We are good with the short-term. We secured a great entry. It is time to consider how far up XRP will go and bull-market dynamics. How is XRPUSDT likely to behave in this 2025 bull-market. The first data point to consider is the fact that XRP peaked early in 2021, it did so in April. This time around, this won't be the case. XRPUSDT is likely to go the full cycle together with the rest of the market. That is because the action that led to the April 2021 peak started in March 2020, strong bullish action for more than a year. In this cycle, XRP started growing in November 2024. An entire year growing would put a final peak around November 2025. This is the date that I am looking for most of the projects to peak. I will adapt and change if necessary as the action develops but I am still thinking that the bull-run will run into late 2025 and even into early 2026. ➖ Support & Resistance There is a very strong resistance at $3.00. $2.35 is the main support. In December 2024, XRPUSDT peaked at $2.90, right below three. After a small retrace, it pierced the $3.00 barrier but closed below. Twice in January $3.00 worked as resistance and the third time a correction showed up. The action is now happening below $3.00 and this is the final resistance, the last barrier. Once this level break, ALL-IN, full force. XRPUSDT will produce a major advance and produce several new All-Time Highs. After the $3.00 barrier is broken, the main range were resistance will be found is between $4.44 and $4.68. This is a take profits target. Even if higher prices materialize later down the road, there will be a strong reaction around this level. I am only mentioning the main levels. Next, we have $6.15 and $6.36 as the strongest resistance. This one should be monitored carefully. Whales and advanced traders will be watching this level for massive profit taking. If this level is conquered, there is no limit as to how high prices can go. We can enter a parabolic cycle. Some extremely bullish event would need to develop to support this type of growth. Or, the fifth wave is the speculative wave, so anything goes. ➖ Market Talk The market will become tricky. Daily action will be erratic. Volatility in short. The big players will produce all sorts of moves in an attempt to remove weak hands, this will happen non-stop on the way up. It will be very hard to know what is going on and it will be easy to lose focus. To stay centered and grounded, just think long-term. When you zoom-in too close and start to get anxious, just remember the bigger cycle and the fact that the bull-market lasts the entire year. Detach, reduce leverage and hold. Once you are centered resume the game. Do not trade when you lose focus or you can end up closing your position on an impulse and there is no way to recover the great entry price. ➖ Speculation Looking at the chart structure, I think it will be easy for XRP to move beyond $8. If we consider 2025 fully bullish, then much more is possible but I don't want to get in too deep, if you know what I mean. But I sure want to say that the conditions are extremely good and hyper-bullish. If you are going to err, err on the higher end. Aim high, aim up. Thanks a lot for your continued support. Namaste.
Good to buy the stock once it trade above the AVWAP line.
The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
The EURUSD has bounce back from 1.036 and now can see resistant at 1.047 but another bottom below 1.036 to 1.033 looks possible.
Bitcoin is facing strong resistance at $94,000, making a short-term retracement to $82,000 increasingly likely. A realistic scenario would involve a rebound from GETTEX:82K , forming a W-shaped double bottom that could serve as a foundation for renewed bullish momentum—though this remains speculative.
USD/JPY is moving within an ascending channel, maintaining a sideways trend with a slight bullish bias. The price is fluctuating between 149.657 - 151.753, with key support at the channel’s lower boundary. Currently, USD/JPY is testing the EMA 34 & 89, a crucial area that could determine the next move. If the price holds above 149.657, it is likely to continue rising toward 151.753. However, if resistance emerges at this level, USD/JPY may retrace back to support before confirming its next direction. Trading Strategy Buy around 149.657, with a stop-loss below 149.400, targeting 151.753. Buy if the price breaks above 151.753, confirming stronger upside momentum. Sell scalping if the price gets rejected at 151.753, expecting a pullback toward support. The speech by BOJ Governor Kazuo Ueda at the IMF event in Tokyo could significantly impact the JPY. If Ueda adopts a hawkish tone, JPY could strengthen, putting downward pressure on USD/JPY. Conversely, if BOJ remains dovish, this pair may extend its upside movement.
I Took some Longs on Buy, Basically scalping last day Gold fall and i think i will continue its bearish momentum, Buy after some retracement, my Goal is Resistance arround 2880/90 and 2900/2910 Lets See how it play's..
Dear traders! Currently, EURUSD is pausing its three-day losing streak, trading around 1.0417 during the Asian session on Monday. The pair's recovery is driven by a weaker US dollar, following the release of the January Personal Consumption Expenditures (PCE) inflation data on Friday, which aligned with forecasts and eased concerns over an unexpected inflation spike in the US. However, the upside remains challenging, as the downtrend channel is still intact, and there are no significant reversal signals from the EMA 34 and 89. If the resistance levels within the channel hold firmly under bearish pressure, the downward trajectory is expected to persist, potentially pushing EURUSD towards 1.0363 (gap-filling level) and even lower, towards the lower boundary of the trend channel, as indicated on the chart.
Attention traders! XAUUSD is on fire, setting new highs with precision! Check this out: XAUUSD Insight: Locked in a fierce contest between 2870 and 2861. Is a breakout near? Downside Watch: Stay cautious for potential drops if it dips below this range! Targets: 2846, 2833. Upside Watch: Look for buying signals if it rises above! Targets: 2878, 2888. Use proper risk management
Based on My description, here's a technical analysis framework for Bitcoin (BTC) with a *sell setup* targeting key downside levels, assuming the price fails to break above the resistance at *$94,500*: --- ### *Key Levels & Strategy* 1. *Resistance: *$94,500** - A confirmed rejection at this level (e.g., bearish candlestick patterns, declining volume) would trigger a sell signal. - A break and close above this resistance would invalidate the bearish outlook. 2. *Downside Targets*: - *Target 1: $91,000* - Near-term support; a breakdown here signals momentum weakening. - Likely a minor bounce zone, but a close below $91k opens the door to deeper corrections. - *Target 2: $88,000* - Stronger support (e.g., previous swing low, Fibonacci level, or institutional buy zone). - *Target 3: $85,000* - Psychological level and potential institutional accumulation area. - *Target 4: $80,000* - Major support (e.g., 200-day moving average or long-term trendline). - *Target 5: $75,000* - Worst-case scenario (bear market territory if fundamentals deteriorate). --- ### *Technical Tools to Confirm the Setup* - *Volume*: Increasing volume on breakdowns below each target confirms bearish momentum. - *RSI/MACD*: Oversold conditions (RSI < 30) at targets like $85k or $80k could signal a reversal or pause. - *Chart Patterns*: Look for descending triangles, head-and-shoulders, or breakdowns from consolidation. - *Fibonacci Retracement*: Targets may align with key Fib levels (e.g., 38.2%, 50%, 61.8%) from recent swings. --- ### *Risk Management* - *Stop-Loss*: Place above $94,500 (resistance) or a tighter stop at $93,000 if price shows weakness before the resistance. - *Position Sizing*: Scale out profits at each target (e.g., sell 20% at each level). - *Market Context*: Monitor macroeconomic factors (e.g., Fed policy, ETF inflows/outflows, regulatory news) that could override technicals. --- ### *Scenario Planning* 1. *Bullish Invalidations*: - A close above $94,500 could trigger short squeezes toward $100k+. Watch for bullish catalysts (e.g., ETF demand, halving momentum). 2. *Bearish Acceleration*: - A break below $75k could signal a structural downtrend (e.g., recession fears, crypto-specific black swan). --- ### *Psychological Notes* - *Fear of Missing Out (FOMO)*: Avoid chasing the trade if price gaps past key levels. - *Confirmation Bias*: Use multiple indicators (not just price action) to validate entries/exits. Let me know if you'd like a chart markup or deeper dive into specific tools! ?