The XRPUSD market is forming a large motive eave (Y) as a simple zigzag A-B-C. Wave (Y) is an element of a larger corrective trend. In the (Y) wave, the first impulse wave A has completed, and the corrective wave B is unfolding as a double zigzag [W]-[X]-[Y], which is about to end soon. The final wave [Y] should end at a level of 1.055, where the entire correction B will be 61.8% of impulse A.
Trading plan for XRPUSD today: