Elliott Wave analysis for Ripple  19.04.2022

The middle part of a double zigzag (W)-(X)-(Y) — a linking wave (X) — continues forming in the XRPUSD chart. Its inner structure suggests a double zigzag W-X-Y. Its two subwaves, W and X, appear to have formed already. So, the price can be expected to rise to a level of 0.822 in the ultimate actionary subwave Y in the near time. At that level, the size of the whole linking wave (X) will be 61.8% of the wave (W). 

Trading plan for XRPUSD for today:

Buy 0.765,

Take profit: 0.822.

LiteFinance: Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 19.04.2022 | LiteFinance

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