Elliott wave Ripple analysis 04.03.2022

The XRPUSD market is forming the large linking wave XX as a double zigzag [W]-[X]-[Y]. The first two parts of the double zigzag have finished. There is unfolding the motive wave [Y] as a double zigzag (W)-(X)-(Y). The motive sub-wave (W) and the linking sub-wave (X) have completed. The Ripple price should be rising in the final sub-wave (Y) to a level of 0.914, marked by wave [W]. One could enter long trades in the current situation. 

Trading plan for XRPUSD today:

Buy 0.739.

Take profit: 0.914.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 04.03.2022 | LiteFinance

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