Elliott wave Ripple analysis 01.02.2022

The most recent chart section displays the initial part of the new bullish wave unfolding as a double zigzag [W]-[X]-[Y]. The first motive wave [W] must have completed, as well as the linking wave [X]. The Ripple price should be rising in the final motive wave [Y] to a level of 0.685, where waves [W] and [Y] will be equal.

Trading plan for XRPUSD today:

Buy 0.622.

Take profit: 0.685.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.02.2022 | LiteFinance

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