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XRP 7 wave capitulation structure

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XRP seems to be completing a classic 7 wave capitulation structure. I learned of this structure from Blockchain Backer, who seems to have discovered this pattern on his own. It is not Elliott.
If true, the bottom for XRP is not in.
I post the chart below too.
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Chart PatternsWave AnalysisxrpxrpusdXRPUSDT

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