Elliott wave Ripple analysis 18.03.2022

The triangle linking wave (X) finished, and the XRPUSD market has been forming the motive wave (Y), the final leg of the linking wave [X] of a larger degree. The (Y) wave should be unfolding as a standard zigzag A-B-C. The final impulse wave C should finish at a level of 0.860, where the entire wave (Y) will be 76.4% of the (W) wave. Next, the price will be falling in sub-wave [Y] to a level below the low of 0.615. 

Trading plan for XRPUSD today:

Buy 0.785.

Take profit: 0.860.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 18.03.2022 | LiteFinance

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