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Coin market is rising higher in last 24 hours with BTC/USD 5.12%, ETH/USD 27.27%, Dogecoin 99.80%, XRP/USD 17.39%
From an Elliott Wave Analysis approach, Ripple Coin bounced after a corrective movement in wave B/2. Recent higher move seems like wave C/3. XRP/USD, the fifth largest cryptocurrency, can retest the previous highs as part of wave C. And a higher breakout above 2.0 indicates impulsive confirmation for wave 3.
Any intraday corrections or breakout higher will give the bulls opportunity to join the massive rally.
Ripple, XRP/USD 4h Elliott Wave Analysis Chart.
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