Elliott wave Ripple analysis

10 Şub 2022

The XRPUSD market continues rising in the linking wave XX, a part of the global triple combination. The linking wave XX is forming as a double zigzag [W]-[X]-[Y]. The first two sub-waves of the zigzag have completed, and the final wave [Y] is unfolding as a double zigzag (W)-(X)-(Y). The price should be following the motive sub-wave (Y) to a level of 0.930. One could enter purchases in the current situation.

Trading plan for XRPUSD today:
Buy 0.868, Take profit: 0.930.