EnglishMyanmar (Burmese)

Elliott wave Ripple analysis 04.02.2022

The XRPUSD market continues rising in the double zigzag  [W]-[X]-[Y]. There is unfolding the final subwave [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]. One could enter purchases in the current situation.

Trading plan for XRPUSD today:

Buy 0.607.

Take profit: 0.658.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 04.02.2022 | 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.