Elliott Wave Forecast Cryptocurrency update
|Ethereum ended 7 swings corrective structure around equal legs area $704 – $549 and up from there it did 3 waves bounce. As long as $565 low is holding, then ETHUSD should remain supported and do another leg higher.
ETHUSD 4H 2/26/2018 Chart
Down from 12/19/2017 peak $369, Litecoin did 3 wave Zigzag structure which reached equal legs area $116 – $72. Up from there, LTCUSD has started a new cycle higher with the first 5 waves ended around equal legs area $235 – $306 from where it did 3 waves pullback and now resumed higher.
LTCUSD 4H 2/26/2018 Chart
Down from 1/11/2018 peak $1322, Dash did 7 swing structure which ended around equal legs area $437 – $244 area. Up from there, DASHUSD it bounced higher in a zigzag structure and currently ended 3 waves pullback before resuming higher.
DASHUSD 4H 2/26/2018 Chart
Down from 01/04/2018 peak $3.3, Ripple did a double three structure which did reach extreme area $0.75 – $0.35. Up from there, XRPUSD started a new rally or bouncing in 3 waves at least.
XRPUSD 4H 2/26/2018 Chart
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