Elliott wave Ripple analysis 17.03.2022

The XRPUSD is forming the final leg in the large triple zigzag W-X-Y-XX-Z. There is developing the final motive wave Z as a double zigzag [W]-[X]-[Y]. So far, the motive wave [W] has completed, and the linking wave [X] is currently developing. Wave [X] is forming as a double zigzag (W)-(X)-(Y), with the first two sub-waves completed inside. The price should soon reach a level of 0.860, where sub-wave (Y) will be 76.4% of wave (W). 

Trading plan for XRPUSD today:

Buy 0.756.

Take profit: 0.860.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 17.03.2022 | LiteFinance

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