XRP: further bullish confirmations
I think to have spotted another additional signal that can confirm us the continuation of a bullish trend.
Let's watch closely the square on the left side of the chart. It mark the correction wich took place between Dec 22 and Dec 26. It is a triangle correction. The same correction gave us the last ATH.
Now if we copy that square with his trend lines and his wave count, and we put everything over the current correction we will see that they are almost identical.
Same hight, same lenght (till now) and almost the same pattern.
It could be a fractal.
If we consider that "correction 1" gave us tht massive surge in price, we can be sure to expect the same once the correction will be completed.
The first wave up will get prices between 3.30 USD (exacltly as the hight of the wave III of Dec 30) and 3.70 USD ( at Fib 3.618, as it did before).
After that a small correction will take place, once done XRP will reach, and probably pass the 4.00 USD.
Let's watch closely the square on the left side of the chart. It mark the correction wich took place between Dec 22 and Dec 26. It is a triangle correction. The same correction gave us the last ATH.
Now if we copy that square with his trend lines and his wave count, and we put everything over the current correction we will see that they are almost identical.
Same hight, same lenght (till now) and almost the same pattern.
It could be a fractal.
If we consider that "correction 1" gave us tht massive surge in price, we can be sure to expect the same once the correction will be completed.
The first wave up will get prices between 3.30 USD (exacltly as the hight of the wave III of Dec 30) and 3.70 USD ( at Fib 3.618, as it did before).
After that a small correction will take place, once done XRP will reach, and probably pass the 4.00 USD.
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