GWaves

XRPUSDT | Large Consolidation Zone | TG 1 Remains Unanswered

Short
POLONIEX:XRPUSDT   XRP / Tether USD
Hello Traders,

Ripple is in a large consolidation zone with a bias towards the lower targets. Price has already fallen from its extreme high and tested the consolidation zone. At this point, price would naturally try to find support at one of the Targets highlighted on this chart. If the uptrend remains strong, this correction should be reversed at TG 1 or 2. If it lags, look for TG 3 for a strong reversal zone.
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