Elliott wave Ripple analysis 20.03.2024

The XRPUSD market must have completed the first motive wave [W] as a zigzag. The linking wave [X] is currently unfolding as a standard zigzag (A)-(B)-(C). The first impulse wave (A) has finished as a leading diagonal, and the Ripple price should be rising in correction (B) to a level of 0.652, where wave (B) will be 50% of the (A) wave.

Trading plan for XRPUSD today:

Buy 0.574,

Take profit: 0.652.



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