Elliott wave Ripple analysis 03.02.2022

The XRPUSD market is rising in the wave unfolding as a double zigzag [W]-[X]-[Y]. There must be developing the final sub-wave [Y] as a simple zigzag, as outlined in the chart. The final impulse wave could end at a level of  0.658, marked by the [W] wave. At the indicated level, wave [Y] will reach the Fibonacci ratio of 76.4% of wave [W].

Trading plan for XRPUSD today:

Buy 0.602.

Take profit: 0.658.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.02.2022 | LiteFinance

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