Here's a quick analysis of XRP. We have 5 waves upwards, now it's time for correction. Not much to mention here as the chart explains everything. However, if you have any questions, state it in the comment section.
I tend to agree that the current wave being an ABC correction. The breakout of a bullish consolidation pattern after a nice Wave 3 suggested ... more ... for Wave 5. As I noted in one of my charts, it is technically possible for Wave 5 to be that short, just because I dont like it doesnt mean it wasnt a Wave 5. Following that line of thought, this would in fact be an ABC correction, BUT, I do not believe it will go past 0.77... we might see 0.77 again for wave C, but getting below that would be tricky.