orlinmyer

XRP Weekly Consolidation

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BITSTAMP:XRPUSD   Ripple
XRP has just had a parabolic rise followed by a break of that parabola and setting of new high.
XRP will consolidate over the next days/week.
As before, expect a 7 wave down, followed by an ABC pattern.
A double retest will mark the start of the next parabolic rise.
The prices and timing of this graph should be close enough.
(Peak of Parabola should be higher, I just didn’t want to stretch this pattern for clarity sake)
My buddy Super Dave from the future didn’t give me a better picture this time around (jerk)
Expect this master pattern to continue until say we hit $2.36?
While this consolidates I’ll be shifting my focus to XFLR on Poloniex.
#noeasternpromises
#blamedaveifwrong
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