If so, then this may be your chance to get on it. Why? Ripple (XRP) seems to going through and Elliot Wave
A, B, C correction. While A and B corrective waves seem to be in place, a lower Subdegree Wave iii
of Corrective Wave C seems to be in action. Hence, with the Bitcoin
price going down, it is expected that XRP will go down further, especially when we now know that Subdegree Waves iv and v have not been placed. By the time we see them, the price should have made a lower low in the $0. 5-0
.6 range. This is where I would place my buy-ladders and load on some more XRP tokens.
Please bear in mind that corrections are healthy. XRP saw an unprecedent and moon shot growth from $0.006 in April 2017 to over $3 in Deember 2017. What goes up quickly, also comes down to average. This is also true for Bitcoin
, right? Having said that, there are no indications of a bearish trend
for XRP and the next impulse after the correction is completed, should bring it back to its December 2017 prices or perhaps even higher.
If this article helps you in anyway, please consider following me on Steemit at cryptogg and upvoting/resteeming it - https://steemit.com/xrp/@cryptogg/did-yo...