Elliott wave Ripple analysis 15.07.2022

The XRPUSD market is falling in wave (5) unfolding as an ending diagonal 1-2-3-4-5. Sub-waves 1-2-3-4 have finished within wave (5), and the final wave 5 is developing as a double zigzag [W]-[X]-[Y], as outlined in the chart. The Ripple price could go down to the previous low of 0.285.

Trading plan for XRPUSD today:

Sell 0.343,

Take profit: 0.285.

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