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$XRP ,waiting for a pullback for now, correction is ahead. playing safe.
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#ETHOnTheRise ? As of today, Ethereum (ETH) is experiencing notable market movements. The current price is approximately $3,587, with a 24-hour high of $3,760 and a low of $3,569. ETH has seen a 42.92% increase in the last 30 days, indicating strong upward momentum, though the past 24 hours show a 2.79% dip, suggesting a potential short-term correction. Key Technical Insights: 1. Indicators: RSI is in the overbought range, signaling caution for potential buyers. Momentum indicators such as MACD and ADX are bullish, supporting further growth. 2. Resistance and Support: Resistance: $3,760 (recent high). Support: $3,300 (possible correction point). 3. Market Context: Open interest in ETH futures has reached record levels, suggesting strong speculative activity. Positive developments like potential Ethereum ETF approvals could fuel further growth. Short-Term Outlook: ETH could face consolidation near the $3,500-$3,600 range. Traders might watch for breakouts above $3,760 for bullish confirmation or dips toward $3,300 as a potential buying opportunity.
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gonna hold this position for a long time now $XRP ๐๐๐
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just opened a long entry $XRP ๐๐๐
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$THE Now down to 2.73$ level
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