The XRPUSD continues forming impulse wave [C]. It is clear from the above chart that impulse (3) and the complex correction (4), composed of sub-waves W-X-Y-X-Z, have finished within the [C] impulse. The Ripple price is falling in the final impulse sub-wave (5), composed of waves 1-2-3-4-5. The market will continue declining in sub-wave 5 to a level of 0.240, where wave (5) will be 38.2% of impulse (3).
Trading plan for XRPUSD today:
Take profit: 0.240.