📊 Similar to XLP: Stellar Lumen’s $XLM is showing an incredibly bullish structure, mirroring $XRP’s recent performance.
🔼 Breakout Confirmed: $XLM has successfully broken through the triangle’s BD trendline, signaling potential upward momentum.
📈 Bullish Possibility: While an extended 1-2/1-2/1-2 wave count is possible, it’s less likely but worth considering for aggressive bulls.
🎯 Theoretical Target: Based on the post-triangle thrust measurement, the target remains speculative but highly promising for the bullish outlook. Keep watching for confirmation on this move! 🌟
💹 Massive Price Surge: XRP's price has nearly doubled this week, soaring past the $1 mark for the first time in three years.
📜 Legal Impact: The SEC's ongoing legal challenges, including its pending appeal in the Ripple case, are influencing market sentiment. A prior ruling stated that XRP sales on public exchanges are not securities, boosting investor confidence.
📈 Options Market Bullishness: The surge aligns with bullish trends in the options market, signaling strong momentum for further gains.
With the legal backdrop and rising optimism, XRP is capturing significant attention—watch closely for what’s next! 🌟
230 days of consistent selling pressure absorbed in just 2 days—an absolutely mind-blowing reversal. 🔥
This level of rapid accumulation suggests a massive shift in market sentiment, with buyers stepping in aggressively to seize opportunities. Such quick absorption of selling pressure often indicates:
💹 Strong Bullish Momentum: Heavy demand overpowering supply in record time.
📊 Market Confidence: Traders and investors showing renewed faith in $CLV 's potential.
⏳ Possible Breakout: With the selling cleared out, the path may be paved for a sharp upward move.
Keep an eye on the volume and key resistance levels—this could be the start of something big! 🌟