Road to $3? Lets clear things out first.
I did not see any one complaining when we reached 2.9 without even a small consolidation.
Markets have their ups and downs, mostly affected by news, political and economical.
Also a pullback can happen due to market overheat and change of emotions (fear/greed).
Right now both reasons played a key role to this pullback, which in my opinion should have been expected.
What happens next?
Nothing is over, imagine XRP is a plane which took a huge climb and stalled. Luckily it did not crash, but stabilized on $2 zone.
About a week ago i warned that a pullback should be expected. It happened 24 hours after the expected timeframe (i mentioned 24 to 48, it took another day). You cant be always accurate.
Big whales and expert traders are already aware of it, so they decide to lure you in a bull trap messing up with your emotions and portofolio. (Dead cat bounce effect on $2.7)
It was clear on the 1D timeframe that a short reversal was about to take place. There was no bull flag there.
Right now we maintain this flight level, gathering enough force to take a climb on $3 zone, maybe further.
For this to take place i believe we will have to give 3-4 days of consolidation, this is what MA long term lines are showing.
Whatever happens, remember always to HODL your bag of XRP and never sell them.
Iam not and will never be your financial advisor.
Please always do you own research.