$ETH

Based on the ETH/USDT chart provided, here’s the analysis and a trade idea with a high probability (80% or more) of success:

Chart Analysis:

1. Current Price: $3,429.50 (+3.05%).
2. Trend:
• The price is in a short-term uptrend, trading above all key moving averages (MA7, MA25, and MA99).
• Recent higher lows and higher highs confirm bullish momentum.
3. Moving Averages:
• MA(7): $3,418.26 (price is above, suggesting bullish momentum).
• MA(25): $3,397.41 (serving as a strong support).
• MA(99): $3,266.90 (long-term support level).
4. Volume:
• Moderate volume supports the uptrend, but no extreme spikes, indicating steady buying.
5. RSI (Relative Strength Index):
• RSI(6): 60.23, signaling mild bullish momentum but not overbought.
• Plenty of room for upward movement.
6. MACD:
• MACD histogram is close to neutral but appears to be reversing upward, supporting further bullish action.
7. Stochastic Oscillator:
• K% (63.91) and D% (54.24) are in bullish territory, indicating a continuation of the uptrend.

Trade Idea:

Entry Point:

• Ideal entry: $3,420-$3,430 (current price zone).
• This is near the MA(7) and in line with bullish momentum.

Stop Loss:

• $3,380 (below the MA(25) and recent minor support level).
• Keeps the risk minimal if the uptrend breaks.

Take Profit Levels:

• Target 1: $3,470 (next minor resistance).
• Target 2: $3,500-$3,520 (key psychological resistance and recent high).

Probability of Success:

• 80%+:
• The uptrend is intact.
• RSI, MACD, and Stochastic support a continuation of bullish movement.
• Key risk: If the price breaks below $3,380, the bullish structure weakens.

Risk-to-Reward Ratio:

• Risk: ~$40 (entry: $3,430, SL: $3,380).
• Reward: ~$70-$90 (TP: $3,500+).
• Risk/Reward: ~1:2.

$XRP

Current Situation

• Price: $1.4657
• Trend: The price has sharply risen from around $1.00 to $1.63, followed by a pullback.
• Indicators:
• RSI: Neutral zone (~53), signaling no immediate overbought or oversold conditions.
• Moving Averages: The price is above the MA(7), MA(25), and MA(99), indicating bullish momentum.
• Volume: Strong buying volume, suggesting continued interest in XRP.

14-Day Milestones

1. Dec 7, 2024:
• Likely continuation of consolidation around $1.40-$1.50 as buyers digest the sharp rally.
• Key support: $1.30. Resistance: $1.63.
2. Dec 21, 2024:
• Breakout attempt toward $1.70 if buying volume resumes.
• If bearish: A drop to $1.25 (next major support).
3. Jan 4, 2025:
• Sustained bullish momentum could push XRP toward $1.80-$2.00.
• Bearish scenario: Extended consolidation around $1.25-$1.40.
4. Jan 31, 2025:
• Bullish Case: XRP could reach $2.00-$2.20 if the current trend holds and macro/market factors support crypto adoption.
• Bearish Case: If momentum fails, XRP may test $1.00 support.

Key Levels to Watch

• Supports: $1.30, $1.25, $1.00.
• Resistances: $1.63, $1.80, $2.00.