Wave 2 is a WXY correction ending at about .618 of Wave 1. Use right-side fibs that are based on start price and subwave 5 price $.20245.
Based on the two depicted descending channels, xrpusd has a high probability to reach at least $.37 to touch top of pink channel upon breakout of white channel. It could then retrace to about $.33 to confirm the white channel breakout or directly continue to breakout of pink channel.
Also, $.37 approx aligns to a wave 3 target of 2.618x wave 1.
“If T2 isn’t reached” didn’t mean to say “only”.