The XRP/USDT 15-minute chart shows an inverse head and shoulders pattern, signaling a bullish trend. The Stochastic RSI is also indicating bullish momentum. Currently, the price is retesting the 1.4705 zone, which could act as support before a potential pump. This makes it a strong entry point. With these technical signals, I'm 99% confident that XRP is likely to continue its bullish movement soon.
The Total3 chart on the 1-hour timeframe reveals an Adam and Eve pattern, indicating a bullish trend for the Total3 index. This suggests that the market may soon revisit the 938.94B zone before experiencing another upward movement. Additionally, the Ichimoku indicator is also signaling a bullish outlook, reinforcing the positive sentiment. As a result, it's likely that XRP and other altcoins within the Total3 index could see a renewed bull run in the near future. This combination of technical patterns and indicators points towards a potential market rally ahead.
On the 4-hour chart of Total3, a channel pattern is forming, indicating a bearish outlook for BTC Dominance (BTC.D). If Total3 breaks the red line, BTC Dominance is likely to experience a decline. Currently, BTC Dominance is holding at 58.76%, but a breakdown could trigger a further drop. This shift in dominance is bullish for altcoins like XRP, suggesting a potential bull run for XRP. Given this scenario, XRP's next target could be the 1.7002 zone, signaling a strong upward movement ahead as the dominance of Bitcoin weakens.
Entry: 1.4865
1st Tp: 1.5781
2nd Tp: 1.6192
3rd Tp : 1.6926
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