The XRPUSD market shows that a major corrective wave ended in the first half of December. After wave B has been completed as a horizontal contracting triangle [A]-[B]-[C]-[D]-[E], the price declined. Now the bearish wave C is unfolding as an impulse ---- as shown in the chart. Wave C could end at the low of 0.316, marked by first impulse wave A.
Trading plan for XRPUSD today:
Take profit: 0.316.