Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 11.07.2024

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Dear readers,

I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.

Key takeaways

BTCUSD: A descending wave Z is expected to reach 53,490.60. Consider selling from the current level with Take Profit at 53,490.60.
XRPUSD: The bears may push the market to 0.348. Consider selling from the current level with Take Profit at 0.348.
ETHUSD: The pair is in the first part of a bearish impulse (C). Consider selling with Take Profit at 2,806.27.

Elliott Wave analysis for Bitcoin

The last wave of a big complex correction [4] — a descending wave (Z) — appears… Read full author’s opinion and review in blog of #LiteFinance

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