Elliott wave Ripple analysis 09.06.2023

The XRPUSD market is forming the initial part of the final wave C, which is part of the bullish zigzag (Y). Wave C will take the shape of an impulse [1]-[2]-[3]-[4]-[5]. Shortly expect the construction of impulse [3], correction [4], and sub-wave [5]. The uptrend will end around the level of 0.582. In the current situation, consider purchases.

Trading plan for XRPUSD today:

Buy 0.523,

Take profit: 0.582

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