Homepage Blog Analysts' Opinions Short-term forecasts for cryptocurrency pairs BTCUSD, XRPUSD, and ETHUSD today 22.04.2025
Short-term forecasts for cryptocurrency pairs BTCUSD, XRPUSD, and ETHUSD today 22.04.2025
eslam osama gohar
Author
eslam osama gohar
Dear readers,
I have prepared short-term forecasts for cryptocurrencies, Bitcoin, Ripple, and Ethereum, based on Elliott Wave analysis.
The cryptocurrency market is developing according to forecasts.
The article covers the following topics:
Key Highlights
Elliott Wave Analysis for Bitcoin
Elliott Wave Analysis for Ripple
Elliott Wave Analysis for Ethereum
Key Highlights
BTCUSD: A decline is expected within corrective wave 2, it would be appropriate to look for sell orders from the current level with the take profit level set at 82,732.85.
XRPUSD: A decline is expected within corrective wave 2, it is recommended to look for selling opportunities with the take profit level set at 1.927.
ETHUSD: The corrective wave 2 is expected to develop, it would be appropriate to look for selling opportunities from the current level with the take profit level set at 1,471.55.
Elliott Wave Analysis for Bitcoin
Elliott Wave Analysis for Bitcoin
The upward wave is developing within the latest part of the Bitcoin chart, as an impulse wave of waves (1) and (2) and (3) and (4) and (5), the sub-waves (1) and (2) have completed, the impulse wave (3) has also formed, the corrective wave (4) has recently completed as a triple zigzag of waves W and X and Y and XX and Z, the market is currently reversing within the latest part of the chart, the upward impulse wave is forming, the first sub-wave 1 has completed, a corrective movement within the sub-wave 2 is expected soon, the corrective wave 2 is expected to reach 50% of wave 1 according to Fibonacci ratios, the price is expected to drop to the level 82,732.85.
Trading plan for BTCUSD today:
Open sell orders from the level 88,077.73, with take profit levels set at 82,732.85
Elliott Wave Analysis for Ripple
Elliott Wave Analysis for Ripple
The long-term upward impulse wave composed of waves (1) and (2) and (3) and (4) and (5) is developing within the XRPUSD chart, the large impulse sub-wave (3) has completed, the corrective wave (4) has also formed as a triple zigzag of waves W and X and Y and X and Z, the first wave within the new upward wave is currently developing, the first sub-wave 1 has completed as an expanding diagonal, the price is expected to drop soon within the corrective wave 2 to reach the level 1.927, at this level, wave 2 will reach 50% of wave 1.
Trading plan for XRPUSD today:
Open sell orders from the level 2.072, with the take profit level set at 1.927
Elliott Wave Analysis for Ethereum
Elliott Wave Analysis for Ethereum
The four-hour chart for ETHUSD shows the decline of the major corrective wave (4), which has completed as a double zigzag, the market is reversing, forming the beginning of the upward impulse wave within the latest part of the chart, the first impulse sub-wave 1 has completed, the corrective wave 2 is currently unfolding as a standard zigzag of waves [A] and [B] and [C], it is expected to complete near the bottom level of 1,471.55, upon reaching this level, a reversal is likely.
Trading plan for ETHUSD today:
Open sell orders from the level 1,575.05, with the take profit level set at 1,471.55
To learn more about classical wave analysis, please visit our detailed article on Elliott Wave Theory.
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