Depending on how the deep the retracement and if support holds
Potential pullback for a wave 2 in a bigger macro 5 waves.
Even if it looks like we are going to burst, we are already creating a hidden bearish divergence on the daily, my hypotheses are that we will double bottom at 0.445 ish /0.42 max then we will see the impulse movement we know XRP can do. the trend haven't turned bullish yet only on the short term, Just an idea
History don't repeat itself but it rimes, Statistically XRP has another 70/80% drop before going up
Price will drop then bounce back up quickly, for an explosive April.
We still in a bull trend it is healthy retest, next year Might be interesting. Keep in mind no one know the future.
Could this be a fractal Daily against 4 hourly. Must retest the support one last time before pump
xrp showing a fractal of previous pattern on the 4h
keep your eyes on XRP, Going down if the head and shoulder play out
You may have noticed the fractal redistribution phase on BTC, the same is forming on XRP. similar to BTC on a smaller time frame this is what could play out before reversal in mid October if not invalidated
No financial advice, you can see a sort of heqad and shoulder that broke to the downside, back to retest the 45 K / 46K.
Just an idea no financial advice on 15 for a small trade
Point of breakout either up or down, on both 4h chart and 45min chart. no financial advice just an idea