The correction (wave 4) we are in right now must be from wave 2-3 to reach a proper fib level of .382. This far I can only count 3's withing the 4th wave indicating it must be a triangle. Looking at fib extensions on bigger timeframes show confluent ranges around .417 - .421. Also projecting the first wave as a possible ending 5th wave will result in more...
XRP has completed 5 impulse waves up, now looking for a ABC correction. A is working on the 4th wave, wave 5 will probably complete around .382 fib retracement level of 1-5. If B retraces 61.8%, a 1 to 1 extension of A could be possible for C, touching the confluent zone around .50 fib retracement level of 1-5.
XRP finishing downtrend. Wave 4 complete, ABC next, after last wave 5 down to trendline completing WXYXZ on larger timeframe.