As long as the red trend-line that has supported wave 2 and 4 of the Minute series (orange) holds were still . I do not expect Wave C to extend past Wave A at this point as Wave A was nearly at the 0.50 fib retrace point. This means we will either end up with a Flat or a Triangle (ABCDE). This assumes the holds.
In theory, Wave 2 of a reversal can retrace nearly to the start of Wave 1, the so-called disbelief wave, but I do not see potential for that with the whole market currently on a run. If Bitcoin stays above 4k for another day a lot of traders will see that as a confirmation of the reversal and Ripple will follow the crowd as it still is coupled with Bitcoin price action.
The next Wave 1 of the Minor Wave (yellow) has some pretty significant levels to break, namely Monthly and the Monthly HA , and just above that the Monthly (P+R1)/2 PP . A break of the two , should provide enough catalyst to reach the 1.272 fib ext of Wave 1, if not more. If you can catch the ride between Wave 3 and 4 you should be able to gain 0.05 on your position.