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$XRP broke out with a significant volume in the Daily chart, the daily candle is not closed yet but I think it's not a potential fakeout seeing the massive volume along with it. 🎯 0.5950 - 0.6100 is the potential target as there is a resistance level and order blocks. if we break above that level then it will continue to pump and can potentially reach it's all time high. The BULL Run is not a joke, NO SHORTS at any cost, only long position during pull backs Follow for more updates #TrendingTopic #BTC #XRP🚀

$XRP broke out with a significant volume in the Daily chart, the daily candle is not closed yet but I think it's not a potential fakeout seeing the massive volume along with it.

🎯 0.5950 - 0.6100 is the potential target as there is a resistance level and order blocks. if we break above that level then it will continue to pump and can potentially reach it's all time high.

The BULL Run is not a joke, NO SHORTS at any cost, only long position during pull backs

Follow for more updates

#TrendingTopic #BTC #XRP🚀

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Analyzing the Crypto Market: Liquidations and Potential Reversal Market Overview • After the downward impulse, there is a ringing silence on the crypto market, for now let’s look at the situation with liquidations. Liquidation Statistics • According to Coinglass, within an hour since the release of data on consumer inflation in the United States, $64.59 million worth of traders were liquidated. • Of these, longs amounted to $59.62 million, shorts amounted to only $4.97 million. • In just 24 hours, there are already $310.36 million in liquidations. • Of these, longs - $258.38 million. Liquidity Distribution • According to the map of potential liquidations, the situation is ambiguous - there is more liquidity at the top now, but there is also a lot at the bottom, plus the bears are more cautious. Their liquidations cost further, at $68,390. Liquidity Heat Map Analysis • According to the liquidity heat map from Coinglass: • 24 hours: main clusters in $BTC at $68,487 and $69,807 • for the week: main clusters at $68,114, zone $68,800, $70,980, $72,840. • on thehe month: main clusters at $65,289 and $72,062. Market Outlook and Trading Strategy • In general, the picture looks like a good start to an upward reversal, and not a rebound. • The only thing that confuses us is that the BTC rate is stuck around $67,650, where there are no important supports on our chart. • Buy at the current level without waiting for a larger drawdown. • But as long as there is no consolidation above at least the nearest support (volume level of $68,232), we can receive a second impulse as a gift. With a target, the volume level of $67,088 and EMA 200 of the four-hour time frame are slightly lower. Follow me for daily updates❤️ #BullorBear #cpi #bitcoinhalving
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