DecentralizedTraders

RIPPLE STILL CORRECTING THE IMPULSE (XRPUSD)

KRAKEN:XRPUSD   XRP
Hello guys,

Xrp is still correcting the previous move to the upside which it seems to be a "wave 3" of an impulse wave.

This corrective structure can take a few more days or even a couple of weeks.

I am expecting a small move up to retest $0.60 area or even the previous high $0.80 before giving us one more leg down to COMPLETE the corrective structure, which would set us up for a profitable wave 5.

I would update the charts as soon as the market makes a decision.

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