Currently we are in wave 2. I show how the 2015-2017 fractal matches to the 2018-2020 XRP graph. Notice that red circles. XRP went above the trend line, then retouched the trend line, then went up to the 200 day MA (bust through) and started wave 1. I placed the red circles to note these instances, but also to show that the current fractal is longer in days. This is important, as perhaps the wave 2 and wave 4 retracements will also take longer than in 2017.
Note: Fractals rarely match by time, only by general pattern.
Note: Fractals rarely match by time, only by general pattern.