Add as a preferred source on GoogleCasiTrades Links XRP’s Price Action to a Possible Wave 3 Start
In a Friday reply, the analyst said the price action could usher in Wave 3. A chart in the post placed XRP near $1.24, with $1.10 marked as a major level.
CasiTrades added an Elliott Wave interpretation to the XRP setup around $1.10, saying the price action was what the analyst needed before a possible Wave 3.
In a Friday, Oct. 30, reply to a follower asking whether Wave 3 was near, CasiTrades wrote: “Yes, the price action we’re seeing is what we needed to usher in that W3.” The analyst also described the move toward support as “fast” and a recovery from it as potentially “spectacular.”
The comments add context to CasiTrades’ view that $1.10 is a major level after XRP broke below $1.27.
A chart in the Friday post placed XRP near $1.24. The post also marked $1.10 as the next major level to watch.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.