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RIPPLE / USDT Setting Up For ABC Correction

POLONIEX:XRPUSDT   Ripple / Tether USD
RIPPLE dropped nicely and looks to be entering an ABC corrective pattern. We just saw Wave A at $1.64 - matching the 4 Wave range. Our next target is Wave B at about $2.25 - matching the 3 Wave range. After that, Wave C should return to at or under $1.64. It could continue a downtrend after this point or bounce off the $1.60 support and continue a new impulse wave up.

Things to watch:
BTC             movements could break the pattern. RIPPLE has been pretty reactive to BTC             recently. A BTC             movement could cause anomalies or break out of the standard ABC trend.

TARGETS:
Wave A at $1.64.
Wave B at about $2.25.
Wave C at or under $1.64.

Note:
This is an idea of a future market movement. The current markets are highly volatile and can change at any moment. It is not a suggestion to trade, and I am not a financial advisor.
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