SUMMARY
Ripple (XRP) is #3 in total market cap as shown by coinmarketcap.com. I believe Wall Street will purchase Bitcoin and when BTC's liquidity shortage becomes apparent, they will then focus on the top 5 and then the top 10. This might amplify the initial lag effect of Altcoins. However, RIPPLE will be tailgating Bitcoin when confronted by the insatiable crypto appetite of Wall Street.
The below chart shows XRP's initial five wave impulse and subsequent abc correction. The pattern is that of a downward pointing symmetrical triangle. From this pattern, price broke out and is likely impulsing.
The breach completed wave 1 and wave 2 has been an exapnded flat where b is higher than the origin of wave a. IF wave 2 is complete, then 3,4,5 remain to be filled. The targets for wave 3 and 5 could be reached earlier than posted.
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