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Umersiddique-144
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♥️HAPPY NEW YEAR TO MY ALL FRIENDS 🥳 WISH YOU ALWAYS BE HAPPY AND KEEP SMILING 😀 #nawabzada_144 #BinanceAlphaAlert #BTC
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$XRP $XRP Strategist Shares Ideal Higher Timeframe Entries According to the analyst’s chart, the support area around $1.8185 is a potential buy zone for $XRP Notably, the asset has rebounded twice from this area, reinstating the strong demand wall around this crucial support. For context, XRP bounced from the zone on December 10 after capitulating to an intraday low of $1.9010. Also, the digital asset repeated the same price action ten days later, rebounding from another low of $1.9584. Meanwhile, Van de Poppe pointed out that $1.5764 is another demand zone where bulls should consider buying XRP. Last month, the former supply zone temporarily impeded XRP’s bullish momentum before the coin successfully flipped the area. The analyst stated that XRP would retest higher timeframe supports, and he expects either of them to hold. Moreover, the rebound from either support will spur a retest of the December high and, subsequently, XRP’s all-time high. In the meantime, XRP trades at $2.0699, below the 20-day EMA, which analyst Dom speculated was the bearish territory. The asset has corrected over 7% in the past seven days, mirroring a broader market downtrend. #xrp #BTC #cryptouniverseofficial #nawabzada_144 #BinanceAlphaAlert
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Tether Loads Reserve With Fresh 8,404 BTC Worth $776M After Months of Inactivity
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$ETH Price Targets As Ethereum prepares to bounce off the support trendline, overhead resistance is formed by the trendline and the 50-EMA line. For a bullish continuation, Ethereum must maintain support above the $3,400 mark. With growing anticipation of a new year rally in the crypto market, a potential breakout rally could challenge the overhead supply zone at $3,568. On the other hand, a triangle breakdown would test the $3,244 support level. #ETH #Ethereum #nawabzada_144 #BTC #cryptouniverseofficial
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$ETH PRICE ANALYSIS Despite these challenges, Ethereum shows potential for a bounce back. Can the ETH price trend reverse in a V-shaped pattern, leading to a breakout rally to $3,568? Amid increasing price volatility in Bitcoin, Ethereum has fallen below the $3,400 mark. While respecting the local support trendline, Ethereum has consolidated slightly above the $3,300 mark. Notably, the current market price of a single Ethereum token is $3,345. The sideways trend on the 4-hour chart shows a compression over the past few days, forming a short-term triangle pattern that suggests an explosive move ahead. As bearish pressure grows on the Ethereum price chart, the dynamic average lines align in a bearish pattern. Specifically, the recent negative crossover of the 100-EMA and 200-EMA lines signals a sell signal. Supporting the bearish outlook, the 4-hour RSI line struggles to stay above the halfway point. Meanwhile, the lack of bullish divergence at the support trendline indicates weak underlying demand #ETH #Ethereum #nawabzada_144 #BTC #cryptouniverseofficial
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