Elliott wave Ripple analysis 05.04.2023

XRPUSD completed the impulse sub-wave 3 inside the impulse (5) of [C]. Bearish correction 4 will soon be completed as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. Soon, after this, expect the price to rise in the last ascending sub-wave 5, approximately to the high of 3. At the level of 0.581, the bullish impulse (5) will be 123.6% of the impulse (3).

Trading plan for XRPUSD today:

Buy  0.505,
Take profit: 0.581.





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