XRP currently trading at ( 2.39 ) with a aggressive volume indicating a strong bullish trend. Also XRP has formed a Falling Wedge Pattern on 4h Time Frame and price has crossed ( 100, 200 ) EMA's with strong candles, which support the price to go more higher.
There can be a small retest between ( 2.27 - 2.33 ) after that a significant bullish momentum is expected and the breakout of the Falling Wedge Pattern will lead price to hit ( 2.80 ).
NOTE: This is just an update based on my knowledge, before making any investment plan please do your own research first.
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BTC is currently trading at (96,500), and the current trend is bearish because BTC is continuously forming lower highs and lower lows.
Currently, BTC is pulling back from its demand zone, which is expected to reach around (98k). From there, a significant downside move is expected to this level (92k-94k). After that, there is a possibility of a market reversal to the upside, and BTC might even go to its ( ATH ) eventually (though this could take time).
NOTE: If BTC does not face rejection from the (98k-99k) supply zone and breaks above it, there is a high chance that the trend will shift to the bullish side, and BTC could head towards its ATH.
Additionally, it is essential for BTC to hold its strong low (90,200). If this low is broken, BTC could potentially drop to the (72k-75k) range. Hence, staying above (90,200) is crucial to maintain bullish sentiment.
BTC has breakdown from the pennant chart pattern and currently taking a support on green box , but the selling volume is currently high, after a little upside pull back a good downside move is expected.
BTC is trading in a Rising Wedge Pattern and it already tested 5 times it's resistance by making it weak. The next attempt towards the resistance will result in a strong breakout and price can go higher to the All Time High.
But if pattern break to the downside, we may see an significant correction around ( 98500 )
BTC is trading in a Rising Wedge Pattern and it already tested 5 times it's resistance by making it weak. The next attempt towards the resistance will result in a strong breakout and price can go higher to the All Time High.
But if pattern break to the downside, we may see an significant correction around ( 98500 )
DOT is currently trading in the Symmetric Triangle Pattern once the pattern break upside we can look for long entry and expected target will be ( 11 - 11.7 )
If pattern break to the downside we can look for short entry expected target will be ( 5.70 - 6.2 )
Breakout range ( 8.87 - 8.92 ) Breakdown range ( 8.25 - 8.30 )
BTC is trading within a range after a significant drop to 90.2k, creating liquidity on both sides. Compared to shorts, there is more liquidity for longs below 90k.
Currently, selling volume is higher than buying volume, but there are no EMA confirmations yet.
If the range breaks to the downside, we can expect a significant move toward 90k.
If the range breaks to the upside, we can expect price move up to break the all-time high (ATH).
Note: A breakdown of the range does not guarantee an immediate liquidity grab at 90k. There are several strong support levels above 90k that could flip the price back up. While a breakdown of the range might lead to a good downside move, the liquidity at 90k could take time to be reached.