Elliott wave Ripple analysis  08.06.2022

The XRPUSD is forming the motive down wave Z as a standard zigzag [A]-[B]-[C], with the bearish impulse wave [C] unfolding inside as a five-wave impulse. The first four legs have completed in the [C] wave so far, and the final wave (5) is developing as an impulse. Wave (5) could end at a level of 0.331, the previous low marked by impulse wave (3).

Trading plan for XRPUSD today:

Sell 0.393,

Take profit: 0.331.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 08.06.2022 | LiteFinance

Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.