ello, Skyrexians!
Let's continue to look at the different confirmations of the incoming growth on crypto. $XRP is one the largest altsoins was in correction for 4 month. This was a global wave 4, now we have the confirmation that Ripple coin will reach new ATH.
Let's take a look at the daily time frame. Previous huge impulse consists of 5 waves. It was a global wave 3, now we are in the ABC shaped wave 4. The anticipated wave C has been finished inside the 0.61 Fibonacci Retracement. Also we can see the bullish divergence and increasing momentum at the Awesome Oscillator. Moreover, we can see the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio], which is the great potential growth confirmation. The target for the next wave is approximately at $3.8, but can be recalculated further.
Best regards,
Skyrexio Team
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