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$BTC {future}(BTCUSDT) Based on the BTC/USDT chart 4 hours timeframe here is the analysis: 1. Price Trend BTC is currently in an uptrend as seen from the breakout at the resistance level around 104,760 USDT. The next increase target could be towards 108,283 USDT which is the Fibonacci extension area -0.27. 2. Fibonacci Retracement Level The Fibonacci lines show key support/resistance levels: 0 (104,760.4) → The current price is testing a breakout above this level. 0.5 (98.23 USDT) → Key support level if the price corrects. 0.618 (96.69 USDT) → Additional support if selling pressure appears. 1 (91,106 USDT) → Strong support that marks the bottom of the retracement. 3. Support and Resistance The nearest support is in the area around 104,772 USDT (green line). If the price stays above this level, the uptrend will continue. The nearest resistance is around 108,283 USDT (Fibonacci target -0.27). 4. RSI Indicator The RSI is currently at the level of 75.14 (overbought area), indicating that the price is quite high and there is a possibility of a small correction in the near future. If the RSI remains in the overbought area, this indicates that the bullish momentum is still strong. 5. Moving Average The EMA (yellow) and SMA (white) lines indicate an uptrend because the price is above both lines. The EMA functions as dynamic support that can be tested if a pullback occurs. Conclusion The bullish trend is still dominant, and the potential for an increase to the level of 108,283 USDT is quite open. Pay attention to the area of ​​104,772 USDT as key support. If the price falls below this level, a correction could bring the price to 98,891 USDT. With the RSI overbought, there is potential for a short-term pullback before continuing the uptrend. Strategies that can be used: Buy on pullback in the key support area if a correction occurs. Sell/Take profit in the resistance area near 108,283 USDT. #MarketNewHype
$BTC

Based on the BTC/USDT chart 4 hours timeframe here is the analysis:

1. Price Trend

BTC is currently in an uptrend as seen from the breakout at the resistance level around 104,760 USDT.

The next increase target could be towards 108,283 USDT which is the Fibonacci extension area -0.27.

2. Fibonacci Retracement Level

The Fibonacci lines show key support/resistance levels:

0 (104,760.4) → The current price is testing a breakout above this level.

0.5 (98.23 USDT) → Key support level if the price corrects.

0.618 (96.69 USDT) → Additional support if selling pressure appears.

1 (91,106 USDT) → Strong support that marks the bottom of the retracement.

3. Support and Resistance

The nearest support is in the area around 104,772 USDT (green line). If the price stays above this level, the uptrend will continue.

The nearest resistance is around 108,283 USDT (Fibonacci target -0.27).

4. RSI Indicator

The RSI is currently at the level of 75.14 (overbought area), indicating that the price is quite high and there is a possibility of a small correction in the near future.

If the RSI remains in the overbought area, this indicates that the bullish momentum is still strong.

5. Moving Average

The EMA (yellow) and SMA (white) lines indicate an uptrend because the price is above both lines.

The EMA functions as dynamic support that can be tested if a pullback occurs.

Conclusion

The bullish trend is still dominant, and the potential for an increase to the level of 108,283 USDT is quite open.

Pay attention to the area of ​​104,772 USDT as key support. If the price falls below this level, a correction could bring the price to 98,891 USDT.

With the RSI overbought, there is potential for a short-term pullback before continuing the uptrend.

Strategies that can be used:

Buy on pullback in the key support area if a correction occurs.

Sell/Take profit in the resistance area near 108,283 USDT.

#MarketNewHype
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5 tokens unlock 1 week ahead $BTC $ETH $BNB
5 tokens unlock 1 week ahead
$BTC $ETH $BNB
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Riot platforms buying Bitcoin $BTC #BTC☀
Riot platforms buying Bitcoin
$BTC
#BTC☀
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$BTC Bitcoin investor in jail after failing to report taxes
$BTC Bitcoin investor in jail after failing to report taxes
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Japan to use Bitcoin as national reserve? $BTC
Japan to use Bitcoin as national reserve?
$BTC
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Based on the 4-hour BTCUSDT chart shown, here is the technical analysis: 1. Resistance and Support: Major resistance is seen around 104,563.5 USDT (Fibonacci level 0). Strong support is in the area of ​​94,272.0 USDT (Fibonacci level 0.786) and 93,413.4 USDT (lower zone). 2. Fibonacci Retracement: The price is currently moving between levels 0.5 (97,866 USDT) and 0 (104,563.5 USDT). If the price is able to break through the resistance at 104,563.5 USDT, the potential to reach the level of 108,182.7 USDT (Fibonacci extension -0.27) is very open. 3. EMA (Exponential Moving Average): There are two EMA lines (yellow and white): EMA 50 (yellow line): Provides dynamic support around 97,000 - 98,000 USDT. EMA 200 (white line): Located lower around 94,000 USDT, indicating the bullish trend is still maintained as long as the price remains above the EMA 200. 4. Relative Strength Index (RSI): The RSI value is around 61.02, approaching the overbought area. This indicates bullish momentum, but it is necessary to be aware of the potential for a short-term correction if the RSI continues to rise towards overbought (70). 5. Main Trend: The current trend is still bullish overall, supported by a price increase above the EMA 50 and EMA 200. Consolidation is seen around the level of 101,000 - 104,000 USDT. Conclusion: If BTCUSDT manages to break through 104,563.5 USDT, there is potential to go to 108,182.7 USDT (Fibonacci extension target). However, if there is a rejection at the resistance, the price has the potential to retest to the 97,849.6 USDT area or even strong support at 94,272.0 USDT. Pay attention to the RSI movement and volume as confirmation. $BTC {future}(BTCUSDT) #bitcoin☀️ #BitcoinKeyZone
Based on the 4-hour BTCUSDT chart shown, here is the technical analysis:

1. Resistance and Support:

Major resistance is seen around 104,563.5 USDT (Fibonacci level 0).

Strong support is in the area of ​​94,272.0 USDT (Fibonacci level 0.786) and 93,413.4 USDT (lower zone).

2. Fibonacci Retracement:

The price is currently moving between levels 0.5 (97,866 USDT) and 0 (104,563.5 USDT).

If the price is able to break through the resistance at 104,563.5 USDT, the potential to reach the level of 108,182.7 USDT (Fibonacci extension -0.27) is very open.

3. EMA (Exponential Moving Average):

There are two EMA lines (yellow and white):

EMA 50 (yellow line): Provides dynamic support around 97,000 - 98,000 USDT.

EMA 200 (white line): Located lower around 94,000 USDT, indicating the bullish trend is still maintained as long as the price remains above the EMA 200.

4. Relative Strength Index (RSI):

The RSI value is around 61.02, approaching the overbought area.

This indicates bullish momentum, but it is necessary to be aware of the potential for a short-term correction if the RSI continues to rise towards overbought (70).

5. Main Trend:

The current trend is still bullish overall, supported by a price increase above the EMA 50 and EMA 200.

Consolidation is seen around the level of 101,000 - 104,000 USDT.

Conclusion:

If BTCUSDT manages to break through 104,563.5 USDT, there is potential to go to 108,182.7 USDT (Fibonacci extension target).

However, if there is a rejection at the resistance, the price has the potential to retest to the 97,849.6 USDT area or even strong support at 94,272.0 USDT.

Pay attention to the RSI movement and volume as confirmation.

$BTC

#bitcoin☀️
#BitcoinKeyZone
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SEC accused of being a political tool for dirty work $BTC #SECvsCrypto
SEC accused of being a political tool for dirty work $BTC
#SECvsCrypto
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world liberty financial buys 3 crypto assets $BTC $ETH $XRP
world liberty financial buys 3 crypto assets $BTC $ETH $XRP
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Based on the XRP/USDT chart, here are some technical analyses: 1. Current Price: The price is around 2.4358 USDT, with an increase of +1.75% on the 1-hour (1H) time frame. 2. Support and Resistance: Key resistance: It seems to be around the 0.786 Fibonacci level (2.4842), where the price previously showed a bearish reaction. Key support: The 0.618 level (2.2819) seems to be a fairly strong support zone because the price bounced off this area previously. 3. Downward Channel: The price is currently moving in a downward channel (marked by the upper and lower trendlines). As long as the price remains in this channel, the trend is likely to be bearish. A breakout above the channel (above 2.4842) could indicate a potential trend reversal to the bullish direction. 4. RSI Indicator: The RSI is at 56.65, indicating moderate bullish momentum but not yet overbought. If RSI breaks through 70, a short-term downside potential is possible. 5. Potential Price Movement: If price breaks through resistance at 2.4842, it is likely to move up towards the psychological level of 2.5000 or higher. If price breaks below support at 2.3298, the bearish trend could lead to a test of lower levels, such as 2.2819 or even 1.9281. Pay attention to trading volume. A valid breakout or breakdown is usually followed by increased volume. $XRP {future}(XRPUSDT) #BecomeCreator
Based on the XRP/USDT chart, here are some technical analyses:

1. Current Price: The price is around 2.4358 USDT, with an increase of +1.75% on the 1-hour (1H) time frame.

2. Support and Resistance:

Key resistance: It seems to be around the 0.786 Fibonacci level (2.4842), where the price previously showed a bearish reaction.

Key support: The 0.618 level (2.2819) seems to be a fairly strong support zone because the price bounced off this area previously.

3. Downward Channel:

The price is currently moving in a downward channel (marked by the upper and lower trendlines). As long as the price remains in this channel, the trend is likely to be bearish.

A breakout above the channel (above 2.4842) could indicate a potential trend reversal to the bullish direction.

4. RSI Indicator:

The RSI is at 56.65, indicating moderate bullish momentum but not yet overbought. If RSI breaks through 70, a short-term downside potential is possible.

5. Potential Price Movement:

If price breaks through resistance at 2.4842, it is likely to move up towards the psychological level of 2.5000 or higher.

If price breaks below support at 2.3298, the bearish trend could lead to a test of lower levels, such as 2.2819 or even 1.9281.

Pay attention to trading volume. A valid breakout or breakdown is usually followed by increased volume.

$XRP
#BecomeCreator
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#BTCReclaims101K Based on the latest BTC/USDT chart, here is the analysis: 1. Current Price: The price is around 100,529 USDT, experiencing a correction of -0.58%. 2. Fibonacci Retracement Levels: The Fibonacci lines show important levels: 0.382 (98,111 USDT): Mild support. 0.618 (97,227 USDT): Strong support. 0.786 (95,997 USDT): Critical support area before the price touches the 94,345 USDT level (Fibonacci 1.0). The current price seems to be trying to stay above the Fibonacci area, with the resistance level still at 101,876 USDT. 3. Key Resistance Area: 101,861 USDT (green line): Strong resistance that has been tested several times. Breakout above this level will confirm the continuation of the uptrend. 103,910 USDT: Minor resistance around Fibonacci -0.27, which could be the next price target if a breakout occurs. 4. Potential Movement: Bullish Scenario: If price manages to breakout from 101,861 USDT, the next target is 103,910 USDT. Watch the trading volume to support the validity of the breakout. Bearish Scenario: If price breaks below the 98,111 USDT level, it is likely to fall towards 97,227 USDT or even 95,997 USDT. 5. Trading Strategy: Buy on Dip: Consider buying at Fibonacci support areas, especially at 97,227 USDT or 95,997 USDT with a stop loss below 94,345 USDT. Breakout Trading: Enter long position after price breaks out of 101,861 USDT with target above 103,910 USDT. $BTC {future}(BTCUSDT) #BecomeCreator
#BTCReclaims101K Based on the latest BTC/USDT chart, here is the analysis:

1. Current Price:

The price is around 100,529 USDT, experiencing a correction of -0.58%.

2. Fibonacci Retracement Levels:

The Fibonacci lines show important levels:

0.382 (98,111 USDT): Mild support.

0.618 (97,227 USDT): Strong support.

0.786 (95,997 USDT): Critical support area before the price touches the 94,345 USDT level (Fibonacci 1.0).

The current price seems to be trying to stay above the Fibonacci area, with the resistance level still at 101,876 USDT.

3. Key Resistance Area:

101,861 USDT (green line): Strong resistance that has been tested several times. Breakout above this level will confirm the continuation of the uptrend.

103,910 USDT: Minor resistance around Fibonacci -0.27, which could be the next price target if a breakout occurs.

4. Potential Movement:

Bullish Scenario: If price manages to breakout from 101,861 USDT, the next target is 103,910 USDT. Watch the trading volume to support the validity of the breakout.

Bearish Scenario: If price breaks below the 98,111 USDT level, it is likely to fall towards 97,227 USDT or even 95,997 USDT.

5. Trading Strategy:

Buy on Dip: Consider buying at Fibonacci support areas, especially at 97,227 USDT or 95,997 USDT with a stop loss below 94,345 USDT.

Breakout Trading: Enter long position after price breaks out of 101,861 USDT with target above 103,910 USDT.

$BTC

#BecomeCreator
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#MajorAirdropWatch MajorAirdropWatch is a term for monitoring developments related to the "Major" project, a cryptocurrency-based game available on the Telegram platform. In this game, players can collect "Stars" by completing tasks, playing mini-games, and participating in social activities. Later, these Stars are expected to be converted into $MAJOR tokens through a planned airdrop program. This game runs on the TON blockchain and targets broad community participation. Around 60% of the total supply of $MAJOR tokens will be allocated to players who have participated in this game. The predicted listing price of the token ranges from $0.03 to $0.07 if launched before the end of 2024. One of its attractions is that there is no locking period for the distributed tokens To participate in this airdrop, players must: 1. Join the official Telegram bot (@major) 2. Claim daily bonuses through the bot. 3. Complete in-game tasks such as playing mini-games and inviting friends. 4. Actively follow official information to get updates about airdrops. This game combines social elements with crypto earning potential, thus attracting the attention of many users. If interested, you can follow the official Telegram channel for more information
#MajorAirdropWatch MajorAirdropWatch is a term for monitoring developments related to the "Major" project, a cryptocurrency-based game available on the Telegram platform. In this game, players can collect "Stars" by completing tasks, playing mini-games, and participating in social activities. Later, these Stars are expected to be converted into $MAJOR tokens through a planned airdrop program.

This game runs on the TON blockchain and targets broad community participation. Around 60% of the total supply of $MAJOR tokens will be allocated to players who have participated in this game. The predicted listing price of the token ranges from $0.03 to $0.07 if launched before the end of 2024. One of its attractions is that there is no locking period for the distributed tokens

To participate in this airdrop, players must:

1. Join the official Telegram bot (@major)

2. Claim daily bonuses through the bot.

3. Complete in-game tasks such as playing mini-games and inviting friends.

4. Actively follow official information to get updates about airdrops.

This game combines social elements with crypto earning potential, thus attracting the attention of many users. If interested, you can follow the official Telegram channel for more information
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Looking at this DOGE/USDT chart, here is the technical analysis: 1. Fibonacci Retracement: The current price is near the 0.786 (0.3919) level, which is an important support. The nearest resistance is the 0.618 (0.4114) and 0.5 (0.4252) levels. If the price manages to break through this resistance, it is likely to continue rising to 0.4838. 2. Price Trend: The previous uptrend indicated by the green line has been broken, indicating a potential reversal to the downside. The current price tends to be in a consolidation or correction phase to a stronger support area. 3. Support and Resistance: Strong support is seen at the 0.3729 and 0.3668 levels. If the price breaks through these levels, a potential deeper decline may occur. Key resistances are at 0.4114 and 0.4252, where a bullish reversal would be more convincing if the price breaks through these levels. 4. Moving Averages (MA): The price is below the yellow and white MA lines, indicating that selling pressure is still dominating in the short term. If the price manages to return above the MA, this could be an early signal of potential bullishness. 5. Volume and Momentum: The current price decline (-1.21%) indicates selling pressure, but there has been no large volume to confirm a stronger movement down or up. Strategy Suggestions: Buy Entry: If the price holds at the support of 0.3919 or bounces off the level of 0.3729, with a resistance target of 0.4114–0.4252. Sell Entry: If the price fails to hold at 0.3729, it is likely to fall to the next support at 0.3668 or lower. Always use stop-loss to manage risk, especially below 0.3668 to avoid sharp declines. Also pay attention to fundamental factors that can affect DOGE's movement, such as crypto-related news or broader market movements.
Looking at this DOGE/USDT chart, here is the technical analysis:

1. Fibonacci Retracement:

The current price is near the 0.786 (0.3919) level, which is an important support.

The nearest resistance is the 0.618 (0.4114) and 0.5 (0.4252) levels. If the price manages to break through this resistance, it is likely to continue rising to 0.4838.

2. Price Trend:

The previous uptrend indicated by the green line has been broken, indicating a potential reversal to the downside.

The current price tends to be in a consolidation or correction phase to a stronger support area.

3. Support and Resistance:

Strong support is seen at the 0.3729 and 0.3668 levels. If the price breaks through these levels, a potential deeper decline may occur.

Key resistances are at 0.4114 and 0.4252, where a bullish reversal would be more convincing if the price breaks through these levels.

4. Moving Averages (MA):

The price is below the yellow and white MA lines, indicating that selling pressure is still dominating in the short term.

If the price manages to return above the MA, this could be an early signal of potential bullishness.

5. Volume and Momentum:

The current price decline (-1.21%) indicates selling pressure, but there has been no large volume to confirm a stronger movement down or up.

Strategy Suggestions:

Buy Entry: If the price holds at the support of 0.3919 or bounces off the level of 0.3729, with a resistance target of 0.4114–0.4252.

Sell Entry: If the price fails to hold at 0.3729, it is likely to fall to the next support at 0.3668 or lower.

Always use stop-loss to manage risk, especially below 0.3668 to avoid sharp declines.

Also pay attention to fundamental factors that can affect DOGE's movement, such as crypto-related news or broader market movements.
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Looking at the ADA/USDT chart, here is a brief technical analysis based on the data seen: 1. Fibonacci Retracement: Fibonacci levels are seen being used to identify support and resistance areas. The current price is between the 0.786 (0.9858) and 0.618 (1.0618) levels. This indicates that the price is trying to maintain support in the 0.786 area. 2. Moving Averages (MA): The yellow and white lines on the chart are likely MAs with different periods. The current price is below these MA lines, indicating a bearish trend in the short term. 3. Support and Resistance: Strong support is seen around 0.9248 (marked by the horizontal red line). The nearest resistance is at 1.0618 and then at 1.1115 based on the Fibonacci levels. 4. Trend Direction: The price seems to be in a correction phase after previously reaching a peak around 1.4608. If the price holds at the support level of 0.9858 or 0.9248, there is potential for an upward rebound. 5. Other Indications: The current price decline (-2.53%) indicates that bearish pressure is dominating. Strategy Suggestion: If you want to enter, pay attention to whether the price holds at the support area of ​​0.9858 or 0.9248. If this support is broken, there is a risk of a further decline to the level of 0.8849. Conversely, if the price bounces off the support and passes the resistance of 1.0618, this could be a sign of a bullish reversal. Make sure you combine this technical analysis with fundamental factors before making a decision. $ADA {future}(ADAUSDT) #BecomeCreator
Looking at the ADA/USDT chart, here is a brief technical analysis based on the data seen:

1. Fibonacci Retracement:

Fibonacci levels are seen being used to identify support and resistance areas.

The current price is between the 0.786 (0.9858) and 0.618 (1.0618) levels. This indicates that the price is trying to maintain support in the 0.786 area.

2. Moving Averages (MA):

The yellow and white lines on the chart are likely MAs with different periods.

The current price is below these MA lines, indicating a bearish trend in the short term.

3. Support and Resistance:

Strong support is seen around 0.9248 (marked by the horizontal red line).

The nearest resistance is at 1.0618 and then at 1.1115 based on the Fibonacci levels.

4. Trend Direction:

The price seems to be in a correction phase after previously reaching a peak around 1.4608.

If the price holds at the support level of 0.9858 or 0.9248, there is potential for an upward rebound.

5. Other Indications:

The current price decline (-2.53%) indicates that bearish pressure is dominating.

Strategy Suggestion:

If you want to enter, pay attention to whether the price holds at the support area of ​​0.9858 or 0.9248.

If this support is broken, there is a risk of a further decline to the level of 0.8849.

Conversely, if the price bounces off the support and passes the resistance of 1.0618, this could be a sign of a bullish reversal.

Make sure you combine this technical analysis with fundamental factors before making a decision.

$ADA
#BecomeCreator
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Based on the 4-hour SOL/USDT chart, here is the analysis: 1. Price Pattern: Descending Channel: The price is seen moving in a descending channel pattern, indicating overall bearish pressure. The price is currently at the bottom of the channel, potentially bouncing up if there is strong support in this area. 2. Fibonacci Retracement: Several Fibonacci retracement levels have been marked, with the following important levels: 0.618 (219.15): Key resistance level. If the price goes back up, this will be the first target before continuing the bullish trend. 0.5 (223.73): Minor resistance area. 0 (200.76): Current significant support level. The price is likely to test this level. 3. Moving Averages (MA): Yellow MA (possibly short MA): The price is below the yellow MA, indicating a short-term bearish trend. White MA (likely long MA): Price is also below the white MA, confirming the medium-term bearish trend. 4. Support and Resistance: Strong Support: 200.76 (based on Fibonacci and psychological levels). 188.35 (Fibonacci level 0.27, becomes the next strong support if price breaks lower). Key Resistance: 219.15 (0.618) and 223.73 (0.5). Higher resistance around 231.12 or the upper line area of ​​the descending channel. 5. Potential Scenarios: Bullish: If price bounces off the 200.76 support, it will likely head towards the 219.15 resistance or higher. Bearish: If price breaks the 200.76 support, the next target is around 188.35. Trading Strategy: Buy Entry: If the price bounces off the support of 200.76 with confirmation of a bullish candle. Take profit target: 219.15 or 223.73. Sell Entry: If the price breaks through 200.76, with a target of 188.35. Stop Loss: For buy positions: below 200.76. For sell positions: above 223.73. $SOL {future}(SOLUSDT) #BecomeCreator
Based on the 4-hour SOL/USDT chart, here is the analysis:

1. Price Pattern:

Descending Channel: The price is seen moving in a descending channel pattern, indicating overall bearish pressure.

The price is currently at the bottom of the channel, potentially bouncing up if there is strong support in this area.

2. Fibonacci Retracement:

Several Fibonacci retracement levels have been marked, with the following important levels:

0.618 (219.15): Key resistance level. If the price goes back up, this will be the first target before continuing the bullish trend.

0.5 (223.73): Minor resistance area.

0 (200.76): Current significant support level. The price is likely to test this level.

3. Moving Averages (MA):

Yellow MA (possibly short MA): The price is below the yellow MA, indicating a short-term bearish trend.

White MA (likely long MA): Price is also below the white MA, confirming the medium-term bearish trend.

4. Support and Resistance:

Strong Support:

200.76 (based on Fibonacci and psychological levels).

188.35 (Fibonacci level 0.27, becomes the next strong support if price breaks lower).

Key Resistance:

219.15 (0.618) and 223.73 (0.5).

Higher resistance around 231.12 or the upper line area of ​​the descending channel.

5. Potential Scenarios:

Bullish: If price bounces off the 200.76 support, it will likely head towards the 219.15 resistance or higher.

Bearish: If price breaks the 200.76 support, the next target is around 188.35.

Trading Strategy:

Buy Entry:

If the price bounces off the support of 200.76 with confirmation of a bullish candle.

Take profit target: 219.15 or 223.73.

Sell Entry:

If the price breaks through 200.76, with a target of 188.35.

Stop Loss:

For buy positions: below 200.76.

For sell positions: above 223.73.

$SOL
#BecomeCreator
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On the 4-hour XRP/USDT chart seen in the image, here is the analysis 1. Fibonacci Retracement: Horizontal lines indicating retracement levels (0.786, 0.618, 0.5, etc.) are used to map potential support and resistance based on price retracements. Key levels: 0.618 (1.9173): This level is often strong support. 0.786 (1.6421): Lower support if a sharp correction occurs. 0.5 (2.1106): Resistance if the price falls from the current level. 2. Moving Averages (MA): Yellow MA (possible short MA): The price is approaching the yellow MA, which is often a dynamic support line. If the price stays above it, the short-term bullish trend could persist. White MA (possible long MA): The price is still above the white MA, indicating that the medium-term trend remains positive. 3. Price Trend and Pattern: The price previously recorded a significant increase, then corrected to the Fibonacci retracement area. The price is currently trying to stay above 2.3367, which is a minor resistance. If the price is able to break through this resistance, the potential for an increase to the Fibonacci level 0 (2.9296) or higher is very possible. 4. Potential Scenario: Bullish: If the price manages to break through the resistance of 2.3367 and stays above it, the next target is around 2.9296 (Fibonacci level 0). Bearish: If the price falls below 2.0781, the next correction target is at 1.9173 (Fibonacci level 0.618) or even 1.6421. Recommended Strategy: Buy Entry: When the price breaks out above 2.3367, with confirmation of a strong bullish candle. Sell ​​Entry: If price falls below 2.0781, with target support at 1.9173 or lower. Stop Loss: Place below 2.0781 (for long positions). Or above 2.3367 (for short positions). $XRP {future}(XRPUSDT) #BecomeCreator
On the 4-hour XRP/USDT chart seen in the image, here is the analysis

1. Fibonacci Retracement:

Horizontal lines indicating retracement levels (0.786, 0.618, 0.5, etc.) are used to map potential support and resistance based on price retracements.

Key levels:

0.618 (1.9173): This level is often strong support.

0.786 (1.6421): Lower support if a sharp correction occurs.

0.5 (2.1106): Resistance if the price falls from the current level.

2. Moving Averages (MA):

Yellow MA (possible short MA): The price is approaching the yellow MA, which is often a dynamic support line. If the price stays above it, the short-term bullish trend could persist.

White MA (possible long MA): The price is still above the white MA, indicating that the medium-term trend remains positive.

3. Price Trend and Pattern:

The price previously recorded a significant increase, then corrected to the Fibonacci retracement area.

The price is currently trying to stay above 2.3367, which is a minor resistance.

If the price is able to break through this resistance, the potential for an increase to the Fibonacci level 0 (2.9296) or higher is very possible.

4. Potential Scenario:

Bullish: If the price manages to break through the resistance of 2.3367 and stays above it, the next target is around 2.9296 (Fibonacci level 0).

Bearish: If the price falls below 2.0781, the next correction target is at 1.9173 (Fibonacci level 0.618) or even 1.6421.

Recommended Strategy:

Buy Entry:

When the price breaks out above 2.3367, with confirmation of a strong bullish candle.

Sell ​​Entry:

If price falls below 2.0781, with target support at 1.9173 or lower.

Stop Loss:

Place below 2.0781 (for long positions).

Or above 2.3367 (for short positions).

$XRP
#BecomeCreator
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