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Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum

July 22, 2020

July 22, 2020

Elliott wave daily forecast for Bitcoin, Ripple and EthereumRoman Onegin

Elliott wave forecast for BTCUSD, ETHUSD, XRPUSD for today

Elliott wave[BTCUSD][1] analysis

![LiteForex: Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum][2]

There continues forming the long-term impulse wave, where its fourth part, corrective wave [4] has recently completed. After the down wave (Y) of [4] completed as a double zigzag W-X-Y, the price has started rising in the new uptrend. There have completed the bullish impulse (1) and the dowb correction (2) following this impulse. The BTCUSD market should be rising in the third wave over the next few weeks.

Elliott wave[XRPUSD][3] analysis

![LiteForex: Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum][4]

After the bear corrective wave (B) cimpleted, the market has started rising in the impulse wave © that is composed of the sub-waves 1-2-3-4-5. The sub-waves 1 and 3 are simple impulses, corrective waves 2 and 4 are double zigzags. There is now forming the final impulse 5. Since only the first two parts of impulse 5 have completed, the Ripple price should be rising in the sub-waves [3]-[4]-[5] in the next few weeks.

Elliott wave[ETHUSD][5] analysis

![LiteForex: Elliott wave cryptocurrency forecast today. Elliott wave analysis Bitcoin, Ripple, Ethereum][6]

There is developing the upward impulse wave A, where sub-waves (1)-(2)-(3)-(4) have completed. There is now forming wave (5) as an ending diagonal 1-2-3-4-5. There is now developing impulse wave [c] which is an element of the final bullish zigzag 5. The price should be rising in this impulse in the near future.

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![Elliott wave daily forecast for Bitcoin, Ripple and Ethereum][9]

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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  1. my.liteforex.com/trading/chart?symbol=BTCUSD
  2. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/22-07-2020/BTCUSDH2.png?w=30&s=ce6f6ce8b8c5867d3e3e72bd9bb5abf8
  3. my.liteforex.com/trading/chart?symbol=XRPUSD
  4. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/22-07-2020/XRPUSDH2.png?w=30&s=68b4811493ca1adf02773aa64b734505
  5. my.liteforex.com/trading/chart?symbol=ETHUSD
  6. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/22-07-2020/ETHUSDH2.png?w=30&s=5a99c2804a119f7a711c01fca63efdbd
  7. my.liteforex.com/?category=analysts-opinions&slug=elliott-wave-daily-forecast-for-bitcoin-ripple-and-Ethereum-2020-07-22&openPopup=%2Fregistration%2Fpopup&utm_source=blog&utm_medium=article&utm_campaign=bonus
  8. my.liteforex.com/deposit/?category=analysts-opinions&slug=elliott-wave-daily-forecast-for-bitcoin-ripple-and-Ethereum-2020-07-22&promo_code=BLOG&utm_source=blog&utm_medium=article&utm_campaign=bonus
  9. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/22-07-2020/BTC-eth-xrp-22-07-2020-wave-analysis.jpg?q=75&w=1000&s=51eb1e62ef06ce50a934e516250d583f