It looks like the bearish rally period is about to end and XRPUSD may rise massively.
Target 1: 0,76$
Target 2: 1,53$
Target 3: 1,87$
Target 4: 2,22$
Target 5: 3,56$
When: Not sure, last descember went really fast. Alot could happen the next months.
Arguments:
- Gann arc is aligned very good at the moment. Check out all the green spots. In other words, the current arc indicates next turning point. It need to stay inside this arc, if not it could start a new bearish rally.
- Gann lines from the Gann square gives us when it broke out earlier. Check out the green spots. We're about to reach the next gann line right now. Crossing this one may make it break out this time too.
- Gann lines (the blue ones) from the Gann fan also gives us when it broke out earlier + other pivot points.
- The lengt b is about to be completed. Combined with lenght a we got 1.618 in total which indicates a break out is about to happen (The Golden ratio).
- Wave 5 is completed within the big wedge pattern. It could rise and break out of the upper line.
- It is about to break out of the smaller wedge.
Good luck!