Elliott wave Ripple analysis  25.05.2022

The XRPUSD continues forming the descending impulse wave [C] composed of five sub-waves (1)-(2)-(3)-(4)-(5), where three sub-waves (1)-(2)-(3) have finished. The market is forming the upward corrective wave (4) as a double zigzag W-X-Y, with the final motive wave Y unfolding as a triple zigzag. The entire pattern could finish at a level of 0.492, where wave (4) will be 50% of impulse (3).

Trading plan for XRPUSD today:

Buy 0.406,

Take profit: 0.492.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 25.05.2022 | LiteFinance





Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.