Here’s my take: XRP is setting the stage for something big. It’s showing similar breakout dynamics to 2017 , and the recent move out of a Bullish Triangle pattern is a strong signal. We’re seeing solid momentum, and with XRP trading near $2.87 , it’s eyeing that $3.50 resistance level — backed by increasing market activity and a clear boost in institutional interest. Is Altseason on the Horizon? The potential here is huge. If XRP can sustain this trajectory, with a maximum target of $5.00 , it might just ignite an altseason in 2025. The broader market is already favoring altcoins as Bitcoin consolidates, and XRP could very well lead the charge, pulling fresh attention back into the altcoin market. XRPBTC Cup & Handle: Ultra Bullish https://www.tradingview.com/x/rdMrhsNh/ On the weekly timeframe , the XRPBTC pair is forming a massive Cup & Handle pattern , which is historically ultra bullish. The breakout level sits at 3050 , with targets extending to 4311–5931 . This adds even more bullish momentum to XRP, making it a top pick for significant gains. What I’m Watching Key levels are everything right now. $3.00 and $3.50 are crucial short-term resistance zones. If XRP can break through decisively, the next target is clear: $5.00 . The breakout from that Bullish Triangle has already established a solid bullish foundation, so this is definitely one to keep a close eye on in upcoming weeks. https://www.tradingview.com/x/YizGFng4/ XRP: A Turning Point with SEC Drama and Growing Institutional Interest Ripple's Ongoing Legal Saga with the SEC XRP continues to dominate headlines as the legal battle between Ripple and the SEC takes another turn. With SEC Chair Gary Gensler preparing to step down, the agency is set to file its opening brief in the appeal against Ripple this week . Ripple remains confident, bolstered by support from industry leaders and the incoming pro-crypto administration led by Paul Atkins. Ripple President Monica Long has also highlighted the broader adoption potential of tokenization, emphasizing that 15 of the world’s top 25 banks have already piloted tokenized asset projects, signaling a promising future for the XRP Ledger. Tokenization Push with RLUSD Stablecoin Ripple Labs is leading the charge in tokenization with its innovative RLUSD stablecoin, launched to drive real-world adoption. The stablecoin has seen impressive adoption milestones across global exchanges, including in Singapore via Independent Reserve. Ripple’s focus on leveraging the XRP Ledger for tokenization through strategic partnerships like Archax positions the company as a key player in the evolving crypto-banking space. As banks explore crypto integration, Ripple is set to benefit from this mainstream adoption trend, assuming regulatory clarity continues to improve. XRP ETF Approval Could Trigger Massive Inflows Institutional interest in XRP is also heating up, with JPMorgan predicting that a spot-based XRP ETF could attract inflows between $3 billion and $8 billion . This follows the success of Bitcoin and Ethereum ETFs and growing confidence in the pro-crypto regulatory environment. Multiple players, including Bitwise and WisdomTree, are already vying to launch an XRP ETF, with analysts giving a 59% probability of approval in 2025. Ripple CEO Brad Garlinghouse sees this as a natural progression, further solidifying XRP’s potential as an institutional favorite in the coming years.
The gold market OANDA:XAUUSD has been oscillating between 2,647 and 2,671, and the support price of the 2,646 area has been retested again. The fluctuating trend of gold in this pilot region can be attributed to the robust performance of XRP, which recently built on correlation as a digital gold in the altcoin market. If the Gold price increases and a bullish candle again closes above 2,670, my first target will be 2,704. On the other hand, If the price decreases and a bearish candle closes below 2,670 and keeps below 2,647, I strongly recommend watching it and waiting for a new analysis for the changing price range.
From a broader perspective, this growth is unlikely to signify an alt season. On the daily chart, a pullback to 4.5% is expected, which could indicate Bitcoin's return to 92K or even 89K. However, altcoins have shown that they are not far from their price floor and may follow a path somewhat independent of Bitcoin ?
Volatile day for #SPX yesterday, market rallied on PPI but failed and came down to our 5815 level to perfection and rallied to 5865 for a good 50 pts as shared in our group. Price action on daily is still bullish, looking for further upside. Price is holding PZ now. Bullish, with assumption that CPI could well follow PPI, for a move higher, 5900 5960 as next targets above.
Market Analysis: WTI Crude Oil Price Regains Momentum WTI Crude oil prices climbed higher above $77.00 and might extend gains. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil prices extended gains above the $74.40 and $76.50 resistance levels. - There is a short-term declining channel forming with support at $76.00 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a major upward move from $72.30 against the US Dollar. The price gained bullish momentum after it broke the $75.00 resistance and the 50-hour simple moving average. The bulls pushed the price above the $76.50 and $77.00 resistance levels. The recent high was formed at $77.82 and the price started a downside correction. There was a minor move toward the 23.6% Fib retracement level of the upward move from the $72.32 swing low to the $77.82 high. https://www.tradingview.com/x/5Z2JH5uC/ The RSI is now below the 50 level and there is a short-term declining channel forming with support at $76.00. Immediate support on the downside is near the $76.50 zone. The next major support on the WTI crude oil chart is near the $76.00 zone, below which the price could test the $75.05 level and the 50% Fib retracement level of the upward move from the $72.32 swing low to the $77.82 high. If there is a downside break, the price might decline toward $74.50. Any more losses may perhaps open the doors for a move toward the $72.30 support zone. If the price climbs higher again, it could face resistance near $77.05. The next major resistance is near the $77.80 level. Any more gains might send the price toward the $78.50 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
In 2021 we saw the Russel creating this Dump Pattern: 1. Sideways 2. Break the high 3. Dump Watch how it looks now. To me it's very, very similar. Any other confirming signals? Yes! Price reached the white Center-Line and started to go south. Here's my game plan: If the weekly TB is broken on a close, and an Open is below the TB afterwards, I'm looking for a short entry. PTG1 is at the red Center-Line and a runner with a definite PTG2 at the green support line. My weapons will be the Options, not the Futures. It gives me much more leeway and freedom of flexibility.
"When looking at Gold on the high timeframe, the price has been fluctuating between the $2600 and $2750 zones consistently. Valid Order Blocks (OB), inducements, and other patterns are observable on the chart. I predict that the price will finish its pullback to the mentioned zones. It's advisable to monitor candle formations closely for a good buying opportunity."
Following Siemens in daily chart. I am mostly bearish in German stocks. For Siemens, I got a weekly short call o Monday and today a short call again in daily chart. TP1 188.6 TP2 186.2 TP3 184.9 - my main target. You can stop above 195 daily candle close.
Market Analysis: Gold Price Regains Momentum Gold price started a fresh increase above the $2,665 resistance level. Important Takeaways for Gold Price Analysis Today - Gold price started a steady increase from the $2,630 zone against the US Dollar. - It cleared a key bearish trend line with resistance at $2,670 on the hourly chart of gold at FXOpen. Gold Price Technical Analysis On the hourly chart of Gold at FXOpen, the price formed a base near the $2,630 zone. The price started a steady increase above the $2,650 and $2,665 resistance levels. There was a decent move above the 50-hour simple moving average and $2,680. The bulls pushed the price above the $2,690 resistance zone. Finally, the bears appeared near $2,700. A high was formed near $2,697 before there was a downside correction. https://www.tradingview.com/x/8PJatf2P/ A low was formed at $2,656 and the price is again rising. There was a move above the 23.6% Fib retracement level of the downside correction from the $2,697 swing high to the $2,656 low. Gold cleared a key bearish trend line with resistance at $2,670. The RSI is now above 50 and the price is now facing hurdles. Immediate resistance is near the $2,678 level or the 50% Fib retracement level of the downside correction from the $2,697 swing high to the $2,656 low. The next major resistance is near the $2,688 level. An upside break above the $2,688 resistance could send Gold price toward $2,698. Any more gains may perhaps set the pace for an increase toward the $2,720 level. On the downside, immediate support is near the $2,665 level. The next major support sits at $2,655, below which the price might test $2,645. Any more losses might send the price toward the $2,630 support zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SPARKS:VIRTUAL is at a cheap price if you zoom out at daily and 4h timeframes. This is an inter-day trade. wait to reclaim $3 mark to buy and ride the trend. take profit: 3.29 & stop-loss 2.98 good luck