Elliott wave Ripple analysis 28.01.2022

As the XRPUSD market had stopped falling and started rising, the down motive wave Y must be complete, and the most recent chart section displays the beginning of the new bullish wave unfolding as a double zigzag [W]-[X]-[Y]. The first motive wave [W] and the linking wave [X] may have completed, and the price should be rising in the final motive wave [Y] to a level of 0.685. One could enter purchases in the current situation.

Trading plan for XRPUSD today:

Buy 0.606.

Take profit: 0.685.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 28.01.2022 | LiteFinance

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