XRP has completed a very beautiful standard correction pattern called expanded flat (3-3-5). As you can see, the bulls were just waiting for this great buying opportunity and jumped right in.

The low of this correction was 1.9$ and it is now already trading @ 2.5$ again.

Now, I expect XRP to reach 4$ in the coming weeks for green wave 5 target, which is where I will be thinking about selling 50% of my position.

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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.

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