Elliott wave Ripple analysis
The XRPUSD market is forming a bearish impulse, which will consist of five sub-waves [1]-[2]-[3]-[4]-[5]. At the moment, an impulse subwave [3] is being formed. Possibly, the construction of the downward impulse (3) has come to an end as part of the wave [3]. This is a signal for a bullish correction (4). The price in the corrective sub-wave (4) will likely rise to the previous high of 0.740, which was marked by sub-wave 4. In the current situation, it is profitable to consider entering purchases.
Trading plan for XRPUSD today:
Buy 0.694, Take profit: 0.740.
Trading plan for XRPUSD today:
Buy 0.694, Take profit: 0.740.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.