@IainG15 As mentioned, the lower channel line is broken; therefore, my overall wave count has changed! Wave 1 was complete, most likely at $3.40, now price is working on a wave 2… minimum target is sub $1.40 for now. It could get bloody!
$XRP #XRPCommunity
Although I do not use EW Theory for predicting targets or for trading purposes, it does come in handy to illustrate the overall structure !