08-07-2024 08:58 via litefinance.org

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 08.07.2024

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Key takeaways BTCUSD: Downward movement in impulse [C]. Consider selling from the current level with Take Profit at 52,391.91. XRPUSD: The price continues dropping in a descending wave C, presumably to 0.348. Consider selling from the current level with Take Profit at 0.348. ETHUSD: Formation of bearish impulse (C). Consider short positions with Take Profit at 2,806.27.
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