The XRPUSD continues forming the descending impulse wave [C], with wave (4) unfolding inside. Correction (4) should be developing as a double zigzag W-X-Y. The market must have completed the linking wave X as a double zigzag [W]-[X]-[Y]. The Ripple price should be rising in the motive wave Y to a level of 0.492, where wave (4) will be 50% of impulse (3).
Trading plan for XRPUSD today:
Buy 0.404,
Take profit: 0.492.
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