Elliott wave Ripple analysis 26.01.2022

The XRPUSD market has been declining in the motive wave Y for a long time. The Y wave could have been completed. The most recent chart section displays the beginning of the new bullish wave, unfolding as a double zigzag [W]-[X]-[Y], as outlined in the chart. The first motive wave [W] has been completed, so the price should be moving in the other two sub-waves, [X]-[Y], towards a level of 0.685.

Trading plan for XRPUSD today:

Buy 0.628.

Take profit: 0.685.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 26.01.2022 | LiteFinance

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