Elliott wave Ripple analysis 31.03.2022

The XRPUSD market is forming a corrective trend. The H1 chart displays the linking upwave XX, with the final leg, sub-wave [Y] completed as a double zigzag (W)-(X)-(Y). There is developing the bearish wave (A), which could drive the price down to a level of 0.816, marked by the linking wave X.

Trading plan for XRPUSD today:

Sell 0.862,

Take profit: 0.816.

LiteFinance: Short-term forecast for BTCUSD, XRPUSD and ETHUSD 31.03.2022 | LiteFinance

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