The XRPUSD market is forming wave [C] as an impulse, with corrective wave (4) completed inside as a simple zigzag A-B-C. Next, the market turned down and started declining. There is forming sub-wave (5) as an impulse 1-2-3-4-5, as outlined in the chart. The potential impulse should end at level 0.285, the previous low marked by impulse (3).
Trading plan for XRPUSD today:
Sell 0.360,
Take profit: 0.285.
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