XRP Channeling in Wave 2 of Elliott's Wave Cycle, get ready!

BITSTAMP:XRPBTC   Ripple / Bitcoin
XRP is currentrly being channeled in a slight downwards trend in what I perceive to be the "2" in the Elliott's Wave Theory, once it hits a breakout point ( rectangle ), we can see a huge explosion in price. GL!
I think that without the spike given from the moneygram news, the Elliot 1 wave wouldn't have formed yet...
I don't see any 'to the moon" yet )
simisatoshi John_Anthony
@John_Anthony, nobody said so. Also he stated "once it hits a breakout point ( rectangle ), we can"... where did it hit a breakout point? lol.
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