Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 05.07.2024

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Key takeaways BTCUSD: A complex correction [4] continues developing. The price is projected to drop to 52,391.91. A sell signal: after a breakout at 54,147.55. Stop Loss: 55,074.13, Take Profit: 52,391.91. XRPUSD: The price may continue declining to 0.377. A sell signal: after a breakout at 0.3930. Stop Loss: 0.416, Take Profit: 0.377. ETHUSD: The price is falling in a zigzag-sha