Elliott wave Ripple analysis 08.02.2022

The XRPUSD is forming the upward linking wave XX as a double zigzag. So far, sub-waves [W]-[X] have finished, and the final sub-wave [Y] is developing as a double combination, which should finish at a level of 0.930. Once the suggested target level is reached, the downtrend will resume.

Trading plan for XRPUSD today:

Buy 0.880.

Take profit: 0.930.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.02.2022 | LiteFinance


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