this should Be a Bullish Cypher pattern , confirmed by a Broken Downtrend Channel , TP: at least 0.382 Fib level aT 0.067
everything is quite Obvious, If there is any chance for XRP to Continue Its Former Uptrend Direction , this is the time and place ,we'll Wait and see.
Zigzag target is around 7500, A STRONG IMPULSE wave will start there after, and historical target of EVEN 50k will be achieved.
It seems that channel bottom showed Resistant and the last ongoing candle would serve As A nice Pullback... Wait until Conformation and here we are through 14300 Alternative True Breakout of channel would lead us to at least 9000. Note The Lovely Cross Of Stoch as Another sign of up going Wave
Consider two pitchfork meeting at Around 0.90232 as signal For Sell Or Buy either way with a Conformation Candle. The target would Be 0.88402 for downward And 0.90985 for Bullish Trend (probably with a pullback).
there is a precise Sell opportunity in the middle line of Pitchfork and b wave of Elliot. consider the cross of 0618 Fib retracement with the fork lines as TP TP:107.507 Sl:109.136