Good afternoon

Despite the drop in the stock market XRP has not reached my yellow target box yet, I still hope it will eventually get there, as it would give us the potential of a leading diagonal in the first wave position. It is nothing more then a potential though, because it might just as well be a triple zigzag for a higher degree X in the big picture.  Structure wise there is no difference between a triple zigzag and a diagonal, it is the price action that comes after the structure that will give the answer. But often times triple zigzags do not respect that time/price ratio that you expect in diagonals.  So IF we get down to my target box my preferred count will be that of a leading diagonal.

So far the current structure respects the rules of a leading diagonal, the only thing missing is a wave 4 that becomes bigger in price then wave 2, and that is where the yellow target box comes from (as explained in my previous post) :

This week we had some confusion corrective price action, probably for a b wave that ended with a pop earlier today, that is how corrections most of the time end for XRP. So I moved my yellow target box a bit to the right but at same price level, some more patience needed. 

That's all for now.

Sincerely Yrs,