The XRP price has reached the Fibonacci resistance level of 0.618, a level at which cryptocurrencies often experience a reversal. https://www.tradingview.com/x/pBkGuO5R/ The RSI indicator signals extreme overbought conditions, with values exceeding 90. Additionally, there is a bearish divergence, which suggests a potential price decline. https://www.tradingview.com/x/CnsXxgcj/
I like this name based on delivery numbers. Can this squeeze out $25 and beyond? Final Target $30.
DOGE/USDT continues to display bullish market behavior, consolidating within a **rising wedge** formation as the price trends upward. The narrowing of the wedge indicates that the price is approaching a critical point for its next major move. **Key Observations:** 1. **Price Action:** - The price remains firmly above key moving averages (20, 50, and 200), signaling a continuation of the broader uptrend. - The narrowing wedge reflects a buildup of tension, typical before a decisive breakout or breakdown. 2. **Volume and CMF Dynamics:** - A **notable drop in volume** is visible as the price consolidates, which often signals a pending sharp move. - The **Chaikin Money Flow (CMF)** indicates declining momentum, highlighting a reduction in buying strength and market participation at this stage. 3. **Momentum Indicators:** - **OBV (On-Balance Volume):** Maintains an upward trend, indicating consistent accumulation despite the consolidation. - **RSI:** At **70.95**, the slightly overbought reading suggests the possibility of temporary consolidation or a pullback before a potential continuation of the uptrend. **Conclusion:** DOGE/USDT is approaching a decisive moment as it consolidates within its rising wedge. The **drop in volume**, visible both on the chart and through the **CMF**, is a common precursor to significant price action. While momentum remains intact, traders should watch for increased activity that confirms the next move.
Please note that life for the majority of RF residents will begin in the new year with an incredible increase in the price of the dollar. The ruble is very weak, in addition to all this strengthening of the ruble will decrease in February 2025. At the moment 60% of export profits go to the strengthening of the ruble, from February this value will fall to 20%. Get ready! Horban Brothers.
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis ? ?This Chart includes_ (GOLD market update) ?What is The Next Opportunity on GOLD Market ?how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
- Possible bullish pullback price movement towards the resistance 3.200$ within the next period.
Technically, the gold does not look ready to conquer the tops, the price is stuck in the flat-- RESISTANCE: 2662- 2677,2710 SUPPORT: 2635 - 2646 Tested resistance in the form of a false breakout, accordingly, the market has potential - liquidity from below. At the moment the emphasis is on the local ascending channel. We are waiting for support retest. If the price starts to return to 2663 and consolidate, then we should expect the growth up to 2689.
Let's go back 7 years. On Dec. 1, 2017, BTC wicked down to $9,410 before going on its historic ride to $19,700, tallying a price move of more than 109%. This 2017 December ride coincided with the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) both launching their respective physically-settled BTC futures trading products. The CBOE launched its Bitcoin futures trading product on Dec. 10. Then Bitcoin reached its all-time high near $19,700 on Dec. 17, 2017, right when the CME launched its own cash-settled Bitcoin futures trading product. After Bitcoin a strong fall awaited Tomorrow launch of BTC options on the CBOE. ?Probably that's the reason to try short with SL at 105 000 USDT ? In case BTC continues its growth we won't lose much.
November monthly continuation to the upside failed following October's monthly inverted hammer candle signaling bearishness into December Last November daily candle signaled price in the process of going down so coming week should see further downside. Price target is last's year low.
Good aft. here's a simpler chart with just fib from .01 - 129.42 top we've come back to the .5 grain shed again so watching if it holds - Nov closed at 68.11 could bounce Sun night before any test lower . I've been watching it test the 1597 sma (light blue) at 68.32 -2nd support above Nov . LL lower close prev pivot leaves bear option still . keep your stick on the ice -boosting is free hint hint .