Elliott wave Ripple analysis 30.12.2021

The XRPUSD market is forming a corrective wave B, consisting of sub-waves [W] – [X] – [Y]. The actionary wave [Y] is unfolding. This wave may take the shape of a double zigzag (W) – (X) – (Y), in which the middle part, linking wave (X), has been completed. Soon, an actionary wave (Y) is expected to develop in the shape of a simple zigzag A-B-C, as shown in the chart. The first impulse wave A will likely end around the previous high of 0.951.

Trading plan for XRPUSD today:

Buy 0.822,

TP 0.951

LiteFinance: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (30 December 2021) | LiteFinance

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