Elliott Wave analysis for Ripple 22.04.2022

The XRPUSD crypto pair is following a corrective downtrend, which may develop as a double zigzag (W)-(X)-(Y), as shown in the chart. The linking wave (X) is currently developing. Its inner structure is complex. Most likely, this wave will form as a double zigzag W-X-Y. The price is expected to grow in the actionary subwave Y to 0.822, where the size of wave (X) will be 61.8% of wave (W).

Trading plan for XRPUSD for today:

Buy 0.729,

Take profit: 0.822.

LiteFinance: Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 22.04.2022 | LiteFinance

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