02-05-2025 08:24 via litefinance.org

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.05.2025

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Major Takeaways BTCUSD: The price is expected to rise in subwave [1] to 97,800.00. Consider long positions with Take Profit at 97,800.00. XRPUSD: Correction [2] is complete. The price is projected to rise in the initial part of subwave [3] to a high of 2.581. Consider opening long positions. ETHUSD: A new bullish wave could develop. Consider buying at the current l
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