According to Elliott Wave Theory, XRP is forming a triangle in wave B.
Wave A (previous uptrend): XRP completed its wave A, which was a uptrend.
Wave B (current triangle formation): XRP is forming a triangle in wave B, which is a corrective wave. This triangle is a consolidation phase before the next major move.
Wave C (upcoming uptrend): Once the triangle in wave B is complete, XRP is expected to start its wave C, which will be a strong and rapid uptrend.
The prediction is that wave C will take XRP to a new high, potentially around eighteen.
