora4459 3 дні тому +1

    Thanks for your analysis. Wave 4 should be at least equal in time than wave 2, right? That give us end of february as conclusion of wave 4. Greets

    • @XForceGlobal
      @XForceGlobal  3 дні тому +1

      You're welcome!! It doesn't have to equal in time, but it does help fulfill the overall symmetry of wave structures in the 5-wave impulse. We do have a pretty good minimum time fulfillment so far!

  • @MariuszTkaczyk-vc3iu
    @MariuszTkaczyk-vc3iu 2 дні тому

    Hello and thank you for fresh news🤝 And regarding the ABCDE triangle option...shouldn't it be supported by the RSI?And what TF is the best to look at in this case?Because at the moment WD RSI is higher than WB🤔 So I would expect the recent move to be potentially W1 of W5 of W3,with the target just above ATH....potentially SFP or FA up to $3.5 on the REG.scale. And ALL THE BEST FOR YOU IN THE NEW 2025🎆

    • @XForceGlobal
      @XForceGlobal  2 дні тому +2

      Hi! Instead of the RSI, I would use the volume as the combined indicator if you are trying to validate a triangle (although RSI has proven in many cases to be useful, it’s oscillated making it hard to prove as time goes on).
      In terms of the timeframe for both volume and rsi, since we are in a smaller degree, the 15m and 1H timeframe proves to be the most useful.
      In terms of w1 of w5 of w3, I am not exactly sure what you are referring to, but it shouldn’t matter as any higher degree will get resolved the same way for this impulse. We are currently looking for how the current 5-wave is going to get resolved before we can discuss how the larger degree will get resolved.
      SFP is difficult to assess in real time, so I can’t add much there as it would be too hypothetical at that point.
      I hope I have addressed all of your points!

    • @MariuszTkaczyk-vc3iu
      @MariuszTkaczyk-vc3iu 2 дні тому

      @XForceGlobal Yes you did👍Thank you for such exprehensive explanation.

  • @Blue_8800
    @Blue_8800 3 дні тому

    Refering to rule of alternation,wouldnt a double zigzag be more likely? Thanks for the video Eric!

    • @XForceGlobal
      @XForceGlobal  3 дні тому +2

      The “guideline” (not rule) of alternation is hard to prove in real time as stated in my previous Bitcoin video! But good job for trying to apply the context 👍 Yes, it should be at least considered that the double zz is still in play, which is why I show that scenario. It’s just based on the expectation that both scenarios are in play with balance. What I do notice is that on the lower degrees, it seems to be less respected, but it’s still hard to prove in that sense too. We’ll just have to see. But for now, the triangle does seem to be proving itself from a validity perspective and doesn’t have to fully fulfill alternation guidelines.

    • @XForceGlobal
      @XForceGlobal  3 дні тому +3

      To add: as a critic myself of the theory, I have focused more on the time and depth of the correction first, then apply the guideline of alternation to help increase probabilities. This means that if one or the other in terms of time or depth of the correction is fulfilled to a certain degree, that would be the priority before applying the guideline of alternation.

    • @Blue_8800
      @Blue_8800 3 дні тому +1

      @XForceGlobal thanks for the detailed answer mate. Didnt realize it was a guideline to be honest. I do prefer the triangle but depends on the btc i guess. Eitherway we will be ready :)

    • @XForceGlobal
      @XForceGlobal  3 дні тому +2

      @@Blue_8800 Absolutely, keep an eye for the next shorter timeframe update on Bitcoin!!!!!

  • @adoak7
    @adoak7 3 дні тому

    Thanks for the update. Where do you think subwave E will complete? Does it usually test the trendline?

    • @XForceGlobal
      @XForceGlobal  3 дні тому +1

      You're welcome! Triangles are prone to truncations (failure of the wave E). It doesn't have to meet the trendline.

    • @adoak7
      @adoak7 3 дні тому

      @@XForceGlobal Got you. Thanks!

  • @MsCelientje
    @MsCelientje 3 дні тому

    Thank you for all your video's. I'm ready to go all in with XRP. But I am scared that within the next weeks (before 15 Jan) the news will come that the SEC is continuing their lawsuit, and that XRP price is going to pullback. Maby I should wait for that moment and then go all in.

    • @XForceGlobal
      @XForceGlobal  3 дні тому +1

      Thank you for your input. The SEC case is such a drag~! But I'm still hopeful even if it doesn't go in their favor with the upcoming follow up. I think the regulatory framework they are setting in the overall picture is what matters. I've explained this in my previous XRP videos, but the technicals show that the markets still want XRP with or without the SEC case.

  • @AlirezaFereydoonkia
    @AlirezaFereydoonkia 3 дні тому +3

    XRP = 4$$$$= VERY SOOON

    • @XForceGlobal
      @XForceGlobal  3 дні тому +1

      We shall see, tough times

    • @dj-gf9co
      @dj-gf9co 3 дні тому

      @@XForceGlobal ez 9 to 13 dollars Q1.. xrp wont drop 1.5

    • @XForceGlobal
      @XForceGlobal  3 дні тому

      @@dj-gf9co would be a dream come true!!

    • @dj-gf9co
      @dj-gf9co 2 дні тому

      @@XForceGlobal will happen ! last leg up !

  • @fokkorooda3916
    @fokkorooda3916 3 дні тому

    agree the last low is the E wave and then boooom

  • @xedsity
    @xedsity 2 дні тому

    I rlly like ur analysis and videos but when ever someone states that xrp will hit $20 or $50 u never disagree with them I would assume someone smart as u would realise that isnt going to happen

    • @XForceGlobal
      @XForceGlobal  2 дні тому

      Do I have to disagree? No. Because it’s my own view. Thx

    • @xedsity
      @xedsity 2 дні тому

      @@XForceGlobal so in your view xrp will hit 20-50? Interesting

    • @XForceGlobal
      @XForceGlobal  2 дні тому

      I’m saying it’s a possibility just based on wave counts.

    • @xedsity
      @xedsity 2 дні тому

      @@XForceGlobal I like your optimism but u gotta be realistic with ur viewers but its your opinion and choice anyway I enjoy your videos . Keep it up

  • @momaz4143
    @momaz4143 3 дні тому

    Great!

  • @womblestacker7993
    @womblestacker7993 3 дні тому

    4.00 can't hit 3.00 ill come bk end April still won't be 4.00

  • @nunyabzns855
    @nunyabzns855 2 дні тому

    Looks like a pennant flag

  • @MuhammetBunyamin
    @MuhammetBunyamin 3 дні тому

    Guys, what should I buy?