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UnknownUnicorn8519602
Feb 16, 2022 11:33 PM

XRP, UPDATE!  Long

XRP / TetherKuCoin

Description

It appears XRP has formed a larger symmetrical triangle than I originally drew out.

Early morning, XRP fell to the bottom of this triangle before making a strong ABC correction back to around recent highs.

As shown on the chart, XRP has completed an ABC correction and has most probably completed waves 1 & 2 of this leg up.

We had a retracement back to the .382 fib and are now retesting resistance at the top of the pattern. I expect it to break through to the upside in the next few hours to complete waves 3 &4.

Very bullish pattern for XRP!
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