Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today
Elliott wave BTCUSD analysis
The chart displays the large down zigzag A-B-C, namely, its final segment. The upward corrective wave B looks complete, it is a double zigzag. There is now developing the initial part of the final impulse wave C. There is likely to have completed a small impulse wave , and the price is now rising in the corrective wave . The price could be moving up in this correction to a level of 9350. Next, the price will resume declining in the third wave.
Elliott wave XRPUSD analysis
The bear impulse wave A has completed in the large down zigzag, the upward corrective wave B has also completed. The B correction is a triple zigzag. There is now forming the inceptive phase of the impulse wave C. At the most recent chart section, the market is moving up in the corrective wave 2 that is a simple zigzag [a]-[b]-[c]. The price could be rising in this correction to a level of 0.210.
Elliott wave ETHUSD analysis
After the large upward corrective wave 4, composed of sub-waves [w]-[x]-[y]-[x]-[z], completed, the market has started declining in the new downtrend. There is now developing the initial phase of the final fifth wave. The first two parts of this impulse wave have completed, and there is now developing the third wave that is a down impulse. A small bullish correction (2) should complete soon, next, the market will continue declining.
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