As per Elliott Wave analysis, XRP/USD made a strong jump and bigger recovery, but we still see it approaching the important 61.8% - 78.6% Fibonacci resistance area in three legs—A-B-C only.
As such, it is important to be aware of the limited gains for wave B, or maybe even alternatively, to a higher degree wave (D), from where we may see another, even bigger decline, at least in three waves.