🚩Ripple: bullish triangle.

3 apr 2023

●● Preferred count
● XRP / U.S. Dollar (BITSTAMP), 🕐TF: 1D

Fig.1

The formation of a triangle within the intermediate wave (X) continues. The idea was proposed at the top of wave B, in September 2021. At the moment, sub-waves A, B and C have been formed, then a zigzag develops in the sub-wave D of (X).
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● XRP / U.S. Dollar (BITSTAMP), 🕐TF: 10h

Fig.2

Based on the guideline of alternation of waves "A" and "C" in a zigzag, it is expected that the sub-wave ⓒ of D will take the form of an impulse or a ending contracting diagonal.
The target for wave D is the level 0.87900, upon reaching which the sub-wave ⓒ will reach 161.8% of ⓐ.
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●● Alternative count
● XRP / U.S. Dollar (BITSTAMP), 🕐TF: 1D

Fig.3

The basic alternative wave counting has not changed. It is possible to hold a part of a long position based on the implementation of this wave marking.
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