One more time I found my inspiration for After Effects tutorial on Instagram. It was more complex animation than my example in this tutorial but I liked the idea of infinite wave and I tried to recreate it here. Hope you will find it useful.
After Effects Template: http://easyaftereffects.net/wave-path-animation-in-after-effects
Website: http://easyaftereffects.net
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0:00 – Preview
0:06 – Create a Background
0:19 – Draw a wave shape
1:05 – Animate a wave path and loop it
2:29 – Add some object(e.g. Ball)
3:28 – Animate this object like it jumps on the wave
5:04 – Easily change the bounce height as you want
5:41 – Add an arrow to the path
7:20 – Result
Music:
Away – Patrick Patrikios
Beyond – Patrick Patrikios
Just Dance – Patrick Patrikios