XRPUSD(Elliott Wave)Hello friends
In Ripple digital currency we see a clear triangle.
Triangles are usually seen in wave B or 4. Therefore, taking into account these two theories, we make a trading plan.
Triangles are always followed by a trend reversal (even a limited one).
Therefore, to complete this triangle, we first need a price rise to the 0.5700 range to complete the triangle, and then we predict a price decline.
According to the chart, this price reduction can continue up to the range of 0.4200, which is a trend number.
To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost.
Be successful and profitable.