Elliott wave Ripple analysis 21.12.2021

The XRPUSD market is forming the motive wave (Y) as a simple zigzag A-B-C. There is developing the corrective wave B as a double zigzag [W]-[X]-[Y]. The final motive wave [Y] will be concluded by the (Y) wave, namely, by its final impulse wave C. The Ripple price should be rising to a level of 0.966, where corrective wave B will retrace the A impulse by 50%.

Trading plan for XRPUSD today:

Buy 0.878,

TP 0.966

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (21 December 2021) | LiteFinance

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