I am watching for a reversal on XRP after if completed a Wave 4 Consolidation.
I have 2 Ideas of what will come next:
1) Wave 5 targeting $3.8 followed by some consolidation towards $3.2- $3.0.
2) EW miscount: In this scenario, this Wave 4 that I am tracking is actually a Wave 2 and the next target is at $5.5 - $6.0
- For any of these scenarios to happen, we need to stay above last low and break above $3.3 with strength.
- Im looking at $2.8 for support but it can go a little lower as a fakeout.
