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




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