$XRP
Dear readers,
I have prepared a short-term forecast for the cryptocurrency, Ripple, based on Elliott wave analysis
XRPUSD: The price is expected to fall to reach the
bottom level of 1.897, and it will be appropriate to look for sell deals with the take
profit level set at 1.897.
Ripple Elliott Wave Analysis
The XRPUSD chart shows the formation of the bullish impulse wave consisting of waves (1), (2), (3), (4)
and (5), and the strong sub-impulse wave (3) is currently unfolding, and sub-waves 1, 2, and 3 have been completed inside it, and the compound corrective wave 4 is unfolding,
as a double zigzag wave of waves [W], [X], and [Y], and the first two sub-waves have been formed inside it, and the price is expected to fall soon within the sub-wave [Y] to reach the bottom level of 1.897.
Today's XRPUSD trading plan:
Sell 2.254, take profit: 1.897
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