Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.08.2024

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Dear readers,

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

Highlights and key points

BTCUSD: the price is declining in impulse wave C to 48,970.00, a level located at the low of A. Short positions can be opened from the current level with a target of 48,970.00
XRPUSD: the price is falling in the last part of correction (B) – subwave Y. The target is located at the low of W, 0.4258.
ETHUSD: this crypto pair is also declining. A bearish impulse (5) of [C] is currently developing. The target is at 2,100.00. Consider opening… Read full author’s opinion and review in blog of #LiteFinance

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