Had a scary scam wick on Friday but if you zoom out on chart it appears XRP is doing an Elliott Wave Running Flat type correction on weekly chart. We are still above the ichi cloud and the price action is resting around the .618 fib level at the moment. As long as we hold this area the next couple of weeks I would expect an impulse back up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.