This LiteFinance brief offers a short-term technical forecast for Bitcoin (BTCUSD), Ripple (XRPUSD) and Ethereum (ETHUSD) using Elliott Wave analysis. The note is a trading-oriented view that assigns wave labels and gives concrete take-profit levels for long positions.
All three assets are presented in bullish sequences for the short term. The analyst interprets current structures as corrective or impulsive legs that are expected to extend higher before completing the labeled waves.
The analyst identifies a long-term large bearish zigzag labeled (A)-(B)-(C) but expects BTC to be inside a bullish correction labeled (B) for the short term. The recommendation is to consider long positions while this corrective rise continues. A specific Take Profit target is given at 88,096.74.
- The view treats the current rise as corrective rather than the start of a fresh long-term bull trend.
- A trader adopting this view would look to capture the remainder of the B-wave rally up to the stated TP.
XRP is described as continuing an impulse labeled [C] of XX in the analyst's count. The short-term bias is long, with a Take Profit target at 1.694.
- The impulse label indicates an expectation of a directional move with internal subwaves that support further upside.
- Position sizing and stop placement would depend on the precise subwave structure and invalidation points implied by the Elliott count.
ETH is said to be rising in the fifth part of a bullish impulse. The analyst recommends long positions and sets a Take Profit at 2,859.38.
- The recommendation implies a limited remaining extension rather than an open-ended rally.
- Because the analyst retains an overarching bearish long-term zigzag for Bitcoin, the bullish short-term calls are framed as corrective moves rather than trend reversals.
- If you need confirmation: combine the Elliott counts with momentum, volume, or support/resistance to validate entries and exits.
The analyst's short-term Elliott Wave counts point to further upside for BTC, XRP and ETH and lists concrete Take Profit targets: BTC 88,096.74, XRP 1.694, ETH 2,859.38. The recommendations are long positions aimed at capturing the labeled corrective or impulsive legs.