Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after an earlier rejection near $81,500. The largestcryptocurrencyby market capitalization aims for short-term support at $79,000, which could encourage dip buying.
Ripple(XRP) holds onto a bullish bias, trading near $1.45 at the time of writing on Friday. The remittance token is taking a breather after breaking out from $1.31 to highs at $1.48 the day before, underscoring the return of bulls into the back against the backdrop of a drop from August’s peak of $1.70.
In this technical article, we will review the Elliott Wave forecast for Ethereum (ETHUSD) that we recently presented to our members.
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