Elliott wave Ripple analysis 09.03.2022

The XRPUSD market is forming the final sub-wave Z of the global triple zigzag. The Z wave is unfolding as a double zigzag [W]-[X]-[Y], with the first motive sub-wave [W] completed and the linking wave [X] developing inside as a double zigzag (W)-(X)-(Y) of a smaller degree. The [X] wave should end at a level of 0.829, where wave (Y) will be 76.4% of the (W) wave.

Trading plan for XRPUSD today:

Buy 0.744.

Take profit: 0.829.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 09.03.2022 | LiteFinance

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