If the late November rally was Wave 1 of a larger cycle and the associated retracement was Wave 2, we may be prepping to enter the 3rd wave of the 3rd wave of the impulse pattern begun at the end of November...
If so, buckle up for a fast and furious ride in the next 30 or so hours. Things could go parabolic up until airdrop...
I would expect a potential Wave 3 beginning in BTC (~$19,500-$19,700) to help fuel the rally as well, then BTC may rotate into XRP to get us into the $10+ Spring XRP price range
Wave 3’s typically are between 1.618 and 2.618 the size of Wave 1... for those of you keeping score out there ;)