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#MEMES Crypto market reality
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#XRP #Ripple $XRP Hey guys. Just a quick update on XRP. I guess you already know that the price on the chart is being pushed by rumors about the SEC meeting to be held on July 25, and that it may be a possible settlement of the court case between Ripple Labs and the SEC. This is just a rumor and there was no confirmation of it in the official statements of both sides, but there are certainly chances. Now let's go back to the chart, as we predicted the price stuck to the range of 0.55 -0.63 and is trading under resistance, forming a tightening with rising highs. Three scenarios. 1. Negative No new results and no movement in the court case after the SEC meeting, disappointment and the instrument plummets towards the 0.5 zone. 2. Positive News or hints of the court case resolution, euphoria and upward triangle breakout, momentum to the 0.75-0.8 zone (or higher is hard to predict). 3. Neutral The price will remain sideways for some time, continuing to trade in the range of 0.5-0.63. Let me remind you that the story with the SEC court case against Ripple has been going on for more than 4 x years. Stay tuned.
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#FUD #BTC $BTC #Mt.Gox Hey, guys. today the former Mt.Gox exchange, after 11 years of waiting, started paying its creditors. Be careful, there could be volatility. Stay tuned.
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#ETHETFs #ETH $ETH Hey, guys. The total inflow into spot Ethereum ETFs was 106 mln, for comparison the inflow into Bitcoin ETFs on the first day was 200 mln, and if we compare asset capitalization, Bitcoin is 3 times larger than Ethereum. Stay tuned.
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#ETHETFs #ETH $ETH Hey, guys. ETF trading on ethereum is up and running. But I'm seeing more selling at the moment. It's worth looking at the liquidation map, where are the most sensitive points for those who opened longs while the price was sideways, it's the 3300 zone, where about 1 billion liquidations are accumulated, and for shorts it's the 3700 zone, will MM go for this liquidity yes or no?
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#Altseason #TOTAL3 Hey, guys. Since the last update, the TOTAL3 market (excluding bitcoin and etherium) is up 15%, continuing to move in a sloping channel. At the moment capitalization is testing the downtrend again, the breakdown of which could give a sideways up of about 25% and add green to altcoin quotes. Stay tuned.
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