Elliott wave Ripple analysis 18.04.2023

Ripple forms a linking wave (X), which can take the shape of a double zigzag W-X-Y. The final actionary wave Y is currently unfolding. The chart displays its final part, the impulse [C]. Three parts inside the impulse [C] have been completed. Soon expect completion of side correction (4), consisting of sub-waves W-X-Y. The price could then go up to the high of 0.583.

Trading plan for XRPUSD today:

Buy 0.514,

Take profit: 0.583.

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