No trade yet, CPI next week making this risky. 2630-2650 break either way and we’re off… Scalps possible in the chop but nothing else. You’ll just get caught out. Wait for a solid break.
Waiting #SUI/USDT to take this Sell-side Liquidity before Buy-side Liquidity. If CRYPTOCAP:SUI swept and didn't retrace back, it can revisit the 4H +OB. The local support level is PMH $3.9461.
Just an idea at this stage. Will be looking for an entry on Monday if price rejects 1.275. CPI next week, bond yields falling, DXY holding 106, XAUUSD trading sideways, so still a lot of uncertainty that needs to break before I’m confident. Anyone else seeing this as a potential trade?
NASDAQ:RIVN A breakout from that descending wedge could send the stock to the $19 area. What do you think? Can it break out, or will it face rejection? As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
Gold prices are currently in a neutral range bound trend,oscillating between the define zones.this reflects lack of clear market direction in short term.it is expected to further sell if it breaks the consolidation zone.
I think the dollar will move higher given Trump's tariffs and the jobs report. Technically, it has broken its long-term downtrend line and is pulling back to it.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. XRP on the Rise: Technical Analysis and Whale Activity Point to Significant Gains The XRP market has been steadily gaining momentum, with recent technical analysis and whale activity suggesting significant price increases in the coming days. It is predicted that XRP could surge to $5 within the next 72 hours, with a more conservative estimate of $8.00+ in the long term. Technical Analysis: A Bullish Outlook Technical analysis of XRP's price charts reveals a strong bullish trend. Key indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are signaling a potential upward breakout. The RSI, which measures the speed and change of price movements, is currently in the overbought zone, indicating strong buying pressure. Furthermore, the MACD, which compares two moving averages to identify trend changes, has formed a bullish crossover, suggesting that the upward trend is likely to continue. These technical signals, combined with the recent surge in whale activity, have fueled optimism among XRP investors. Whale Activity: A Sign of Confidence Large-scale investors, often referred to as whales, have been actively accumulating XRP during recent price dips. This increased whale activity is seen as a positive sign, as it suggests that these experienced investors anticipate significant price appreciation in the future. A recent transaction involving the purchase of $288 million worth of XRP by a single whale has further ignited speculation about a potential price surge. Such large-scale purchases can significantly impact the market, as they can help drive prices higher. Expert Prediction: A Conservative Estimate It is suggested that XRP could reach $8.00+ in the long term, as the cryptocurrency market continues to mature and gain wider adoption. This conservative estimate is based on a number of factors, including the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). While the outcome of this case remains uncertain, many investors believe that a favorable ruling could significantly boost XRP's price. Maintaining the Momentum: Key Factors To maintain the current price rally, several key factors will need to come into play: • Positive Market Sentiment: Continued positive sentiment among investors and traders is essential for sustaining the upward trend. • Favorable Regulatory Environment: A favorable regulatory environment, particularly in the United States, could significantly boost XRP's price. • Increased Institutional Adoption: Increased adoption of XRP by financial institutions and corporations could further drive demand and price appreciation. • Strong Fundamental Performance: Strong performance of the underlying technology and network will be crucial for long-term growth. In conclusion, the combination of bullish technical indicators and increased whale activity has created a strong bullish case for XRP. While short-term price predictions may vary, the long-term outlook for XRP remains positive, as the cryptocurrency market evolves and matures.
Filecoin targeted the golden pocket and got rejected. after the big move upwards it respected the trendline multiple times and now comes closer to touching it again. slightly bellow the trendline the 50% fib would be a possible support level to bounce off of. if that doesn't hole I see BINANCE:FILUSDT fall towards the VAH since within this current uptrend there isn't much volume above that. Given the altcoin season sentiment I think filecoin will bounce either on the trendline or the 50% fib and moves towards 78.6% fib in the short/mid term
Trading idea for Cardano in D1: - Wait the price pullback to mayor OB zone - Looking for 2:1 ratio
The trend seems to have ended in this timeframe / Currently, the trend seems to be continuing. I do not recommend trading until the trend ends in this timeframe and lower targets Make sure to involve less than 2-3% of your total capital and adhere to money management principles This is just a suggestion for consideration