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Ripple And Litecoin Elliott Wave Analysis 9/17/2021

Sep. 17, 2021 5:57 AM ETLitecoin USD (LTC-USD)XRP-USD
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  • Ripple trades into sideways range.
  • Ripple may slide down if total market cap moves down.
  • Litecoin clearly points lower.

As per Elliott Wave analysis Ripple, XRPUSD is still in sideways range, so it's ideally still trading in a correction which we see it as part of subwave 2 that can push the price even lower within a five-wave cycle for a higher degree wave (C)/(3), especially if we respect correlations in the Crypto market.

Ripple 1h Elliott Wave Analysis Chart

Ripple Elliott Wave


Litecoin, LTCUSD is clearly pointing lower after recent spike up and sharp reversal down which we see it as part of the first leg A/1. So, with current intraday corrective rally within wave B/2, we have to be aware of more weakness and continuation lower within wave C/3 soon, especially if we respect correlations in the Crypto market.

Litecoin 1h Elliott Wave Analysis Chart

Litecoin Elliott Wave

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