Elliott wave Ripple analysis 01.03.2022

The XRPUSD market is forming a corrective trend as a triple zigzag. There must be forming the linking wave XX as a double zigzag [W]-[X]-[Y], with the first two sub-waves completed within. There must be forming the final motive wave [Y] as a simple zigzag (A)-(B)-(C), as outlined in the chart. The [Y] wave should end at a level of  0.914, the high marked by the [W] wave.

Trading plan for XRPUSD today:

Buy 0.771.

Take profit: 0.914.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.03.2022 | LiteFinance

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