Elliott wave Ripple analysis 23.12.2021

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:

Buy 0.995,

TP 1.055

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (23 December 2021) | LiteFinance

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