Group of golden Bitcoin coins arranged in a grid

Bitcoin and Ripple Elliott Wave Cycles Approaching Resistance

Bitcoin Daily Elliott Wave Analysis Chart Graphical user interface, chart, line chart

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However, just in case BTC. Dominance kicks in and if we see much bigger recovery, then also keep an eye on alternative count, where A-B-C corrective decline from the highs can be completed.

Bitcoin Daily Elliott Wave Analysis Chart Graphical user interface, chart, line chart

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Ripple, XRPUSD made a bigger recovery, but we still see it as a correction, probably as part of wave B of (C), so be aware of a reversal down again, ideally here around 61,8% – 78,6 Fibonacci retracement. However, even if a higher degree wave (C) is completed labeled as ALTernate count and if current recovery is already wave (D), then we still need to see another, maybe final slow down for wave (E)

Ripple Daily Elliott Wave Analysis Chart Chart, line chart

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