Elliott Waves on BTC, LUNA & ADA suggest another leg down [Video]

Stavros Tousios Independent Analyst

Bitcoin is following stocks higher and altcoins follow but the upward movement seems corrective. It could move higher until it gets invalid, however, it seems that the 40k will be hard to break. Luna and Ada look more bullish as their invalidation is at much higher levels, plus, its seems they're on a completely different path, albeit corrective.For more details, and a lot more analyses, check my weekly widely anticipated video below:

Author

Stavros Tousios

Independent Analyst

Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.

XRP slides as institutional and retail demand falters

Ripple is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.