Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.08.2024

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 pair is expected to continue declining in correction (2) toward 54291.00. Consider short trades at the current level with a take-profit order placed at 54291.00. XRPUSD: the price is expected to grow in the impulse wave (C) to the high of 0.654. Consider long trades at the current level, taking profits at 0.654.