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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum


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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The BTCUSD market is forming the final element of the large impulse wave. There is now developing wave [5], where sub-waves (1)-(2)-(3) have completed, and there is now forming the sideways corrective wave (4). It can complete as a horizontal contracting triangle A-B-C-D-E. The price is now likely to be declining in the corrective wave C. An approximate trajectory of the Bitcoin future price movement is outlined in the chart.

Elliott wave XRPUSD

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There is now forming a zigzag-shaped pattern, where corrective wave (B) has recently completed. Wave (B) is composed of the sub-waves W-X-Y. Now, the market is moving up in the impulse wave (C). Within this impulse, there is developing the sideways correction 4 that is likely to complete as a contracting triangle. When the sub-waves [c]-[d]-[e] complete within this triangle, the price could resume rising in wave 5, as it is outlined in the chart.

Elliott wave ETHUSD analysis

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The ETHUSD market continues following the long-term uptrend. Within the impulse wave A, there is developing the final impulse 5, namely its fourth element. So, there is now unfolding the corrective wave (4) that may complete as a double three w-x-y. The sub-waves w and x look complete, so, the price should be declining in wave y for some time. The entire wave [5] should finish at a level of 420.00.

For more information follow the link to the website of the LiteForex

https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-06/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD The corrective wave (4) is likely to ha

My problem with these ‘support level lines’ is they are drawn from the extremes.  In the example above they are from wick-tip to wick-tip.  (If they were candles) In reality those lowest highest

Elliott wave daily forecast for Bitcoin, Ripple and Ethereum Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today Elliott wave BTCUSD After the sideways corrective wave [4]

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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In the upward impulse wave currently unfolding, there is forming a long corrective wave (4). It is developing as a zigzag A-B-C, where A is an impulse, B is a triple zigzag. Wave C is also a five-wave impulse that hasn’t yet completed. The market should be moving down in the sub-waves [3]-[4]-[5] to a level of 10516.68, as it is outlined in the chart. This level is the previous low made by the bearish impulse wave A.

Elliott wave XRPUSD

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The XRPUSD market continues moving in the uptrend. The chart displays an impulse wave that is composed of the sub-waves 1-2-3-4-5. There have completed impulses 1 and 3, and correction 2, which is a double zigzag. The market is now forming correction 4 that is likely to complete as a double three [w]-[x]-[y]. In the near future, the price should be declining in the final zigzag (y) to a level of 0.252. When the corrective movement ends, the market could be rising.

Elliott wave ETHUSD analysis

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The ETHUSD market is about to finish the corrective wave (4) within the bullish impulse [5]. It signals that the market should continue rising in the final wave (5). Correction (4) has completed as a horizontal contracting triangle a-b-c-d-e. Therefore, the price should be rising next in wave (5) to a level of 420.00. After that, there should start a new downtrend.

For more information follow the link to the website of the LiteForex

https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-12/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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There continues forming the fourth element of the upward impulse wave, which is the sideways correction (4). It is likely to be developing as a double three W-X-Y. After the bullish linking wave X completed as a triple zigzag, the market has started declining in wave Y. Wave Y may complete as a double down zigzag [W]-[X]-[Y]. The linking wave [X] should complete soon. Next, the market should be declining in the final wave [Y] to a level of 10900.

Elliott wave XRPUSD

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The XRPUSD market is growing in the final impulse wave (C), which is an element of the upward zigzag of a higher degree. The price is now smoothly declining in correction 4. This correction may complete as a double zigzag [w]-[x]-[y]. The final wave [y] may also complete as a double zigzag, there is now developing its final zigzag (y). The price should rise a little in the correction b. Next, the market should be declining in the c impulse to a level of 0.252.

Elliott wave ETHUSD analysis

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The ETHUSD market continues forming the final impulse wave [5] of the global impulse A. In wave [5], there have completed the sub-waves (1)-(2)-(3)-(4). The corrective wave (4) has completed as a horizontal contracting triangle. The market is now rising forming the initial part of the wave (5). Wave (5) should complete as a simple five-wave impulse. An approximate trajectory of the Ethereum future price movement is outlined in the chart.

For more information follow the link to the website of the LiteForex

https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-13/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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There is developing the sideways corrective wave (4), which is a double three W-X-Y. After the upward linking wave X completed as a triple zigzag, the cryptocurrency pair started declining in wave Y. This wave is likely to complete as a double zigzag [W]-[X]-[Y]. The sub-waves [W] and [X] completed, waves [Y] has just started forming. Over the next few weeks, the price should be declining towards level 10900.

Elliott wave XRPUSD

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The XRPUSD market is developing the down corrective wave (4), which is unfolding as a double zigzag [w]-[x]-[y]. There is now developing wave [y], which is also should be a double zigzag (w)-(x)-(y). The sub-waves (w) and (x) look complete, and the final wave (y) is yet developing. The bullish correction b may have completed in the (y) wave. SO, the price should be moving down in the c impulse to a level of 0.252.

Elliott wave ETHUSD analysis

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The price is rising in the upward impulse wave A, namely, in its final element, impulse [5]. The sub-waves (1)-(2)-(3)-(4), where the corrective wave (4) is a triangle. The market is now following the final bullish impulse wave [5], which is composed of the sub-waves 1-2-3-4-5. Impulse 3 is likely to complete soon. Next, the price should go down a little in correction 4. After that, wave 5 may conclude the entire uptrend at a level of around 450.20.

For more information follow the link to the website of the LiteForex

https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-14/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The corrective wave (4) is likely to have finished. It is composed of three sub-waves W-X-Y, where sub-waves W and Y are simple zigzags, and the linking wave X is a bullish triple zigzag. There is now forming the upward impulse wave (5), which is a simple impulse. The market should be rising in the final phases of the bullish trend to a level of 12600.

Elliott wave XRPUSD

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The XRPUSD market is likely to have finished the corrective wave 4 that is a part of the bullish impulse (C). It is composed of the three major sub-waves [w]-[x]-[y]. After the correction 4 completed, there has started developing impulse wave 5. The first four elements are likely to have completed. Therefore, the market should be rising in the sub-waves [5] of 5 towards a level of 0.330. We shall continue monitoring the market situation.

Elliott wave ETHUSD analysis

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The chart displays the structure of the final wave [5] that is unfolding as a bullish impulse. The first four sub-waves of this impulse, (1)-(2)-(3)-(4), have completed. There is now forming the final, fifth waves in the upward impulse wave (5). Presumably, the market should soon reach level 500.00, where the entire uptrend should finish. Next, the market should turn down and start declining.

For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-17/?uid=285861726&cid=79634
 

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The chart displays the structure of the bullish impulse wave A, with impulse wave [5] unfolding within. Sub-waves (1)-(2)-(3)-(4) have completed within wave [5]. There is now developing impulse (5), namely its final section. Presumably, the entire impulse pattern should finish at a level of 12800. Therefore, the price should be rising for some time to the indicated level.

Elliott wave XRPUSD

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The XRPUSD market continues rising in the linking wave [X], with the bullish impulse wave (C) developing within wave [X]. After correction 4 completed, the fifth wave of this pattern has been unfolding as an impulse [1]-[2]-[3]-[4]-[5]. The first four elements of this impulse should have completed, and wave [5] is currently forming. The price should be rising to a level of 0.340.

Elliott wave ETHUSD analysis

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The ETHUSD market, like the BTCUSD, is following the impulse wave A, namely, its final leg, impulse [5]. Corrective wave (4) has completed as a horizontal contracting triangle within the impulse [5]. The market is now rising in the final impulse wave (5). Four out of five elements of wave (5) have completed so far. Therefore, the price should be rising towards a level of 500.00.

For more information follow the link to the website of the LiteForex
 

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The global impulse wave A, composed of five waves, should have completed. There is developing the beginning of the down corrective wave B. The BTCUSD market should be declining to a level below 11108.00, which is the previous low made by corrective wave (4). We shall continue monitoring the market trends.

Elliott wave XRPUSD

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The current formation of the XRPUSD market suggests that the upward linking wave [X} has completed as a standard zigzag (A)-(B)-(C). There is now forming the beginning of the new downtrend. Most likely, the Ripple price should be declining to a level below the previous low made by the corrective wave 4, which is below 0.267.

Elliott wave ETHUSD analysis

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The ETHUSD market is likely to have completed the large impulse wave [3]. The price is now declining in the new down corrective wave [4]. The price is likely to continue declining to a level of 366.00, which is the previous low made by the sideways corrective wave (4). Next, when wave (4) completes, the ETHUSD price should turn up and start rising.

For more information follow the link to the website of the LiteForex

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The BTCUSD market is developing the global upward zigzag, with a large bullish impulse wave A completed inside. Then, there started the down corrective wave. There is now developing the impulse wave, namely, its beginning. There has finished a small bearish impulse [1]. Next, the cryptocurrency pair continued rising in the bullish correction [2]. Most likely, this correction should end soon, and the market will resume declining towards level 11108 and lower, which is around the previous low.

Elliott wave XRPUSD

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The XRPUSD market also completed the large upward wave. The zigzag-shaped lining wave [X] finished with all its sub-waves (A)-(B)-(C) completed within. Next, the price was falling at the beginning of the new downtrend. Most likely, the bearish impulse (1) has completed, and the bullish correction (2) is now unfolding. Correction (2) should finish soon, next, the market could be declining to the previous low, which is below 0.267.

Elliott wave ETHUSD analysis

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The ETHUSD is forming a large upward impulse, with the sub-waves [1]-[2]-[3] completed inside. Within impulse [3], the corrective wave (4) has completed as a horizontal contracting a-b-c-d-e triangle. There is now developing the down correction [4] that may complete as a simple zigzag (A)-(B)-(C). When the corrective wave (B) completes, the price could be declining in impulse (C) to a level of 366.00, which is around the previous low made by wave (4).

For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-21/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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There is forming the bullish impulse wave A that is composed of the sub-waves [1]-[2]-[3]-[4]-[5]. The two-hour time frame displays the structure of the final impulse [5] which is an element of the A wave of a higher degree. The market is likely to have completed the sideways correction (4)of [5], it is a triple three. So, in the next few days, we could expect the price to rise in wave (5) towards level 12600, as it is outlined in the chart.

Elliott wave XRPUSD

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The XRPUSD market is forming the upward linking wave [X]. It is unfolding as a simple zigzag (A)-(B)-(C). In early July 2020, the corrective wave (B) completed as a double zigzag W-X-Y. Next, the market has started moving up, following the bullish impulse wave (C). The corrective wave 4 has recently completed as a triple three within the (C) impulse. Therefore, over the next few weeks, the price should be rising in the final impulse wave 5. Its approximate trajectory is outlined in the chart.

Elliott wave ETHUSD analysis

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The ETHUSD market is unfolding the upward linking wave [X] as a double zigzag (W)-(X)-(Y). The zigzag-shaped wave (Y) is unfolding as a simple zigzag A-B-C. The first two sub-waves have completed, and the (C) impulse is now developing. The market is likely to have finished the corrective wave[4] as a zigzag (A)-(B)-(C), next, there has started the initial phase of the final impulse wave [5]. Therefore, the price should be rising towards level 500.00, as it is outlined in the chart.

For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-24/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

169.thumb.png.f35778050bd11f3500ecedec690dd595.png

The BTCUSD market is currently forming the bullish impulse wave A, with the sideways correction (4) of [5] completed as a triple three inside. Next, the price started rising smoothly forming the final wave (5) that may complete as a simple impulse 1-2-3-4-5. In the next few weeks, the market should be rising in sub-waves 3-4-5 to a level of around 12600.

Elliott wave XRPUSD

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The XRPUSD market is forming the global linking wave [X] as a simple zigzag (A)-(B)-(C). The corrective wave (B) ended, and the bullish impulse wave (C) is now forming. Within the (C) wave, the sideways correction 4 has completed as a triple three. The market is now following the beginning of the final wave 5 that may complete as a simple impulse. Therefore, the price should be rising in the sub-waves [3]-[4]-[5] to a level of 0.348, as it is outlined in the chart.

Elliott wave ETHUSD analysis

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The ETHUSD market continues forming the global linking wave [X] as a double zigzag. The chart displays the final leg of the (Y) wave that is the simple zigzag A-B-C. The down correction 4 completed as a zigzag with the C impulse currently unfolding. There is now developing the final bullish wave [5]. Presumably, the price should be rising in waves 3-4-5 towards a level of 500.00, as it is outlined in the chart.

For more information follow the link to the website of the LiteForex
 

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The market is likely to be forming the sideways correction (4) that started in early August. Correction (4) is unfolding as a triple three W-X-Y-X-Z. There is developing the final wave Z as a simple zigzag [a]--[c], with the [a] impulse and the correction completed inside. The price should soon be declining in the final bearish impulse [c] towards a level of 10900.00.

Elliott wave XRPUSD

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The XRPUSD market is also forming sideways correction 4 withing the upwards impulse trend. This correction is unfolding as a double three [w]-[x]-[y]. There is now developing the final leg of the zigzag-shaped wave [y], which is the bearish impulse wave [c]. The price is likely to continue declining towards a level of 0.255, where correction 4 will reach 50% of the bullish impulse 3 according to the Fibonacci retracement.

Elliott wave ETHUSD analysis

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The ETHUSD market, like other major cryptocurrencies, is forming a long-term correction. There is developing the corrective wave [4] as a simple zigzag (A)-(B)-(C), which is an element of the impulse wave C of a higher degree. The market is likely to continue declining in the impulse wave (C) towards a level of 314.00. At this level, the down corrective wave [4] will reach the Fibonacci retracement 61.8% of the bullish impulse [3]. This ratio is quite likely to be reached.

For more information follow the link to the website of the LiteForex

https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-26/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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The BTCUSD make is forming the long-term corrective wave as a triple three. The sub-wave W and the second linking wave X are simple zigzags. The first linking wave X is a bullish triple zigzag. The cryptocurrency pair is now declining in the zigzag-shaped wave Z. Presumably, the upward correction (4) is forming in the final impulse [c] of Z. When correction (4) completes, the price will resume declining in wave (5).

Elliott wave XRPUSD

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The XRPUSD market is forming the sideways corrective wave 4 as a double three [w]-[x]-[y]. The sub-waves [w] and [x] is likely to have completed. The final wave [y] is yet unfolding. Wave [y] is developing as a simple zigzag (a)-(b)-(c). The market could soon start declining in wave (c) towards a level of 0.255. At this level, correction 4 will reach the Fibonacci retracement of 50% of the impulse wave 3.

Elliott wave ETHUSD analysis

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The ETHUSD market continues forming the down corrective wave [4], which is unfolding as a simple zigzag (A)-(B)-(C). The impulse wave (A) and the corrective wave (B) have completed. There is now unfolding the bearish impulse wave (C). It should end around a level of 338.20, where the entire correction (4) will reach 50% of impulse [3] according to Fibonacci retracements. Next, the price could start rising in wave [5] to a level of 460.00.

For more information follow the link to the website of the LiteForex 
https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-08-27/?uid=285861726&cid=79634

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Elliott wave daily forecast for Bitcoin, Ripple and Ethereum

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

197.thumb.png.41a2f3b2c53f4e8e7cf575d5f6dc2fd6.png

The BTCUSD chart is forming the global impulse wave A that is composed of five sub-waves [1]-[2]-[3]-[4]-[5]. There is unfolding the final wave [5] also as an impulse. It is clear from the H2 time frame that the sideways corrective wave (4) completed as a triple three. Next, the market has started moving down in the initial element of the final wave (5). Most likely, the price will be rising in the sub-waves 3-4-5 to a level of 12600, as it is outlined in the chart.

Elliott wave XRPUSD

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The XRPUSD market is also forming the long-term upward impulse wave. The first four legs completed within the (C) impulse. The corrective wave 4 finished as a double three [w]-[x]-[y]. The market is now forming the initial element of the final wave 5. There have finished only two sub-waves of wave 5. So, the price should be rising in the sub-waves [3]-[4]-[5] to a level of 0.338 in the next few weeks.

Elliott wave ETHUSD analysis

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The current structure of the ETHUSD chart suggests that the market is forming the long-term upward impulse wave C that is composed of five sub-waves. The down corrective wave [4] is likely to have completed as a simple zigzag (A)-(B)-(C). The price is now rising in the final impulse [5]. The Ethereum price is likely to reach the level of 460.00 soon. At this level, the entire uptrend could end.

For more information follow the link to the website of the LiteForex 
https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-09-01/?uid=285861726&cid=79634

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Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave BTCUSD

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After the upward impulse wave A ended, the cryptocurrency pair started declining in the B correction. This correction is unfolding as a simple zigzag [A]--[C], where the [A] impulse and the bullish correction have completed. There is now developing the final impulse wave [C]. It will finish when the sub-waves (3)-(4)-(5) complete. The structure of these waves is outlined in the chart. We shall monitor the market.

Elliott wave XRPUSD

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Like in previous trading days, the XRPUSD market is forming the long-term sideways correction 4, which is an element of the global impulse wave (C). The (C) wave is unfolding as a triple three, where the sub-waves [w] and [x] have completed, and the final zigzag-shaped wave [y] is currently forming. The price should be declining in the impulse wave (c). When the (c) wave completes, the Ripple market should go up in the final wave 5.

Elliott wave ETHUSD analysis

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In the impulse wave C, displayed in the Ethereum price chart, the first three parts have completed. There is now developing the down corrective wave [4]. Wave [4] is likely to complete as a simple zigzag (a)-(b)-(c). The bearish impulse wave (a) may have finished, and the market should start rising in a small corrective wave (b). The entire correction [4] could finish at a level of 346.04. Next, the market could turn up and start rising.

For more information follow the link to the website of the LiteForex 
https://www.liteforex.com/blog/analysts-opinions/elliott-wave-daily-forecast-for-bitcoin-ripple-and-ethereum-2020-09-04/?uid=285861726&cid=79634
 

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