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Elliott wave Ripple analysis 29.11.2021

The XRPUSD market continues forming a triangle pattern, with the down wave D completed inside as a double zigzag [W]-[X]-[Y]. The market is now going up in the final wave E, likely unfolding as a simple zigzag [A]-[B]-[C], as outlined in the chart. The first impulse sub-wave [A] could finish around the previous high of 1.070. Therefore, the market should be rising in sub-waves (3)-(4)-(5) to the indicated level.

Trading plan for XRPUSD today:

Buy 0.972

TP 1.070

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (29 November 2021) | LiteFinance

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