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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.03.2025
Dear readers,
I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.
Major Takeaways
BTCUSD: The price is expected to fall to the previous low. Consider short trades from the current level, setting a take-profit order at 78,178.00.
XRPUSD: The asset may decline in wave Z. Short trades can be considered with a take-profit order at 1.938.
ETHUSD: A bullish trend has started. Thus, buy ETH at the current level, securing profits at the high of 2,529.81.
Elliott Wave Analysis for Bitcoin
A new bullish wave is developing as an impulse (1)-(2)-(3)-(4)-(5) on the last segment of Bitcoin's chart. Its sub-waves... Read full author’s opinion and review in blog of #LiteFinance https://www.litefinance.org/blog/analysts-opinions/short-term-analysis-for-btcusd-xrpusd-and-ethusd-for-07032025/?utm_source=telegram&utm_medium=social&utm_campaign=post
BY LiteFinance
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