Elliott wave Ripple analysis

The XRPUSD market has completed the development of the downward wave (W). It took the form of a simple A-B-C zigzag. Most likely, there should be developing the final leg of the zigzag linking wave (X). Impulse wave A and double zigzag correction B look complete. In the near future, the market may continue to move upward in impulse C to the level of 1.300. At this level, wave (X) will reach the Fibonacci level of 50% of motive wave (W).
Wave Analysis

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