We see bullish
pressure in the XRPBTC
pair. Chart data shows we could be looking at a corrective wave-B
to revisit or at least kiss the max fibo. This would make sense, as the XRPUSD chart is showing that we may be gearing up for a structural wave 5 that might take Ripple to new all-time
highs against the USD. The reason the latter is possible, despite the impairments (falling below wave 1 support) within this XRPBTC
pair, is that BTCUSD
is set for a structural wave 5.