$XRP count changed, wave 4 underway

XRP Wave 4 appears to be a flat correction defined by the poke above the all-time high. Wave 4 is expected to end at the 0.382 Fibonacci retracement, also the weekly 200EMA ~$1.2.

The multi-year triangle is a penultimate move, so continuation in wave 5 to price discovery is my preferred count. For no,w price is stuck in a range aboev the weekly pivot.

🎯 Terminal target for the business cycle could see prices as high as $4.31 based on the weekly pivots

📈 Weekly RSI is bearish with room to fall after printing bearish divergence

👉 Analysis is invalidated if we fall below $0.64, as wave 4 can not go below 0.55 Fibs

Safe trading