Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.06.2026

2026.06.23 2026.06.23
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.06.2026Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/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 TakeawaysBTCUSD: The price continues to decline in impulse 5. Consider short positions with a Take Profit at 59,000.00.XRPUSD: The second half of a bearish impulse wave is unfolding. Consider short positions with a Take Profit at 0.894.ETHUSD: The price is declining in impulse 5. Short positions can be considered with a Take Profit at 1,500.16.Elliott Wave Analysis for BitcoinBitcoin is likely developing a corrective zigzag pattern (A)-(B)-(C). Within this structure, impulse wave (A) and correction (B), which took the form of a double zigzag W-X-Y, have been completed. The price is currently declining within impulse (C). Within this impulse, correction 4 has presumably been completed in the form of a zigzag. In the near term, the price is expected to decline in sub-wave 5, which may complete near the 59,000.00 level. This is where impulse sub-wave 3 previously ended.Trading Plan for BTCUSD for Today:Sell at 62,860.83, Take Profit: 59,000.00Elliott Wave Analysis for RippleFrom a global perspective, XRPUSD is forming a large bullish impulse, within which correction (4) is unfolding as a double zigzag W-X-Y. The final wave Y is developing as a double zigzag [W]-[X]-[Y]. Within wave [Y], bearish impulse (C) is developing. Within impulse (C), correction 4 has likely been completed recently in the form of a double zigzag. Wave 5 may unfold as an impulse consisting of sub-waves [1]-[2]-[3]-[4]-[5]. The price may decline within sub-wave [5] of 5 to 0.894. At that level, the size of wave 5 will be 61.8% of wave 3.Trading Plan for XRPUSD for Today:Sell at 1.107, Take Profit: 0.894Elliott Wave Analysis for EthereumETHUSD continues to develop a corrective pattern in the form of a triple zigzag [W]-[X]-[Y]-[X]-[Z]. Within this corrective structure, sub-waves [W]-[X]-[Y]-[X] have been completed, with the second linking wave [X] taking the form of a triple zigzag. The first part of wave [Z] is currently unfolding. This wave will most likely become a zigzag (A)-(B)-(C). Within impulse wave (A), correction 4 has been completed in the form of a zigzag. The price is currently declining, presumably within sub-wave 5. Its completion is expected near the 1,500.16 level — the previous low marked by sub-wave 3.Trading Plan for ETHUSD for Today:Sell at 1,688.713, Take Profit: 1,500.16If you want to learn more about classic wave analysis, check out our in-depth article on the Elliott Wave Theory.P.S. Did you like my article? Share it in social networks: it will be the best “thank you” :)Useful links:I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.Use my promo code BLOG to get a 50% deposit bonus on the LiteFinance platform. Simply enter this code in the appropriate field when funding your trading account.Telegram chat for traders: https://t.me/litefinancebrokerchat. We are sharing the signals and trading experience.Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/litefinanceThe 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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