Dear XRP Army, I am no Elliot wave or Fibonacci expert, but I have been staring at these charts and absorbing information and perspectives from various traders and investors online for half a decade now. On the macro scale, big picture, XRP looks absolutely ready to blast into price discovery at any moment. We experienced a 7 year contracting triangle accumulation structure followed by an explosive 5 wave breakout to test our all time highs (Macro wave 1). Now we have been in an ABC correct/reaccumulation for over a year that has resulted in mass fear an capitulation down to a .702-.786 retrace. This has been nothing but a macro wave 2. We are now positioned to at any moment begin our macro 3rd wave (which is typically the largest wave from my understanding) into price discovery. Now this could be right around the corner or we could take awhile longer to work out this correction and begin our next impulse, it's anyone's best guess.But be prepared, because when this correction resolves, which it 100% will, it will result in XRP moving quickly and violently to higher prices. Just like our wave 1 did. Our 2.618 extension sits at $8.47 and our 4.236 extension is at $13.64. These are both good targets to aim for but I expect with the length of time that XRP has consolidated and built out this structure we could see it reach far beyond these targets. Please don't forget, XRP is the only crypto asset with complete regulatory clarity in the U.S. and Ripple has continued to silently build out the infrastructure required to foster global adoption when the time is right to "Flip the switch"That lawsuit happened for a reason.Enjoy the show
aw poor baby is mad lmao
>>61826561Thanks for sharing, that indeed looks like a nice reversal, I think there is a big chance we have bottomed already
>>61826561We are literally like the only crypto that is still up more than 100% since Trump was elected. Everything else crashed massively and lost all gains.
BOOOOOOOOM
KABOOOOOOOOOOOOOOOOOOMSO FXKING BULLISH AT XRP
>>61826561Look at that massive textbook cup and handle!Holy moly!
>>61829381It's going to be the most hated rally in crypto (again)It will make the November 2024 pump look like peanuts