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Elliott wave Ripple analysis 15.03.2022

The hourly XRPUSD chart displays the final part of the triple zigzag W-X-Y-XX-Z. The Z wave must be developing as a double zigzag [W]-[X]-[Y]. There is unfolding the linking wave [X] as a double zigzag (W)-(X)-(Y), where the linking wave (X) is a contracting triangle. The entire pattern should end at a level of 0.863, where wave (Y) will be 76.4% of the motive wave (W).

Trading plan for XRPUSD today:

Buy 0.755.

Take profit: 0.863.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 15.03.2022 | LiteFinance


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