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


Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.