Good morning,

I notice there is not much interest in XRP lately, so I hope the title of this post will get some more attention. 

The recent price action...  I can only say that I am not interested in upward price action as long as we haven't reached my yellow box, a retrace in that box is required if we are dealing with an expanding diagonal, and as stated it is the only bullish potential I see at this point. I have some buy orders in that box and hopefully that will FLIP things around :

Short term price action, not much to report... I did change Fridays pop to an "xx" wave, the move was a bit out of proportion for a b wave.  We are coming closer to the yellow box, actually let me change that name to "Golden Box®" ; sounds a lot better. Anyways, the price action since Friday avo is extremely boring, could be working on a little triangle for b, if so all we need is a thrust lower for c, and that will bring us to the Golden Box®.

Let me look at the big picture :

A leading diagonal here at the bottom could be extremely bullish, but we also wasted a lot of time creating it... and if the big picture is an expanding diagonal we only have 1 month left to conclude the structure because wave 5 has to stay shorter then 3 in time (and longer in price).

So that means that by early October we must print higher highs - is that even possible?? Well I guess anything is possible in crypto, but we need a dramatic reversal, from 32 cents to who knows how high. Target could be the an overthrow of the diagonal trendline, and that price is not fitting on the chart right now. Am I dreaming? No! Only believing in the potential of a structure, just have to see if it plays out or not. IF ... THEN....

It's a FAQ question... Wen Moon? I can only say that the time is potentially here. The structure says, IF the low is in it has to happen soon and in a very short time period. We need to moon, soon....  

Can we print a lower low? Anything remains possible, but even in that scenario I would expect a move higher first to the resistance AND then a move lower but not below 0,1767 - it would add another X of higher degree, and in that case the leading diagonal would become a triple zigzag structure, as stated before there is structurally no difference between a diagonal and a triple zigzag. In fact the current structure is a fractal of the big picture. There is no impulse on the chart, and that makes things complicated.

Okay, that's all for now.

Good luck and have a nice Sunday and keep an eye on the price.