Ripple has ended big ABC correction. Gains were big, so the correction had to be big either. Ripple retraced over 88% and bears seems to grow tired of selling it. Now we entered a consolidation period with neither bulls nor bears being able to move this coin either way. I'm looking for a positive breakout at the end of this formation.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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