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RE: Ripple is eyeing $4.81 (153% gain) as Elliot Wave Correction looks like it is over.
Sorry, I don't see it. The whole idea of Ripple going up this high in the first place is their "potential" to be listed with Coinbase and that rumor is squashed.
If Ripple make a deal with Western Union and a few more companies - why price of 5$ would be unrealistic? Maybe not right now but in 2,3 months - very possible. Number of users will increase, number of transactions will go up (even without Coinbase the money will flow), Ripple have practical usage - ready to be implemented, check this out: