We can see the first actionary wave W of a projected double zigzag forming. The wave W looks like a triple zigzag [W]-[X]-[Y]-[X]-[Z], which requires sub-wave [Z] to be complete. This sub-wave can form its pattern — zigzag (A)-(B)-(C) — at around 0.464, where sub-waves [Y] and [Z] will be equal. The nearest buying target is the previous high of 0.408 formed by the sub-wave [Y]. The first impulse sub-wave (A) is expected to form at that level.
Trading plan for XRPUSD for today:
Take profit: 0.408.