Mr. Xoom, a notable market analyst, believes the ongoing XRP pullback culminates in the completion of Elliott Wave 4. 
He mentioned this in a recent analysis amid the persistent market collapse. It bears mentioning that the broader crypto market has been in a bearish phase for most of December despite occasional recovery efforts. 

XRP is one of the victims of this turbulence, unable to transcend the $2 price level since recovering it on Dec. 1 for the first time in seven years. It suffered a pullback after reaching a peak of $2.9 on Dec. 3 and has consolidated since then.

XRP About to Complete Wave 4

In his recent disclosure, Mr. Xoom says this ongoing bearish consolidation represents the fourth wave of an extensive Elliott Wave structure.

For context, his chart shows that XRP completed Wave 1 in September 2024 and traded within Wave 2 from September to November 2024. Meanwhile, the bullish Wave 3 began in early November following Donald Trump’s victory in the U.S. presidential election. This Wave 3 ended with XRP’s run to $2.9 in early December.

As the pullback and consolidation ensued, Wave 4 took form. Mr. Xoom believes XRP is about to complete this current wave amid a price drop to the $2.14 region. Once the Wave 4 concludes, the next wave would be a bullish one, which the bulls could leverage to recover the losses from Wave 4.

Data from the chart also highlights a descending channel as XRP followed the trajectory of Wave 4. With Wave 4 on the verge of completion, XRP appears to be at the apex of the channel. The start of Wave 5 could trigger a rally that would allow the asset to breach the upper trendline of the channel.
Wave 5 Could Push XRP Price to $5

Mr. Xoom expects this Wave 5-based rally to push prices to $5, representing a new all-time high and a 133% increase from the current price. However, he insists that this $5 is conservative. Earlier this month, market commentator Vincent Van Code predicted XRP to claim this $5 by February 2025.

The current market condition places XRP in a position to record higher gains once the broader market recovers. XRP currently changes hands at $2.14, but its CCI stands at -116.40, indicating possible oversold conditions. The last time XRP’s CCI stood at -100 was in early November, when it traded at $0.51.

The current CCI value suggests XRP still has room for more growth, and a 133% increase is a rather feasible goal. However, to overcome the current bearish state, XRP must first breach the 20-day SMA at $2.31 and subsequently push above the upper Bollinger Band ($2.54).

$BTC
$BNB
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While more than 1M people staked their 18M+ BNB in Binance Lanchpool for BIO's Airdrop, I asked ChatGPT (paid version) to conduct a detailed analysis on BNB/USDT by providing it the fundamental data, related news, sources, and technical price charts with enabled indicators for more refined and accurate results. Here is what ChatGPT analyzed and predicted for BNB in the coming days, weeks, and months:

Let's analyze the charts provided in the screenshots to combine insights from the monthly, weekly, daily, and 4-hour timeframes.
1. Monthly Chart Analysis
Trend: Strong uptrend visible over the long term, with higher highs and higher lows.Key Moving Averages:BNB is trading above the 20 EMA and 50 SMA, indicating bullish strength.SuperTrend indicator shows a bullish sentiment on the monthly timeframe.RSI: At 71.64, RSI suggests the asset is in overbought territory but still has room for upward movement.MACD: Positive histogram bars with MACD above the signal line, indicating continued bullish momentum.Bollinger Bands: Price is near the upper band, signaling potential resistance and overbought conditions.
Conclusion (Monthly):
Long-term uptrend remains intact, but overbought conditions may result in a correction or consolidation in the coming months.

2. Weekly Chart Analysis
Trend: Strong bullish momentum, with price breaking out of consolidation patterns.Key Moving Averages:The 9 and 21 EMA crossover is bullish, and the price is trading well above them.The SuperTrend indicator signals bullishness.RSI: At 59.38, it is in the neutral-to-bullish range, providing room for further upward movement.MACD: Histogram is positive, and MACD is above the signal line, reinforcing bullish sentiment.Bollinger Bands: Price is near the upper band but not overextended, suggesting room for continuation.
Conclusion (Weekly):
Medium-term bullish outlook with potential for further gains if volume increases and market conditions remain favorable.

3. Daily Chart Analysis
Trend: The daily chart shows strong bullish recovery after a slight pullback.Key Moving Averages:Price is above the 9, 21, and 50 moving averages, confirming bullish momentum.The 50 and 200 SMA crossover suggests a continuation of the uptrend.RSI: At 51.45, the RSI is in the neutral zone, leaving room for upward movement.MACD: Neutral-to-bullish crossover with positive divergence indicates a potential bullish breakout.Bollinger Bands: Price is consolidating near the middle band, suggesting accumulation before the next move.
Conclusion (Daily):
Consolidation phase with the potential for a breakout. A move above $700 could signal further upward momentum.

4. 4-Hour Chart Analysis
Trend: Short-term bullish sentiment with minor consolidations.Key Moving Averages:Price is trading slightly above the 9 and 21 EMA, indicating short-term bullish strength.SuperTrend remains bullish but close to the support level.RSI: At 49.46, it is in the neutral range, suggesting indecision in the short term.MACD: Bearish crossover with a decreasing histogram indicates the possibility of a minor pullback or consolidation.Bollinger Bands: Price is near the lower band, suggesting the potential for a bounce.
Conclusion (4-Hour):
Short-term consolidation with potential for a bounce from current levels if support holds.

Combined Technical and Fundamental Analysis
Key Insights:
Fundamental Support:
The ongoing staking of 18M+ BNB in the Binance Launchpool for the BIO token airdrop has reduced circulating supply, adding bullish pressure.After the BIO airdrop ends, some selling pressure on BNB may occur as participants reallocate their holdings.
Bitcoin Market Dominance:
Bitcoin dominance remains a critical factor. If BTC dominance decreases, altcoins like BNB may gain momentum. Conversely, increasing BTC dominance could limit BNB's upside.
Market Sentiment:
Positive sentiment around BNB’s deflationary tokenomics and ecosystem growth (including BSC and zkBNB) supports the long-term outlook.

Recommendations
Long-Term Investment:
Verdict: Strong Buy.Target: $900–$1,000 in the next 6–12 months (if market conditions remain favorable).Risk: Regulatory uncertainties around Binance.
Swing Trading:
Verdict: Good Opportunity.Entry Point: $685–$700.Target: $800–$850 in the next few weeks.Stop Loss: $675.
Day Trading:
Verdict: Moderate.Strategy: Trade within the $685–$710 range.Risk: Volatility may increase due to market events.
Scalping:
Verdict: Possible in low volatility periods.Focus: Use the 4-hour timeframe for $685–$695 levels.
Price Estimates
Next Days (Short-Term): Consolidation between $680 and $710.Next Weeks (Medium-Term): Likely to test $800 resistance.Next Months (Long-Term): Bullish continuation towards $900–$1,000, barring major market disruptions.
Please note: The analysis may go wrong as AI has analyzed it and many factors could impact its price and trend in the future so, I suggest you conduct your research and do not solely rely on this analysis. Always do your own research (DYOR) before making any financial or investment decisions.

I support this analysis (and published here) because it successfully aligns with my analysis. However, let me know in the comments what you think about $BNB further. Will it remain Bullish or fall back in the coming days and weeks?
#Crypto2025Trends

Here are some examples of what I can help with:

1. Altcoin Analysis:

Insights on specific coins or tokens (e.g., Ethereum, Solana, XRP, or meme coins like Dogecoin).

Fundamental and technical analysis for a specific altcoin.

2. Strategies:

Best practices for trading or investing during altcoin season.

Portfolio diversification strategies.

3. Trends:

Emerging sectors like DeFi, NFTs, AI-related tokens, or Layer-2 scaling solutions.

Identifying undervalued projects.

4. Risk Management:

How to mitigate risks in a volatile market.

Tools to track performance or manage investments.
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$PNUT

Risky but high profit entry. Let's give it another chance to PNUT. Be very careful as it's risky.

TP 1: 1.13
TP 2: 1.38
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
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