Let's watch closely the square on the left side of the chart. It mark the correction wich took place between Dec 22 and Dec 26. It is a triangle correction. The same correction gave us the last ATH .
Now if we copy that square with his and his wave count, and we put everything over the current correction we will see that they are almost identical.
Same hight, same lenght (till now) and almost the same pattern.
It could be a .
If we consider that "correction 1" gave us tht massive surge in price, we can be sure to expect the same once the correction will be completed.
The first wave up will get prices between 3.30 USD (exacltly as the hight of the wave III of Dec 30) and 3.70 USD ( at Fib 3.618, as it did before).
After that a small correction will take place, once done XRP will reach, and probably pass the 4.00 USD.
Anyway, the target will be the same. In fact descending triangles doesn't mean a bearish scenario. A bullish or bearish scenario depends from the wave count and not from the shape of the triangle correction. If the triangle has 3 waves down (a, c and e) and 2 up (b and d), as in this case, that means bullish. While if the 3 waves are up (a, c and d) means that the outlook is bearish.
Even though this seems to me as the most probable scenario, only at the end of wave d we are going to have a definitive confirmation of this pattern. An alternative count is always necessary.