Elliott wave Ripple analysis 02.03.2022

The XRPUSD is forming the corrective trend as a triple zigzag. The current chart displays the second linking wave XX unfolding as a double zigzag [W]-[X]-[Y], with the first two sub-waves completed inside. There is developing the final leg, the motive wave [Y], as a simple zigzag (A)-(B)-(C), which should finish at a level of  0.914, as outlined in the chart. Level 0.914 is the high, marked by wave [W]. 

Trading plan for XRPUSD today:

Buy 0.772.

Take profit: 0.914.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 02.03.2022 | LiteFinance


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