Another fractal that I have been holding out on... While there are clearly some differences, I think the overall moves, and especially the corrective patterns, indicate enough similarities in order to call this a "FRACTAL"! The wave 3 is certainly different for the (2) as I indicate on the chart, and maybe it's because XRP's price has "caged" and suppressed for too long, which we are seeing signs of a price that really wants to "LIFT-OFF"! If so, once price conquers that $0.31xx area, WATCH OUT!
Lastly, does price have to drop lower to the Wave 1 support area ? Maybe, but then again, maybe not! Anyhow, if this continues in a similar fashion, then watch for the slow climb back up to the previous highs, before rocketing higher....
Cheers!
Lastly, does price have to drop lower to the Wave 1 support area ? Maybe, but then again, maybe not! Anyhow, if this continues in a similar fashion, then watch for the slow climb back up to the previous highs, before rocketing higher....
Cheers!