Ripple has been locked inside a huge triangle consolidation since mid May and is finally breaking higher. I expect wave (5) will be an extended wave, which calls for wave (5) to move towards at least 0.7100 and maybe even closer to 1.3700.
Support is now seen at 0.2650, which ideally will protect the downside for a break above 0.2980 confirming wave (5) higher to 0.7100 and possibly above.
Support is now seen at 0.2650, which ideally will protect the downside for a break above 0.2980 confirming wave (5) higher to 0.7100 and possibly above.