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). One could enter long trades in the current situation.
Trading plan for XRPUSD today:
Take profit: 0.492.