Elliott Wave analysis for Ripple 15.03.2024

A bullish impulse is developing in the Ripple chart. Its subwaves [1] and [2] — a leading diagonal and a zigzag — look complete. The price is currently growing actively in the first part of bullish impulse [3]. The subwaves (1)-(2) of wave [3] are formed. The price is expected to grow in subwave (3) soon to the peak of 0.740 and then higher.

Trading plan for XRPUSD for today:

Buy 0.623,

Take profit: 0.740.

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