Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 29.07.2024

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Dear readers,

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

Highlights and key points

BTCUSD: an ascending wave 3 may continue developing. Consider long positions from the current level with Take Profit at 70864.00.
XRPUSD: the price is expected to drop in correction [B]. Consider selling from the current level with Take Profit at 0.504.
ETHUSD: once correction (4) ends, the price may decline in subwave (5). Consider selling with Take Profit at 2810.52.

Elliott Wave analysis for Bitcoin

BTCUSD is likely forming the first part of a bullish impulse wave in the last segment… Read full author’s opinion and review in blog of #LiteFinance

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