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Elliott wave Ripple analysis 20.03.2023

Ripple builds a linking wave (X) as a double zigzag W-X-Y. The last actionary wave Y is unfolding as the standard zigzag [A]-[B]-[C]. Correction [B] has been completed as a triple zigzag. Now the price is rising within the final impulse wave [C]. This impulse is expected to end around level 0.449, where it will be 76.4% of the previous impulse wave [A].

Trading plan for XRPUSD today:

Buy 0.382,
Take profit: 0.449.





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