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


Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.