XRP (Ripple) Working on a Riptide Down to .40!

Be aware of entering new longs in this area as we seem to be in yet another Leading Diagonal formation. The first 5 Waves are already in, but calculating the current zig zag target doesn’t give price structure the precise drop that it needs. I’m anticipating a double zig zag correction to really shake out early/over leveraged bulls. Big buyers coming in at .40. Word to ya momma.

Trade active:

A much better view here. A drop to .40 would land us nicely on the 50D SMA -

Institutional buyers will make a move.

Comment:

#closeup /

Trade active:

We have to be in Wave 2 of a strong, impulsive Wave down to the .20-.23 cent range. No real Bull can be seen here.

Comment:

Pick you buying zone.....

Comment:

Pick your buying zone.....