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$XRP Entry 1. +-$ 0.5955 SCALP long Entry 2. +-$ 0.53-0.56 Deep long swing
Notes: .XRP lots of news coming in on it, likely to break out. but hope we get a round bottom retest preferably as low as possible. the next big move likely to push above $0.80 and we might permanenly leave the 50 cent zone.
๐นNew Home Sales - Monday ๐นCB Consumer Confidence - Tuesday ๐นDurable Goods Orders - Tuesday ๐นFOMC Member Waller Speech - Wednesday ๐นUS Q4 GDP - Thursday ๐นInitial Jobless Claims - Thursday ๐นPending Home Sales - Thursday ๐นConsumer Sentiment - Thursday ๐นCore PCE Inflation Data - Friday ๐นFed Chair Powell Speech - Friday ๐นGood Friday Holiday - U.S. Stocks Closed
- U.S. business activity appears to show strength amid inflationary pressures.
- The latest S&P Global Flash U.S. Composite gauge showed manufacturing expanded by the most since mid-2022 as the index ticked higher by 0.3 point to 52.5 in March.
- In a recently posted analysis, the crypto analyst noted that the significant buying power of ETFs will overshadow the traditional supply squeeze effect expected from the halving.
- Bitcoin exchange-traded funds (ETFs) have significantly impacted the crypto market since their debut in January.
- Even marker observers have been impressed with the record performance of these financial products.
-A weekly close above 1.600$ will lead to a pump toward 1.90 - 2.00$ ๐ -Mid term target possible: 2.500$ ๐
Big resistance to be cross around 1.59 - 1.600$โ๏ธ Possible short term correction before a breakoutโ๏ธ Anyway, I recommend you to avoid shorting this token.