Elliott wave Ripple analysis 26.01.2023

The last section of the XRPUSD chart displays the development of a new zigzag (A)-(B)-(C). It can contribute to the formation of the actionary wave [Y] to the level of 0.557. The approximate structure of this zigzag is displayed in the chart. The first impulse wave (A) is expected to end around the level of 0.468.

Trading plan for XRPUSD today:

Buy 0.412,

Take profit: 0.468.

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