Fibonacci
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$TON #TON #Fibonacci #FibonacciLevels this level is very strong 4.702 if it break this 4.75 is near #aceleration #writetowin $TON
$XAI has retested it's resistance line and seems to be rejected.
A short would ideal here, because it will retest it's 0.618 support again. Target - 0.73 - 0.68
#TechnicalAnalysis #short #Fibonacci #Write2Earn #XAI
A short would ideal here, because it will retest it's 0.618 support again. Target - 0.73 - 0.68
#TechnicalAnalysis #short #Fibonacci #Write2Earn #XAI
This post will unravel the concept of #Fibonacci levels and what it has to do with crypto as well as the last leg up and current decline.
Warning: Do not follow the #Golden_Ratio or other Fib levels blindly! Look at Weekly EMA's, RSI, Volume, recent strong buy and sell areas.. Enjoy ancient Fib math!
The Fibonacci golden ratio, clocking in at a cool 1.618, is a mind-blowing mathematical concept that keeps popping up everywhere—nature, art, you name it.
It's like the universe's secret recipe for making things look good. The sequence goes something like this: each number is the sum of the two before it (1, 1, 2, 3, 5, 8...and so on).
It's like a cosmic cheat sheet for beauty. Now, let’s talk crypto.
Imagine traders as treasure hunters, using #Fibonacci levels to spot where the price might bounce back or hit a wall.
They whip out their #FibonacciLevels retracement tool, drawing horizontal lines on their charts like they're mapping out a treasure hunt.
The big numbers to watch?
23.6%, 38.2%, 50%, 61.8%, and 100%.
It's like they're playing a game of 'Price is Right,' trying to guess where Bitcoin will land.
As #Bitcoin ($BTC ) rockets from $38,000 to $73,700. Now, as it starts its downward journey, traders and stupid bot algorithms draw those magic Fibonacci lines from the $38,000 low to the $73,700 high.
The 61.8% level, a favorite hangout spot for prices also known as the Golden Ratio, is around $53,400 (For better guidance check out nearby volume profiles and recent support/resistance levels).
As BTC dips, they're thinking, "Hmm, it'll probably chill around $63,000," which is somewhere between the 50% and 61.8% levels.
And just like that, with a bit of Fibonacci magic, they’re making more informed decisions in crypto trading.
Remember, market makers will not let you have it easy, manipulation above or below Fib levels is part of the game!
I guarantee you will not catch market bottoms or tops over 90% of the time.. Avg in is the strategy to follow.
Short term bearish, long term bullish, always avg in if you can.
Warning: Do not follow the #Golden_Ratio or other Fib levels blindly! Look at Weekly EMA's, RSI, Volume, recent strong buy and sell areas.. Enjoy ancient Fib math!
The Fibonacci golden ratio, clocking in at a cool 1.618, is a mind-blowing mathematical concept that keeps popping up everywhere—nature, art, you name it.
It's like the universe's secret recipe for making things look good. The sequence goes something like this: each number is the sum of the two before it (1, 1, 2, 3, 5, 8...and so on).
It's like a cosmic cheat sheet for beauty. Now, let’s talk crypto.
Imagine traders as treasure hunters, using #Fibonacci levels to spot where the price might bounce back or hit a wall.
They whip out their #FibonacciLevels retracement tool, drawing horizontal lines on their charts like they're mapping out a treasure hunt.
The big numbers to watch?
23.6%, 38.2%, 50%, 61.8%, and 100%.
It's like they're playing a game of 'Price is Right,' trying to guess where Bitcoin will land.
As #Bitcoin ($BTC ) rockets from $38,000 to $73,700. Now, as it starts its downward journey, traders and stupid bot algorithms draw those magic Fibonacci lines from the $38,000 low to the $73,700 high.
The 61.8% level, a favorite hangout spot for prices also known as the Golden Ratio, is around $53,400 (For better guidance check out nearby volume profiles and recent support/resistance levels).
As BTC dips, they're thinking, "Hmm, it'll probably chill around $63,000," which is somewhere between the 50% and 61.8% levels.
And just like that, with a bit of Fibonacci magic, they’re making more informed decisions in crypto trading.
Remember, market makers will not let you have it easy, manipulation above or below Fib levels is part of the game!
I guarantee you will not catch market bottoms or tops over 90% of the time.. Avg in is the strategy to follow.
Short term bearish, long term bullish, always avg in if you can.
Ethereum (ETH) Ready to Explode: Analysts Predict It Could Rise to $5,000.
*Ethereum could make a potential comeback towards the $5,000 level thanks to key long-term indicators.
*Finally, the SEC's approval of eight spot Ethereum ETFs has significantly increased investor interest.
*Blockchain Mane emphasizes the importance of Fibonacci Retracement and Parabolic Curve in predicting Ethereum's price movements.
Discover the latest insights on Ethereum's potential comeback, fueled by key technical indicators and recent regulatory developments. The U.S. Securities and Exchange Commission (SEC) approved eight spot #Ethereum exchange-traded funds (ETFs) on May 23. This regulatory milestone resulted in a 19.56% increase in Ethereum's dominance, according to TradingView data. The approval triggered growing investor interest, signaling a potential bull run for Ethereum.
Blockchain Mane highlights the importance of the Fibonacci Retracement pattern, a critical support indicator that determines Ethereum's recovery potential. #Fibonacci levels show resistance targets at $5,080.60 and $6,231.83. Currently, Ethereum is trading at $3,802, which is significantly off its November 2021 peak of $4,878.
$BTC $ETH
*Ethereum could make a potential comeback towards the $5,000 level thanks to key long-term indicators.
*Finally, the SEC's approval of eight spot Ethereum ETFs has significantly increased investor interest.
*Blockchain Mane emphasizes the importance of Fibonacci Retracement and Parabolic Curve in predicting Ethereum's price movements.
Discover the latest insights on Ethereum's potential comeback, fueled by key technical indicators and recent regulatory developments. The U.S. Securities and Exchange Commission (SEC) approved eight spot #Ethereum exchange-traded funds (ETFs) on May 23. This regulatory milestone resulted in a 19.56% increase in Ethereum's dominance, according to TradingView data. The approval triggered growing investor interest, signaling a potential bull run for Ethereum.
Blockchain Mane highlights the importance of the Fibonacci Retracement pattern, a critical support indicator that determines Ethereum's recovery potential. #Fibonacci levels show resistance targets at $5,080.60 and $6,231.83. Currently, Ethereum is trading at $3,802, which is significantly off its November 2021 peak of $4,878.
$BTC $ETH
Trader's Tip Tuesday
Did you know that the Fibonacci retracement tool can help you identify potential support and resistance levels in the market?
Share your favorite trading tools and strategies in the comments below!
#BinanceEarnProgram #TradingTips #Fibonacci #Cryptocurrency"
$BTC $ETH $BNB
Did you know that the Fibonacci retracement tool can help you identify potential support and resistance levels in the market?
Share your favorite trading tools and strategies in the comments below!
#BinanceEarnProgram #TradingTips #Fibonacci #Cryptocurrency"
$BTC $ETH $BNB
How to Use Fibonacci Time Zones to Predict Price Movements? #TradingTips" #Fibonacci #educational
🔥🔥🔥 #Ethereum Price Trims Gains, Are Dips Still Attractive In Near Term?
Ethereum's attempt to surge above the $3,725 resistance zone proved futile as it faced rejection, causing a retracement towards the $3,475 support level.
Despite an initial push above the $3,550 and $3,650 resistance levels, Ethereum encountered selling pressure near $3,725, leading to a downside correction, reminiscent of Bitcoin's movement.
The hourly chart of ETH/USD indicates a breach below a crucial bullish trend line, previously offering support at $3,510. Additionally, the pair dipped below the 50% #Fibonacci retracement level of the upward swing from the $3,224 swing low to the $3,726 high.
Currently, Ethereum is hovering near $3,500, closely aligned with the 100-hourly Simple Moving Average. Immediate resistance awaits at the $3,520 level, with further hurdles at $3,560 and $3,610. A breakthrough above $3,610 could pave the way for a test of the $3,650 resistance, with $3,725 representing a significant barrier.
Conversely, failure to breach the $3,610 resistance might prompt further downside movement. Initial support lies near $3,475, followed by the $3,420 zone, coinciding with the 61.8% Fibonacci retracement level of the recent upward swing.
Should Ethereum's decline persist, the $3,340 support zone might come into play, with a potential move towards $3,240. Further losses could see Ethereum targeting the $3,120 level.
Technical Indicators:
The hourly MACD for ETH/USD indicates increasing bearish momentum.
The hourly RSI for ETH/USD is currently below the 50 level.
Key Levels to Watch:
- Support: $3,420, $3,475, $3,340
- Resistance: $3,560, $3,610, $3,725
Source - newsbtc.com
#CryptoNews🔒📰🚫 #cryptocurrency #BinanceSquareTalks
Ethereum's attempt to surge above the $3,725 resistance zone proved futile as it faced rejection, causing a retracement towards the $3,475 support level.
Despite an initial push above the $3,550 and $3,650 resistance levels, Ethereum encountered selling pressure near $3,725, leading to a downside correction, reminiscent of Bitcoin's movement.
The hourly chart of ETH/USD indicates a breach below a crucial bullish trend line, previously offering support at $3,510. Additionally, the pair dipped below the 50% #Fibonacci retracement level of the upward swing from the $3,224 swing low to the $3,726 high.
Currently, Ethereum is hovering near $3,500, closely aligned with the 100-hourly Simple Moving Average. Immediate resistance awaits at the $3,520 level, with further hurdles at $3,560 and $3,610. A breakthrough above $3,610 could pave the way for a test of the $3,650 resistance, with $3,725 representing a significant barrier.
Conversely, failure to breach the $3,610 resistance might prompt further downside movement. Initial support lies near $3,475, followed by the $3,420 zone, coinciding with the 61.8% Fibonacci retracement level of the recent upward swing.
Should Ethereum's decline persist, the $3,340 support zone might come into play, with a potential move towards $3,240. Further losses could see Ethereum targeting the $3,120 level.
Technical Indicators:
The hourly MACD for ETH/USD indicates increasing bearish momentum.
The hourly RSI for ETH/USD is currently below the 50 level.
Key Levels to Watch:
- Support: $3,420, $3,475, $3,340
- Resistance: $3,560, $3,610, $3,725
Source - newsbtc.com
#CryptoNews🔒📰🚫 #cryptocurrency #BinanceSquareTalks
$CTSI Will Pump to 0.38 USD
based on the fib levels and closely monitoring all of it support and retests.
It is likely to reach 0.38. After reaching there, we will retrace to 0.23 and then consolidate.
#TechnicalAnalysis #CTSI #Fibonacci #Write2Earn
based on the fib levels and closely monitoring all of it support and retests.
It is likely to reach 0.38. After reaching there, we will retrace to 0.23 and then consolidate.
#TechnicalAnalysis #CTSI #Fibonacci #Write2Earn
$XRP Price Recovery Could Soon Fade, These Are Key Levels To Watch
XRP faces challenges surpassing the $0.5140 resistance, with a recovery dependent on maintaining support above $0.4550.
Recovery Efforts:
- XRP aims for a rebound above $0.450 but remains below $0.550 and the 100 simple moving average. A bearish trend line poses resistance at $0.5440, with a breach of $0.4550 support potentially leading to further downside.
Recent Trends:
- After hitting resistance at $0.6420, XRP dipped below $0.500 before testing $0.3880 and initiating a recovery. It surpassed $0.40 and $0.450, breaching the 23.6% #Fibonacci retracement level.
Potential Upside:
- Surmounting $0.5140 and the 50% Fibonacci retracement level at $0.540 could signal a resurgence. However, a crucial bearish trend line at $0.5440 presents a significant challenge. Breaking above $0.540 may drive XRP toward $0.600 and potentially $0.6240, with further momentum targeting $0.700.
Potential Downturn:
- Failure to surpass $0.5440 could lead to further declines. Initial support is at $0.480, with a critical level at $0.4550. A breach below $0.4550 may accelerate declines towards $0.420.
Technical Indicators:
The 4-hour MACD indicates waning bearish momentum, while the RSI below 50 suggests prevailing bearish sentiment.
Support and Resistance Levels:
- Support: $0.480, $0.4550, $0.420
- Resistance: $0.5140, $0.5440, $0.600
Source - newsbtc.com
#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency
XRP faces challenges surpassing the $0.5140 resistance, with a recovery dependent on maintaining support above $0.4550.
Recovery Efforts:
- XRP aims for a rebound above $0.450 but remains below $0.550 and the 100 simple moving average. A bearish trend line poses resistance at $0.5440, with a breach of $0.4550 support potentially leading to further downside.
Recent Trends:
- After hitting resistance at $0.6420, XRP dipped below $0.500 before testing $0.3880 and initiating a recovery. It surpassed $0.40 and $0.450, breaching the 23.6% #Fibonacci retracement level.
Potential Upside:
- Surmounting $0.5140 and the 50% Fibonacci retracement level at $0.540 could signal a resurgence. However, a crucial bearish trend line at $0.5440 presents a significant challenge. Breaking above $0.540 may drive XRP toward $0.600 and potentially $0.6240, with further momentum targeting $0.700.
Potential Downturn:
- Failure to surpass $0.5440 could lead to further declines. Initial support is at $0.480, with a critical level at $0.4550. A breach below $0.4550 may accelerate declines towards $0.420.
Technical Indicators:
The 4-hour MACD indicates waning bearish momentum, while the RSI below 50 suggests prevailing bearish sentiment.
Support and Resistance Levels:
- Support: $0.480, $0.4550, $0.420
- Resistance: $0.5140, $0.5440, $0.600
Source - newsbtc.com
#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency
Market Update -
The update highlights #Bitcoin's remarkable performance, with a 48% increase in the month. It suggests that Bitcoin's upward movement may not be over yet.
The analysis shares an exclusive chart indicating that when Bitcoin breaks the #Fibonacci Golden Ratio of 0.618, it tends to enter a parabolic structure. Similar to previous instances, when Bitcoin jumped from $47k to $64k in a short period, the expectation is for back-to-back significant candles on the $BTC chart.
Key resistance levels are identified at $64k to $69k, while support levels are noted between $48k and $52k. The update reminds traders that any 25%-30% correction in Bitcoin could present a buying opportunity.
Additionally, it mentions the upcoming #halvingbitcoin event on April 20, which could influence #MarketSentiments and price action. Overall, the analysis suggests continued #BullishMomentum. for Bitcoin, with potential opportunities for traders to capitalize on price movements.
$WBTC $ETH
The update highlights #Bitcoin's remarkable performance, with a 48% increase in the month. It suggests that Bitcoin's upward movement may not be over yet.
The analysis shares an exclusive chart indicating that when Bitcoin breaks the #Fibonacci Golden Ratio of 0.618, it tends to enter a parabolic structure. Similar to previous instances, when Bitcoin jumped from $47k to $64k in a short period, the expectation is for back-to-back significant candles on the $BTC chart.
Key resistance levels are identified at $64k to $69k, while support levels are noted between $48k and $52k. The update reminds traders that any 25%-30% correction in Bitcoin could present a buying opportunity.
Additionally, it mentions the upcoming #halvingbitcoin event on April 20, which could influence #MarketSentiments and price action. Overall, the analysis suggests continued #BullishMomentum. for Bitcoin, with potential opportunities for traders to capitalize on price movements.
$WBTC $ETH
See original
#牛市第二浪
#比特幣走勢分析
$BTC Big news💰💰
From the picture below, you can see that the past Bitcoin was completely at #Fibonacci
In the line type, if it continues to rise in the future, it can reach at least 150,000
If it corrects downward but still remains above the red circle ⭕️ support, it will continue to be bullish!
#比特幣走勢分析
$BTC Big news💰💰
From the picture below, you can see that the past Bitcoin was completely at #Fibonacci
In the line type, if it continues to rise in the future, it can reach at least 150,000
If it corrects downward but still remains above the red circle ⭕️ support, it will continue to be bullish!
$DOGE is setting up for something massive 🚀
The 0.382 Fib level has held strong since 2021, acting as a launchpad for the next potential rally. Historically, Dogecoin has bounced from these key levels, and with the current consolidation phase, all signs point to an imminent breakout!
$DOGE has built a solid base between $0.07 and $0.11, showing consistent strength. Bulls are keeping a close watch, and if we breach resistance, the next major move could send us to $0.30 and beyond! 📈
Dogecoin to the moon? 🌕 Or perhaps we’re aiming much higher than Mars!
🚀 Prepare for liftoff, DOGE Army!
👀Always DYOR (Do Your Own Research) and manage your risk!
#doge⚡ #DogecoinCommunity #CryptoNewss #Fibonacci #DOGSONBINANCE #AltcoinSeason
The 0.382 Fib level has held strong since 2021, acting as a launchpad for the next potential rally. Historically, Dogecoin has bounced from these key levels, and with the current consolidation phase, all signs point to an imminent breakout!
$DOGE has built a solid base between $0.07 and $0.11, showing consistent strength. Bulls are keeping a close watch, and if we breach resistance, the next major move could send us to $0.30 and beyond! 📈
Dogecoin to the moon? 🌕 Or perhaps we’re aiming much higher than Mars!
🚀 Prepare for liftoff, DOGE Army!
👀Always DYOR (Do Your Own Research) and manage your risk!
#doge⚡ #DogecoinCommunity #CryptoNewss #Fibonacci #DOGSONBINANCE #AltcoinSeason
Sol/Usdt Long .....to the MOON 🌜🌜🎉🎉
Take Entry Now !!
Target 160$.......170$...
#Fibonacci
#SolanaTrade
#spotsignal
#FutureTradding
Margin 5%
Leverage 20x.
$SOL
Take Entry Now !!
Target 160$.......170$...
#Fibonacci
#SolanaTrade
#spotsignal
#FutureTradding
Margin 5%
Leverage 20x.
$SOL
🚀 #binancecoin ($BNB ) #signals Bullish Breakout Amid CZ’s Possible Early Release
Despite regulatory challenges, Binance Coin remains the fourth largest crypto asset with a #marketcap exceeding $88 billion.
📈 Recent trends show BNB forming a reversal pattern, signaling a potential bull run for Q4. Notably, CZ's possible early release from prison today adds to the positive sentiment.
Key Highlights:
▪️BNB price reached $610, up 2% in 24 hours.
▪️Closing above $600 this month could fuel further bullish momentum.
▪️Technical analysis shows a strong support range between $460-$491 and an inverted head and shoulders pattern.
▪️ The price targets $921, aligning with the #Fibonacci retracement level. 💪
#BinanceLaunchpoolHMSTR
Despite regulatory challenges, Binance Coin remains the fourth largest crypto asset with a #marketcap exceeding $88 billion.
📈 Recent trends show BNB forming a reversal pattern, signaling a potential bull run for Q4. Notably, CZ's possible early release from prison today adds to the positive sentiment.
Key Highlights:
▪️BNB price reached $610, up 2% in 24 hours.
▪️Closing above $600 this month could fuel further bullish momentum.
▪️Technical analysis shows a strong support range between $460-$491 and an inverted head and shoulders pattern.
▪️ The price targets $921, aligning with the #Fibonacci retracement level. 💪
#BinanceLaunchpoolHMSTR
BNB Sets the Stage for Another Rise: Is a New Surge Coming?
The price of #BNB recently corrected below the $600 mark but now seems to hold key support at $565. This suggests that it could be gearing up for another upward move.
Key Points:
BNB corrected from its peak around $620.It is currently trading below $590 and the 100-hour simple moving average.On the hourly chart for BNB/USD, a bearish trend line is forming with resistance at $585.To continue its upward momentum, the price must stay above $565.
BNB Prepares for Another Rise
After a significant increase, the price of $BNB faced a decline from the $620 zone. A high was reached at $618 before the price began to correct downwards, similar to Ethereum and Bitcoin.
The price fell below $600 and $590, even dipping under $580. However, #bulls re-entered near the $565 mark, where a low was formed at $564. Since then, the price has been recovering, rising above $570. It is now approaching the 23.6% #Fibonacci retracement level of the move from the $618 high to the $564 low.
Currently, #bnbCoin is trading below $585 and the 100-hour simple moving average. If the price rises again, it may face resistance near the $580 level. Another key resistance is at $585.
On the hourly chart, a bearish trend line is visible, providing resistance at $585. If the price breaks through this level, it could retest $600. In the event of success, BNB could attempt to reach $620, a significant resistance level. Further gains might push the price toward $650.
What If the Price Doesn't Hold Support?
If BNB fails to break the resistance at $585, a further decline might follow. The initial support on the downside will be around $570, followed by key support at $565.
A break below $550 could lead to a larger drop towards $532. Any additional losses could drive the price down to as low as $520.
Technical Indicators:
Hourly MACD – The MACD for BNB/USD is losing strength in the bearish zone.Hourly RSI – The RSI is currently hovering around the 50 level, indicating neutral market sentiment.Key Support Levels: $565 and $550.Key Resistance Levels: $585 and $600.
Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Key Points:
BNB corrected from its peak around $620.It is currently trading below $590 and the 100-hour simple moving average.On the hourly chart for BNB/USD, a bearish trend line is forming with resistance at $585.To continue its upward momentum, the price must stay above $565.
BNB Prepares for Another Rise
After a significant increase, the price of $BNB faced a decline from the $620 zone. A high was reached at $618 before the price began to correct downwards, similar to Ethereum and Bitcoin.
The price fell below $600 and $590, even dipping under $580. However, #bulls re-entered near the $565 mark, where a low was formed at $564. Since then, the price has been recovering, rising above $570. It is now approaching the 23.6% #Fibonacci retracement level of the move from the $618 high to the $564 low.
Currently, #bnbCoin is trading below $585 and the 100-hour simple moving average. If the price rises again, it may face resistance near the $580 level. Another key resistance is at $585.
On the hourly chart, a bearish trend line is visible, providing resistance at $585. If the price breaks through this level, it could retest $600. In the event of success, BNB could attempt to reach $620, a significant resistance level. Further gains might push the price toward $650.
What If the Price Doesn't Hold Support?
If BNB fails to break the resistance at $585, a further decline might follow. The initial support on the downside will be around $570, followed by key support at $565.
A break below $550 could lead to a larger drop towards $532. Any additional losses could drive the price down to as low as $520.
Technical Indicators:
Hourly MACD – The MACD for BNB/USD is losing strength in the bearish zone.Hourly RSI – The RSI is currently hovering around the 50 level, indicating neutral market sentiment.Key Support Levels: $565 and $550.Key Resistance Levels: $585 and $600.
Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
$PUPS Poised for a Pump : Fibonacci Levels in Sight
#Fibonacci #CryptoMarketMoves #BullishSentiment #Write2Earn! #BinanceSquareFamily
$PUPS is showing signs of resuming its upward momentum, with bullish sentiment pointing towards a potential pump. In the upcoming months, traders are eyeing the **Fibonacci levels** as key targets for this rally.
With current market conditions favoring growth, $PUPS could move toward higher resistance zones if this momentum continues.
The Fibonacci retracement tool suggests gradual price levels that might act as key points for traders to watch, making it a promising long-term play for those aiming for strategic entry points.
Conclusion & Advice :
As $PUPS appears ready for a new bullish run, traders should keep an eye on Fibonacci levels for potential profit-taking zones. While the outlook looks optimistic, it's important to maintain sound risk management and not rely solely on the Fibonacci targets, given the volatility in the market.
#Fibonacci #CryptoMarketMoves #BullishSentiment #Write2Earn! #BinanceSquareFamily
$PUPS is showing signs of resuming its upward momentum, with bullish sentiment pointing towards a potential pump. In the upcoming months, traders are eyeing the **Fibonacci levels** as key targets for this rally.
With current market conditions favoring growth, $PUPS could move toward higher resistance zones if this momentum continues.
The Fibonacci retracement tool suggests gradual price levels that might act as key points for traders to watch, making it a promising long-term play for those aiming for strategic entry points.
Conclusion & Advice :
As $PUPS appears ready for a new bullish run, traders should keep an eye on Fibonacci levels for potential profit-taking zones. While the outlook looks optimistic, it's important to maintain sound risk management and not rely solely on the Fibonacci targets, given the volatility in the market.
Crypto Market Cap Projected to Reach $5.987 Trillion by 2029: Analyzing Growth Potential
#CryptoMarketCap #ElliottWaveTheory #Fibonacci #Write2Earn! #BinanceSquareFamily
According to an analysis using the Elliott Wave theory, Fibonacci retracement, and the ABCD pattern, the total crypto market cap is expected to surge significantly, potentially reaching **$5.987 trillion by 2029**.
Currently, we are in the early stages of a new impulse wave (Wave 3), following a corrective phase (Wave 2).
The **first target (TP1)** is set at **$3.967 trillion**, supported by the **1.618 Fibonacci extension level**.
If this target is achieved, a subsequent upward movement (Wave 5) could propel the total market cap to **$9.983 trillion**, aligning with the **2.618 Fibonacci extension level**.
The ABCD pattern further supports these projections, indicating strong potential for upward momentum in the crypto market. As the market remains dynamic, this analysis offers a promising long-term outlook for the growth of cryptocurrencies.
Conclusion :
The analysis indicates that significant growth in the total crypto market cap is on the horizon, with key targets to monitor in the coming years.
Advice :
Investors are encouraged to stay vigilant and secure their positions as these trends unfold, as the potential for high returns exists in this evolving
#CryptoMarketCap #ElliottWaveTheory #Fibonacci #Write2Earn! #BinanceSquareFamily
According to an analysis using the Elliott Wave theory, Fibonacci retracement, and the ABCD pattern, the total crypto market cap is expected to surge significantly, potentially reaching **$5.987 trillion by 2029**.
Currently, we are in the early stages of a new impulse wave (Wave 3), following a corrective phase (Wave 2).
The **first target (TP1)** is set at **$3.967 trillion**, supported by the **1.618 Fibonacci extension level**.
If this target is achieved, a subsequent upward movement (Wave 5) could propel the total market cap to **$9.983 trillion**, aligning with the **2.618 Fibonacci extension level**.
The ABCD pattern further supports these projections, indicating strong potential for upward momentum in the crypto market. As the market remains dynamic, this analysis offers a promising long-term outlook for the growth of cryptocurrencies.
Conclusion :
The analysis indicates that significant growth in the total crypto market cap is on the horizon, with key targets to monitor in the coming years.
Advice :
Investors are encouraged to stay vigilant and secure their positions as these trends unfold, as the potential for high returns exists in this evolving