Looks like an accumulation is underway. Price could jump to $.20. No set rebuy price target on the retrace but it could dip below $.18 or only insignificantly. XRPUSD has been under a lot of perceived sell pressure. That pressure could in fact be heavy whale accumulation. If you think so, then don’t expect much retrace.
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On 15 min timeframe, looks like XRPUSD had finished an accumulation at pink vertical line on 2 July, and just now finished a wave 2 as part of the red descending channel. Wave 3 will break through that channel.
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