Elliott wave Ripple analysis 08.03.2022

After the linking wave XX completed, the market has been forming the motive wave Z as a double zigzag [W]-[X]-[Y], with the linking wave [X] developing inside as a double zigzag of a smaller degree (W)-(X)-(Y). The pattern should soon be concluded by the final sub-wave (Y) at a level of 0.829, where the (Y) will reach the Fibonacci ratio of 76.4% of the (W) wave.

Trading plan for XRPUSD today:

Buy 0.719.

Take profit: 0.829.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.03.2022 | LiteFinance

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