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Elliott wave Ripple analysis 10.05.2022

The XRPUSD market is forming the bearish sub-wave Z, the final leg in wave (Y) of a larger degree. Wave Z is unfolding as a double zigzag [W]-[X]-[Y], with the final motive wave [Y] developing inside as a triple zigzag (W)-(X)-(Y)-(XX)-(Z), which is about to end soon. There could be forming the fifth wave in the bearish impulse C, which should finish at a level of 0.436, where waves (Y) and (Z) will be equal.

Trading plan for XRPUSD today:

Sell 0.501,

Take profit: 0.436.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 10.05.2022 | LiteFinance



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