Today is March 18th, XRP price is sitting at around 37 cents - certainly disappointing.
According to my big picture count XRP needs to print a higher high before April 19th - so that is a bit more then a month away. XRP is famous for doing explosive price moves though, well ... we certainly need one of those.
Count wise it remains possible, we have a potential leading diagonal in the "A" position, and we could be in finishing our "B" wave soon - then we need a very powerful C wave. Not some shitty impulse with big retraces in the initial phase, but something very powerful. Some hope left but we should see a meaningful reversal in the next couple of days. If not we may get a lower low to reset the counter & we can start all over again.
Let me take a look at the recent price action, because so far there is absolutely no sign of a powerful impulse, as I pointed out on my Twitter a couple of days ago, the only bullish potential I see right now is that of a triangle in the "Y" position. That scenario remains on the table as follows:
If we are in a triangle it is most likely a barrier triangle and it still in progress and needs to provide us the (e) wave - after that we should explode.
I am ending with the big picture :
Well that's all for now, have a good weekend.
Lots of Love