Elliott wave Ripple analysis 21.02.2023

The second linking wave (XX) has been completed within corrective wave [B], which is unfolding as a triple zigzag (W)-(X)-(Y)-(XX)-(Z). Currently, the beforementioned linking wave serves as a double zigzag W-X-Y. Soon, expect a downward movement in a new bearish wave (Z). Bears aim to reach a low of 0.359, marked by actionary sub-wave (Y). Then the price will decline lower.

Trading plan for XRPUSD today:

Sell 0.394,

Take profit: 0.359.

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