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Elliott wave Ripple analysis 21.07.2022

The XRPUSD market is forming a long-term double zigzag with the motive wave (Y) developing inside as a triple zigzag W-X-Y-X-Z. Wave Z is currently forming as a standard zigzag [A]-[B]-[C]. Wave (4) of [C] must have completed as a zigzag A-B-C. The Ripple price should be falling in sub-wave (5) to a level of 0.285.

Trading plan for XRPUSD today:

Sell 0.361,

Take profit: 0.285.






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