Elliott wave Ripple analysis

2 בפבר׳ 2022

The XRPUSD market is rising in the potential double zigzag [W]-[X]-[Y]. The first two sub-waves of the zigzag may have completed, and the final sub-wave [Y] is currently unfolding. The Ripple price should be rising in the [Y] wave to a level of 0.685, where waves [W] and [Y] will be equal.

Trading plan for XRPUSD today:
Buy 0.623, Take profit: 0.685.