Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.05.2026 | LiteFinance
Dear readers,
I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.
The article covers the following subjects:
Major Takeaways
- BTCUSD: The final part of the bullish impulse C continues developing. Consider long positions with a Take Profit at 82,500.00.
- XRPUSD: The price is rising within a sideways correction. Consider long positions with a Take Profit at 1.545.
- ETHUSD: The price may rise in the final part of correction [B]. Long positions can be considered with a Take Profit at 2,462.00.
Elliott Wave Analysis for Bitcoin
Bitcoin continues developing a large zigzag (A)-(B)-(C). The first impulse wave (A) has been completed, and correction (B) is currently unfolding as an A-B-C flat pattern. Corrective waves A and B have already formed, and the price is currently rising within the final impulse wave C. Within impulse wave C, correction wave [4] is expected to complete near the 70,415.25 low, after which the price may reverse upward and start rising in sub-wave [5]. In the current situation, traders may place a Buy Limit order near the 70,415.25 low, with a Take Profit at 82,500.00.
Trading Plan for BTCUSD for Today:
Buy Limit: 70,415.25, Take Profit: 82,500.00
Elliott Wave Analysis for Ripple
XRPUSD is likely forming a large bullish impulse, within which correction (4) is unfolding as a complex double zigzag W-X-Y. At the moment, the final wave Y is forming as a double zigzag [W]-[X]-[Y]. Within wave [Y], a bearish impulse (C) is developing. Correction 4 is presumably unfolding as a double three pattern within impulse (C). Most likely, the final actionary wave [Y] will complete near the previous high at 1.545. Once this level is reached, the price may decline in the final sub-wave 5.
Trading Plan for XRPUSD for Today:
Buy at 1.275, Take Profit: 1.545
Elliott Wave Analysis for Ethereum
ETHUSD is forming a large zigzag (A)-(B)-(C). Apparently, impulse (A) has been completed, and a complex correction (B) is currently forming, likely as a triple zigzag W-X-Y-XX-Z. The final actionary wave Z of (B) may end as a zigzag [A]-[B]-[C]. The final part of correction [B] is currently forming. Based on its internal structure, it is likely to take the shape of a triple zigzag (W)-(X)-(Y)-(XX)-(Z). The price may currently be moving in the final part of the linking wave (XX), which could complete near the 1,931.25 low. After that, the market may reverse upward and start rising in sub-wave (Z). In the current situation, a Buy Limit order can be placed near the 1,931.25 low.
Trading Plan for ETHUSD for Today:
Buy Limit: 1,931.25, Take Profit: 2,462.00
If you want to learn more about classic wave analysis, check out our in-depth article on the Elliott Wave Theory.
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The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
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