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Elliott wave Ripple analysis 02.02.2022

The XRPUSD market is rising in the potential double zigzag [W]-[X]-[Y]. The first two sub-waves of the zigzag may have completed, and the final sub-wave [Y] is currently unfolding. The Ripple price should be rising in the [Y] wave to a level of 0.685, where waves [W] and [Y] will be equal.

Trading plan for XRPUSD today:

Buy 0.623.

Take profit: 0.685.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.02.2022 | LiteFinance


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