Elliott wave Ripple analysis 19.11.2021

The XRPUSD market continues forming the large linking wave (X) as a triangle, with sub-waves A-B-C-D completed inside. The final leg of the D wave, sub-wave [C], has completed as an impulse (1)-(2)-(3)-(4)-(5). The Ripple price should be rising in the final sub-wave E, which could finish as a simple zigzag at a level of 1.325. One could enter purchases in the current situation.

Trading plan for XRPUSD today:

Buy 1.035, TP 1.325

LiteForex: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (19 November 2021) | LiteForex — Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

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