4 cryptocurrencies: Ethereum, Litecoin, Ripple, Dash

Elliott Wave Forecast Team ElliottWave-Forecast.com

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, ETH should remain supported and do another leg higher toward $1050.

Litecoin did 3 wave Zigzag structure from 12/19/2017 peak $369which reached equal legs area $116 – $72. Up from there, LTCUSD has started a new cycle higher with the first 3 waves ended at $252.5 from where it did 3 waves pullback that found buyers around equal legs area $177 – $144 then bounced higher.

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 started a new cycle to the upside and pullbacks should remain above $378.

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, Ripple started a new rally and while $0.57 is holding it’s expected to see more upside.

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Elliott Wave Forecast Team

ElliottWave-Forecast.com

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