The XRPUSD market has been forming the initial part of the new bear wave after the large linking wave XX finished. There should be developing the down double zigzag composed of sub-waves (W)-(X)-(Y). The first motive wave (W) may have completed as a double zigzag W-X-Y of a smaller degree. The market is now rising in the initial part of the bullish linking wave (X), which should finish at a level of 0.830, where the (X) will retrace the (W) by half.
Trading plan for XRPUSD today:
Buy 0.787,
Take profit: 0.830.
![LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.04.2022 | LiteFinance](https://cdn.litemarkets.com/cache/uploads/blog_post/wave-analysis-crypto/2022/08-04/XRPUSDH1.png?q=75&s=2666da6110327bc82a89e35192968028)
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