The XRPUSD market is forming the bearish wave Z as a descending double zigzag [W]-[X]-[Y], with the linking wave [X] completed inside. The [X] wave is composed of three sub-waves (W)-(X)-(Y). The market should be going down in the final sub-wave [Y], likely unfolding as a downward zigzag (A)-(B)-(C), as outlined in the chart. The first impulse wave [A] could end at a level of 0.738, marked by correction B.
Trading plan for XRPUSD today:
Sell 0.825.
Take profit: 0.738.
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