As you see Ripple had a nice and huge bullish price action after 9 month accumulation phase.
then after a deep pullback at 78.6%, forming an ABCD pattern is very possible.
Targets are shown on the chart!
then after a deep pullback at 78.6%, forming an ABCD pattern is very possible.
Targets are shown on the chart!
Comment:
So descending channel has been broken and price complete a classic pullback, it seems that price action is going to form right shoulder of an inverted head and should, once the neckline has been broken eventually 2.5$ is the next target
