However, the main focus is not the B wave but actually the completion of the C wave. After the bounce of the B wave to $2.57, the C wave is expected to crash it back down toward $2.36 again, but this is where the real fun begins. Once the bottom is marked with the C wave, then the XRP price is expected to see a major breakout.
The XRP open interest also remains high and steady, showing that investors are choosing to stay in their current positions. This could also mean that traders are waiting to see what the price does next before placing further bets.
