Prospects of Ripple | Fundamental analysis 13.02.2020

In the correction, Ripple balanced the decline more than enough (the price fell 94% from the maximum), which is very suitable for a tedious 700-day primary level correction. And since the correction is coming to an end, we should expect the beginning of a new growth cycle within the primary level wave.
This wave should break the maximum of the wave (3.2$).

The first and most frequent target of the third wave is the Fibonacci coefficient 1.618 from wavelength 1.

In our case, this level falls on the price of ~ $5.5$, which from the current prices is 2500% growth or 25x.
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