$XRP

Dear readers,

I have prepared a short-term forecast for the cryptocurrency, Ripple, based on Elliott wave analysis

Key points

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 1.895.

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 waves have been completed inside it, and the price is expected to fall soon within the sub-wave [Y] to reach the

bottom level of 1.895.

Today's trading plan for XRPUSD:

Sell 2.248, take profit: 1.895

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