Elliott wave Ripple analysis 27.01.2022

The XRPUSD market completed the long-term motive down wave Y, and the price has started rising. The most recent chart section could display the initial part of the new bullish wave unfolding as a double zigzag [W]-[X]-[Y], as outlined in the chart. The first motive wave [W] and the linking wave [X] must have completed. The price should be rising in the final motive wave [Y] to a level of 0.685.

Trading plan for XRPUSD today:

Buy 0.595.

Take profit: 0.685.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.01.2022 | LiteFinance


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