Elliott wave Ethereum analysis 27.04.2022

The last section of the XRPUSD hourly timeframe shows the unfolding of the actionary wave [Y] as a bearish double zigzag (W)-(X)-(Y). The actionary wave (W) development as a bearish double zigzag W-X-Y has been completed. Thus, the price is soon expected to go up within the linking wave (X). The market may continue to rise to level 0.731, at which the linking wave (X) will reach the Fibonacci level of 61.8% of wave (W).

Trading plan for XRPUSD today:

Buy 0.649,

Take profit: 0.731.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.04.2022 | LiteFinance

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