Elliott wave Ripple analysis 07.02.2022

The linking wave XX is forming as a double zigzag, with the final sub-wave [Y] developing inside as a double zigzag, as outlined in the chart. The motive sub-wave (W) and the linking wave (X) have completed, and the final motive sub-wave (Y) has just started forming. The Ripple price could be following the (Y) up to a level of 0.845. One could enter buy trades in the current situation.

Trading plan for XRPUSD today:

Buy 0.732.

Take profit: 0.845.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 07.02.2022 | LiteFinance

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