Elliott wave Ripple analysis 25.08.2022

The XRPUSD market is forming the motive wave W as a triple zigzag, with the final sub-wave [Z] developing inside as a simple zigzag (A)-(B)-(C), as outlined in the chart. So, there will be developing two impulse waves (A) and (C) and correction (B). The price could be rising to a level of 0.408, the previous high marked by sub-wave [Y].

Trading plan for XRPUSD today:

Buy 0.339,

Take profit: 0.408.









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