Elliott Waves on BTC and LUNA break supports [Video]

Stavros Tousios Independent Analyst

Bitcoin (BTC) is moving down impulsively and hints at an end to the upside correction unless the base channel holds its grip. Will $40k give in as easy as $42k or are we in for --at least-- a correction upward? $LUNA (LUNA) is down 30% since last week's all-time high, and it's not looking like stopping any time soon as we extend in wave 3. Losing $75 will add more to its bearishness. Can we rally upwardly for a relief? For more details on their structures and a lot more analyses check my weekly widely anticipated video below:

Author

Stavros Tousios

Independent Analyst

Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.