The XRPUSD is forming a bearish impulse wave [C], the final leg of the motive wave Z. Wave [C] is composed of sub-waves (1)-(2)-(3)-(4)-(5). The sideways correction (4) is currently unfolding as a triangle A-B-C-D-E. The price could rise in the final wave E to a level of 0.406. Next, the Ripple market should be declining in sub-wave (5), as outlined in the chart.
Trading plan for XRPUSD today:
Buy 0.394,
Take profit: 0.406.
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