Elliott wave Ripple analysis 06.06.2023

Ripple continues constructing the ascending actionary wave [Z], which consists of waves (W)-(X)-(Y). Sub-waves (W)-(X) have been completed. Now the final zigzag sub-wave (Y) is under construction. As part of the wave (Y), an impulse sub-wave A and a bearish correction B have been completed. Shortly expect the price to rise in impulse C to the level of 0.582.

Trading plan for XRPUSD today:

Buy 0.507,

Take profit: 0.582.

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