🔶X: @TradingHeights | Crypto enthusiast since 2016, sharing insights on market trends, DeFi, and blockchain. For updates and analysis in the evolving crypto.
So now that we got the lower timeframe correction out of the way, it's almost time for the fun part.
Zooming out we can see that ETH has basically been consolidating in a massive range between $2800-$4000 for around 10 months now.
As previously stated I think this range resolves to the upside and this this is just one massive accumulation range before $ETH goes on a new ATH run just like $BTC has done over the last year or so.
This means I don't think you can go wrong picking up some ETH at the HTF demand zone at range lows if/when we get there. This is the region between $2400-$2800.
So we've pushed deeper into the green zone- which means it's still possible that we see a bullish shift here on CRV/XRP in the short/mid term.
If not, we make new lows- which implies $XRP is absolutely ripping to the upside.
Good thing about holding both CRV and XRP is you win either way and if XRP does in fact lead here it just means you have to be a little patient on $CRV which should follow based on the setup we identified on the USD pairing.
This weekly side by side chart for #DOGECOIN illustrates the performance of cycles 1, 2 and 3 (year 4) comparison since the green and red lines cross occurs in each Dogecoin cycle.
• The 1st cycle experienced a +9,404% increase.
• The 2nd cycle saw a +26,626% rise.
We are currently in the fourth year of the 3rd cycle. I anticipate a similar or even more significant parabolic move up in 2025, driven by growing technological advancements and global adoption of #DOGECOIN.
Moreover, #DOGECOIN' s performance gains have increased with each cycle. Historically, the fourth year has been the most substantial for Dogecoin performance. This time will not be different. Global institutional interest in crypto is growing, and those with a low target based on Market cap will be left in disbelief.
Now about 80% to my downside target- seeing some LTF absorption here so maybe we are due for some relief before taking the lows. Let's see. $ETH #AIXBT,COOKIE,CGPTOnBinance