Seeing as XRPUSDT is still seeing a higher low, I can see a scenario where the price is currently correction from the large impulse wave up from Sept. 17 - 21 2018. The chart has a lot of noise from the dump that allegedly originated in the ETH network and propagated to other cryptos. If you look at XRPBTC or XRPETH the higher low is much higher.
The EW I've projected are not predictive targets, they are merely there to exemplify a movement higher up.
Sentiment is the lowest it's been since EOY 2017, but people seem to forget crypto can turn around in a few weeks.
Volume is low while price is low, which is a relatively bullish scenario.
I still think these are cheap prices for everyone who complained about not getting in cheap when XRP was at $3. Crypto has seen this kind of correction before many times. Stay positive.
The EW I've projected are not predictive targets, they are merely there to exemplify a movement higher up.
Sentiment is the lowest it's been since EOY 2017, but people seem to forget crypto can turn around in a few weeks.
Volume is low while price is low, which is a relatively bullish scenario.
I still think these are cheap prices for everyone who complained about not getting in cheap when XRP was at $3. Crypto has seen this kind of correction before many times. Stay positive.