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

Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.