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  XRP (RIPPLE) Wave Analysis

Here's the high time frame wave analysis I see on XRP. I am personally looking for one more move down to break the low at yellow before taking off. This pattern seems to be a basing pattern, but could be a massive X wave as well before reaching toward another low. Even if you're a bear on XRP long term, I think you would be remiss in ignoring the potential of a massive move upward.

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