$XRP elephant is elephant .....if bull what is the term?
Bearish King
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Bearish
$XRP Holders, Did You Know If $BTC test 85k support then what happened ? It will create Elephant Pattern Drop ! With Red Long Trunk . Current XRP pattern confirmed this is going to happen soon. Because Xrp is in sideways and making body of elephant bigger and bigger. Be Prepared for XRP profit taking bearish rally.
$BTC Currently, Bitcoin (BTC) is in decline after hitting a record high near $108,000. This decline was triggered by the Federal Reserve's hawkish stance which increased investor concerns about risky assets. Technically, Bitcoin has broken through the key support level at $98,750, which opens up the potential for further declines towards $95,000 and $92,800. If the $92,800 level does not hold, the price could drop to $88,000 or even $83,000. However, if Bitcoin is able to hold in the $92,800 to $95,500 range, there is a chance for a rebound. To reverse the downtrend, Bitcoin needs to get back above $98,750 and break through $100,000.
$BTC Currently, Bitcoin (BTC) is experiencing a decline after reaching a record high near $108,000. The decline was triggered by the Federal Reserve's hawkish stance which raised investor concerns about risky assets.
Technically, Bitcoin has broken through the important support level at $98,750, which opens up the potential for further declines towards $95,000 and $92,800. If the $92,800 level does not hold, the price could drop to $88,000 or even $83,000. However, if Bitcoin is able to hold in the range of $92,800 to $95,500, there is a chance for a rebound. To reverse the downtrend, Bitcoin needs to return above $98,750 and break through $100,000.
Despite the decline, some analysts remain optimistic about Bitcoin's long-term prospects, with price targets ranging from $125,000 to $1.2 million based on historical analysis.
It is important to note that such dips are common in bull markets and can be considered a healthy correction before resuming the uptrend. Investors are advised to monitor key support and resistance levels as well as monetary policy developments that may affect the crypto market.
$BB going bullish will it be able to become 1$ or will it be bearish in my opinion it will be bullish from its bearish journey just wait for the moment