MarketIntel

Ripple: Dive 💦

KRAKEN:XRPUSD   XRP
Ripple should continue the header it started from the high of wave (iv) in blue, diving into the turquoise zone between $0.3747 and $0.1720. To complete wave (c) in magenta, the altcoin should even sink below the support at $0.2874 before bobbing up again. There is a 35% chance, though, that Ripple could reject another bath and climb above the resistance at $0.5847 instead to develop wave alt.i in orange. In that case, we would consider wave alt.(c) in magenta to be already finished.
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