Elliott Wave Technical Analysis: Ripple, June 5
June 05, 2023 at 06:51 AM EDT
Ripple is still in an uptrend. An increase in wave 3 is usually equal to 1.618 multiplied Length of wave 1. Once wave 3 completes, there is a short retracement in wave 4 before rising again in wave 5. Watch out for a retracement in wave 4.