Elliott wave Ripple analysis 18.11.2021

The XRPUSD market is forming the linking wave (X) as a triangle, with sub-waves A-B-C-D completed inside (the first two sub-waves are not seen in the chart). The price should continue rising in the final wave E, possibly unfolding as a simple zigzag. Wave E should finish at a level of 1.325. One could enter purchases in the current situation.

Trading plan for XRPUSD today:

Buy 1.131, TP 1.325

LiteForex: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (18 November 2021) | LiteForex

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