XRP is about to make a decent move imo. Everytime we have tho MA cross it bullish short or long term it’s always a great return after this cross.
Looking at the trend price has maintained bullish structure and we're only seeing to test previous broken structures. Let's see...
CME_MINI:NQM2025 - PR High: 19723.00 - PR Low: 19666.25 - NZ Spread: 126.75 Key scheduled economic events: 09:30 | Crude Oil Inventories 14:00 | FOMC Economic Projections FOMC Statement Fed Interest Rate Decision 14:30 | FOMC Press Conference Majority of volume in contract month M - Counter breakout close of previous session - Rotating back inside previous week range towards 19400 inventory - AMP margins temporarily increased in preparation for Fed events Session Open Stats (As of 12:55 AM 3/19) - Session Open ATR: 472.38 - Volume: 32K - Open Int: 194K - Trend Grade: Neutral - From BA ATH: -12.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19814 - Short: 18675 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
I guess so because this was so hyped and its so hyped it fell down to the brim, Falling to the brim and what amazes me is the volume spike is not permanant!
Daily Forecast- Few pairs I am looking at for the day ahed
btc is at a critical stage .i believe we will retrace to support if we dont get a break out. all i see is a lot of sideways action and a lot of stop loss hunting .until people loose complete faith will the market turnaround and we have a lot of people believing we will moon soon,with so called predictions.i will remain bearish until i see conformation otherwise.a side note is if this does dip to 65k we will see a huge inverse head and shoulders.
DOT/USDT Analysis – 1D Chart (OKX) Support Levels: First support: 4.239 USDT Next support: 3.652 USDT (Key Demand Zone) Resistance Levels: First resistance: 6.008 USDT Next resistance: 7.652 USDT (Supply Zone) Major resistance: 9.476 – 11.654 USDT Entry Points: Potential buy zone around 3.652 USDT, which aligns with demand support. A breakout above 6.008 USDT could signal bullish momentum toward 7.652 USDT. If DOT drops below 3.652 USDT, further downside movement is possible. Risk Assessment: If the price fails to hold 3.652 USDT, it may enter a deeper downtrend. Stop-loss should be placed below 3.652 USDT to limit risk. Trade Conditions: DOT is currently in a bearish trend, but a potential bullish reversal is forming. If it breaks the descending wedge pattern, we may see a move towards 6.008 USDT. A breakout above 7.652 USDT could confirm a stronger bullish trend. ? Summary: DOT is trading near a key support zone. If it holds above 4.239 – 3.652 USDT, a bullish reversal is possible. A move above 6.008 USDT could confirm further upside. However, if it falls below 3.652 USDT, it may continue the bearish trend. ?
XRP need another test for nPoC testing! The fact a straight movement can be done!
Event to pay attention to today: 20:00 EET. USD - FOMC Rate Decision GBPUSD: The GBP/USD pair is currently experiencing a decline, trading near 1.29900 during Asian hours on Wednesday after rising in the previous two sessions. The pair is encountering difficulties as the US Dollar (USD) remains strong, supported by stable US Treasury bond yields ahead of the Federal Reserve's (Fed) interest rate decision later in the day. Market expectations are that the Fed will maintain its current interest rates, in light of ongoing concerns regarding inflation and economic uncertainty. The U.S. Dollar Index (DXY), a measure of the dollar's strength against six major currencies, is currently trading near 103.40. Meanwhile, yields on 2-year and 10-year US Treasuries are currently at 4.04% and 4.29%, respectively. However, the US dollar has experienced some pressure due to weak economic data from the US and recent tariff threats from US President Donald Trump, contributing to investor uncertainty. Traders are closely monitoring the Fed's updated economic forecasts for further indications regarding the future trajectory of US interest rates. Any indications of a hawkish stance from Fed policymakers could potentially weaken the US dollar against its counterparts. In addition to the economic factors, The Wall Street Journal reports that Trump has dismissed two Democratic commissioners of the Federal Trade Commission (FTC). The legality of this action is being contested, and there is speculation that it may set the stage for the dismissal of Fed Chairman Jerome Powell and other members of the Federal Reserve. The British pound (GBP) is trading cautiously as investors focus on the Bank of England's (BoE) interest rate decision scheduled for Thursday. Market expectations are for the Bank of England to maintain borrowing costs at 4.5%, with a predicted 7-2 vote split. Bank of England Monetary Policy Committee (MPC) members Catherine Mann and Swati Dhingra are expected to favour a rate cut. At the February meeting, both officials advocated for a 50 basis points (bps) rate cut, while the majority supported a more conventional 25 bps reduction. Trading recommendation: SELL 1.29700, SL 1.30300, TP 1.28900
GMT/USDT Analysis – 1D Chart (OKX) Support Levels: First support: 0.0501 USDT Next support: 0.0478 USDT Key support: 0.0407 – 0.0401 USDT Resistance Levels: First resistance: 0.0953 USDT (Supply Zone) Next resistance: 0.1517 USDT Major resistance: 0.1974 – 0.2638 USDT Entry Points: If the price holds above 0.0501 USDT, it may be a potential long entry opportunity. A breakout above 0.0953 USDT could lead to a further move towards 0.1517 USDT. If the price drops below 0.0478 USDT, selling pressure may increase. Risk Assessment: If the price falls below 0.0401 USDT, it could drop further to 0.0107 USDT. Stop-loss should be placed below 0.0401 USDT. Trade Conditions: GMT is in a strong downtrend but currently forming a potential bottoming structure. If it breaks above 0.0953 USDT, there could be a bullish reversal. If it fails to hold 0.0501 USDT, the downtrend may continue. ? Summary: GMT is at a crucial support zone. If it holds above 0.0501 USDT, it could attempt a bullish recovery. However, if it fails to break above 0.0953 USDT, further downside movement is possible. Watch price action closely before making a decision. ?