it's normal, after a month of increase there is a correction or even a change in trend, as long as the btc dominates the ALTs cannot explode except in special cases
BRFM
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Bearish
What's happening with the market? Can anyone explain why it's falling so much?
It's just plummeting, the two days of decline in the week have turned into a week and a half.
I hope I'm wrong, but on the 1D chart we can see that we are reaching the tip of the descending triangle which indicates a change soon, I think it will descend
HilalDIGITAL
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I think we will witness a turning point in prices next week
I advise watching #XRP and #BTC closely
The first has completed its corrective cycle and it is time to take off and it has given a signal to that effect, and if we look at the 4-hour chart, it has given us a buy signal by breaking the last peak, while the second is preparing for a meteoric rise, as its sudden decline will be followed by a sudden rise that is even stronger than it
My personal analytical point of view.. We will wait and see.
it's a V model and in 1 hour chart it's not worth much, but hope keeps us alive š
bitcoin_pro_safe
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Bullish
#BTCNextMove
#Headandshoulder
#patternconfirm
bullish pattern confirm
This pattern is known as an inverse head and shoulders pattern. It's a bullish reversal pattern that signifies a potential shift from a downtrend to an uptrend. The pattern consists of three troughs, with the middle trough (the head) being the deepest, and the two outer troughs (the shoulders) being shallower and roughly equal in depth.
It will continue to go down, this little pull back is only the overselling of the market in the short term, back in the red in 2 days I think, to see how the levels hold
Cheri Hamborsky ET5k
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š After a slight recovery on the 1h and 24h charts, š after the sharp drop in the market, we want to know: what is your opinion on the next moves? š Bullish or bearish? š¤ Leave your comment here! š¬š
I don't see or you see an ascending triangle, for me it is descending you just have to put yourself in weekly chart with bollinger to see that it is rising too fast
CryptoCreekk
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XRP 87% PUMP ALERT
Coin Name : #XRP Signal Type : Long
As we can see in the chart, XRP has formed a Bull Flag Pattern, which has a probability to break out from the up side. The Trend Based Golden Pocket suggests a target of 4.18 lands almost at the exact area where the Bull Flag target is. As we are in a support, this is a good time to open a massive long position with great RR.
BTC.D has respected the Bear Pennant pattern, if it goes validated like we expect, we are golden. ( Join my Binance live for premium crypto signals )
USDT.D has reached an important area of resistance, a push down is expected.
The Altcoin Market Cap chart has bounced off of an important area of support, if this breaks, Bull Season is delayed.
Trade Details:
Entry : Around 2.3 ( Join my Binance live for premium crypto signals )
TP : 4.18 SL : 1.72
$XRP
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And it's not over, it's going to go down even more
Tera Fenger bqUY
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the big whale whores are blowing up the STOP signs, everything is manipulated so that everyone sells and the whales buy back lower with millions to earn even more, stop selling stupidly all the time and playing their game
Personally I think the trendline has been broken, I see a retracement towards 1.88 and maybe even towards 1.37, what do you think?
Vladislav Hryniv
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$XRP Price Prediction For December 19 - CoinPedia Analytics
XRP is currently trading within a defined range, supported around $2 and facing resistance between $2.90 and $3. This resistance zone has been a persistent hurdle for XRP, and while the asset hasn't yet broken its bullish trend, it is experiencing consolidation in this range.
Key Fibonacci levels have been reached, though a slight dip before further upward movement is still a possibility. Many believe XRP bottomed at $1.90 in 2020, setting the stage for the current upward trajectory.
XRP's recent bullish flag breakout suggests potential short-term gains, with a target of $3.80, indicating a 47-48% upside. Despite this optimistic outlook, short-term resistance remains significant around the $2.70-$2.85 levels, and the price struggles near the $2.90-$3 range.
The price is holding above support at $2.50, but should it dip below $2.38, the bullish trend could be invalidated. Traders need to monitor these key levels for clearer signals of where XRP's next move might take it.
I don't think it reaches 0.8 but 1.8 and maybe 1.5 for sure
GK-ARONNO
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Sorry guys...todays action is going to have big effectsš
$XRP
The 2 hour chart is almost clearly indicating prices below 80 cents in the coming weeks. it is what it is...much as i would have to loved to see it go to $5 later
$XRP I'm sick of this cryptocurrency!!! 2 liquidations in 2 weeks. First $7500, now $3000. And I was playing it safe 10x long. This is some shit, not the future of the market. Sell while you can
I also think we're going to see a nice correction due to the "M" formation signaling a bearish reversal.
GK-ARONNO
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Daily XRP - Crash or Consolidationšš
$XRP
Taking a look at the daily XRP chart we can see that XRP remains above the long term upper channel resistance where it remains heavily in the over bought territory on the monthly time frame. Take a look at our Monthly XRP chart idea below for more on this.
Back to the daily XRP chart, we can see that XRP has been forming lower highs and lower lows, a classic sign of a the bulls failing and the bears beginning to take over.
We can see that the Fibonacci Retracement, drawn from the most recent high - the all time high price of 2.904, down to the most recent low of 1.908 (which also happens to be inline with the long term channels upper resistance level) has seen a retracement and rejection of the 0.764 Fib which sits at 2.6678. From here, as per the Fibonacci's expectations we would presume that the first target would be the -0.272, or any of the other Fibonacci extension levels which line up with relevant support levels - highlighted by the blue box.
Channel pattern suggests the price could soar by 25%!
Watch XRP, the price has been stuck in a channel since December 3rd, but now, 10 days later, it is attempting to break out and is testing the upper boundary of the channel. The RSI has already broken its trendline, suggesting momentum is turning upwards. $XRP
However, these channels are not the most reliable patterns. A breach to the 2.4850 high would increase the probability of a move higher. Based on the channel's depth, a push toward 3.05 is expected, representing a 24.79% increase. Trade at your own Risk š Best Regards, Trade Cryptocurrency Stay Tuned for Further Updates. #BTCNewATH #ETHHits4KAgain
Yes I think so too, because it arrives at the meeting point of the trend lines, if it breaks 2.5 it will be a strong bullish sign but if it goes below 2.2, return to 1.85 or even 1.5
asaph1
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š„Ā XRP on the Brink of an Imminent Breakout: Up or Down?Ā š„
The XRP chart shows a setup suggesting a possible breakout. After a recent peak above $2.80, XRP has been consolidating within a descending channel. The critical level to watch is $2.50, as a breakout above this level could drive XRP towards $2.80 and beyond. If it fails to surpass it, it could bounce on the support at $2.30. The next 48 hours will be crucial to determine the direction of the movement. šš°š