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

August 25, 2020

August 25, 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]

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][3] analysis

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

The XRPUSD market is forming the global linking wave [X] as a simple zigzag (A)-(B)-©. The corrective wave (B) ended, and the bullish impulse wave © is now forming. Within the © 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][5] analysis

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

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.

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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/25-08-2020/BTCUSDH2.png?w=30&s=54dff365dce2188f4089d1f855b72d33
  3. my.liteforex.com/trading/chart?symbol=XRPUSD
  4. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/25-08-2020/XRPUSDH2.png?w=30&s=28a0be8ca79beee06916f0eceb1509e2
  5. my.liteforex.com/trading/chart?symbol=ETHUSD
  6. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/25-08-2020/ETHUSDH2.png?w=30&s=531be2fb570665b20cbed904371a6c5f
  7. my.liteforex.com/?category=analysts-opinions&slug=elliott-wave-daily-forecast-for-bitcoin-ripple-and-Ethereum-2020-08-25&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-2020-08-25&promo_code=BLOG&utm_source=blog&utm_medium=article&utm_campaign=bonus
  9. cdn.liteforex.com/cache/uploads/blog_post/wave-analysis-crypto/25-08-2020/BTC-eth-xrp-25-08-2020-wave-analysis.jpg?q=75&w=1000&s=643c8552eaea7115c5a6d1a713c0519b