$XRP is showing signs of preparing for a breakout.Ripple isn't just targeting $2.0; it's also setting its sights on a new all-time high in this bullish market.
• 2 years of accumulation
• Utilized by major financial institutions
• Rapid & cost-effective
It's high time for CRYPTOCAP:XRP to awaken and ascend to new heights!
Xrp
XRP : Potential Bullish Reversal at Key Support Levels 💎 XRP is currently approaching the supportive trendline of an ascending channel, which also aligns with a key support level and a bullish Order Block (OB) zone, enhancing the likelihood of a bullish reversal from this area.
💎In the event that XRPUSDT breaks below this support level, it would be prudent to wait for the price to reach the next support zone, which was previously a resistance area and is now expected to act as support.
💎However, if XRPUSDT demonstrates panic selling and breaks down below all support levels, it would be wise to refrain from entering trades. Such price behavior often accompanies significant news events or market shifts, suggesting a high level of uncertainty that may not be conducive to profitable trading. Therefore, it is advisable to exercise caution and wait for clearer market conditions before considering any entries.
XRP Analysis: Potential Bullish Breakout from Descending Channel💎 XRP has rebounded from the demand area and is currently attempting to break out of the descending channel, which suggests a potential bullish scenario. To increase confidence in this upward movement, we need to see significant bullish candles.
💎For confirmation, we're looking for a candle closing above the small resistance level of 0.5411. A breach of this level could indicate further upside potential, with targets near the next resistance levels of 0.6237 and 0.6596.
💎However, if XRP retraces back to the demand area, we may see another bounce. Trading near the demand area carries risk, so caution is advised. A breakdown below this area would signal continued bearish control over XRP.
XRP/USDT RIPPLE Ready for $10 in bull market ?#XRP/USDT Bull Market Technical Analysis:
➡️ Last bull #XRP seriously underperformed while stuck fighting the #SEC
➡️ BTC hit new highs while XRP failed to pass 2017's $3.30 ATH
But with the SEC case now won - the floodgates may finally BE OPEN!
➡️ Similar triangle breakdown to 2017 is FORMING!
➡️ If 2017's 40,000% pump repeats - we could see mind-blowing $10+ XRP!
➡️ Survived 2,291 (6+ Years) brutal bear days - this coiling pattern signals Ripple's ready to ERUPT!
My Accumulation Zone: $0.40 - $0.50
Targets: $0.90/$1.95/$4/$7/$10+( bonus )
If you believe in parabolas, triangles, and cycles - CRYPTOCAP:XRP may be on the launching pad again here!!
Bitcoin Ready for $51000 or $31000 ?CRYPTOCAP:BTC Chart Analysis:
Bitcoin Bull Flag:
Chart pattern suggests bullish trend with targets of $48000-$52000.
However, #Bitcoin is heavily influenced by #BitcoinETF news, so caution is advised.
What to do?
If BTC/USDT holds above $41000, a bullish run to $48000-$51000 is possible.
But, a breakdown below $41000 could quickly lead to $31000.
Remember: Always trade with the trend and confirmations, never gamble.
#BULLRUN2024
ASTRADAO/USDT 10x-50x Potential As per Chart and Project#ASTRADAO 10x-50x Potential Project
I am Expecting ASTRA DAO will be next Gem in Bull Market.
Trying to add very Small Quantity.
Accumulation zone: $0.000000070-$0.000000095
Try to Add in Dip when Market Dump.
ASTRA DAO:
Astra DAO is a decentralized crypto asset allocator on Ethereum, offering convenient investment strategies and products/indices.
The native MYX:ASTRA token provides access to utilities, rewards, development funding, treasury reserve, voting, and staking benefits.
Note: DYOR Before Investing.
Do you Own Research before investing in any Coins or Tokens.
Bitcoin Dominance Chart ( Altcoins Pump or Dump ? )Bitcoin Dominance Chart Analysis: Market Insights and Predictions
Bitcoin dominance, or BTC dominance, is a metric that measures the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies. This indicator is used to gauge the strength of Bitcoin relative to the broader crypto market. Currently, Bitcoin dominance stands at 51.30%.
Key Takeaways:
- Bitcoin dominance is trading at a higher resistance zone, which may lead to a retracement.
- A potential test of the 47.50% support level is possible before a leg up.
- The relationship between Bitcoin dominance and altcoins:
a. Increasing Bitcoin dominance: Altcoins may go down in value.
b. Decreasing Bitcoin dominance: Altcoins may experience a pump in value.
Support and Resistance Levels:
Support levels: 47.50% / 40%
Resistance levels: 53% / 70%
Analysis:
Bitcoin dominance is currently at a higher resistance zone, which could result in a retracement to the support level of 47.50%. This could potentially lead to a short-term pump in altcoins' value, as Bitcoin dominance decreases.
SHIB/USDT 800% Potential in Bull Run ( Bullish Analysis )SHIB/USDT Long-Term Chart Analysis
Current Price: $0.00000940
After a -94% correction from the All-time High, SHIB is up 70% from the recent bear market bottom. Chart analysis suggests a potential breakout in the High Time Frame (HTF).
Breakout Level: $0.00001050
Long Term Targets: $0.000017 / $0.000027 / $0.000038 / $0.000067
Secondary Entry ( if Market Crash): $0.00000750
Potential Breakout Ahead:
SHIB is on the verge of a breakout in the HTF.
Waiting for confirmation for a good entry.
Long-Term Strategy:
Accumulate during dips for significant returns.
Targets are considered as resistances in the long term.
Future Expectations:
Anticipate substantial returns, especially during the MEMES trend.
Long-term targets set for potential future growth.
Follow me Friends.
Got My Trade in XRPUSDThe only thing you need to remember is that in trading, incurring losses is quite common, even if you are correct in your analysis
Previously, the market had gone against us, and, considering the present market conditions, I conducted my analysis, made my entry, and secured my profits.
XRP/USDT: Cracking the Rising Wedge - Stay Alert!💎 Paradisers, zoom in on XRP/USDT on the 1-hour chart. It's sketching out a rising wedge pattern. At the moment, it's hovering near the demand zone and the supportive trendline, potentially ensnaring some traders.
💎 Historically, it's bounce back from supportive trendline about five times. This could hint at a robust foundation for XRP, making it a contender for long-term considerations. If XRP/USDT manages to take support, we're eyeing ascents to resistance points at 0.5648 and possibly 0.6177. However, a dip below the 0.4492 demand zone might signal a descent towards 0.41111 and 0.3588.
💎 Word on the street is that there's some XRP-related news circulating. It's crucial to keep these levels on your radar and stay nimble, ensuring you seize every opportunity. Navigate wisely, ParadiseSquad!
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.4673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 0.5077
TP2= @ 0.5289
TP3= @ 0.5495
TP4= @ 0.5872
TP5= @ 0.6148
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XRP Pullback in playHey guys, it's been a long over due update on the markets. Although, not much has changed on the crypto forefront. With most coins ranging(accumulation).
However we did spot something interesting on #XRP. The price has formed a higher high structure after holding support of 0.2-0.3 very well and a strong monthly bullish engulfing candle closure. This means if we retrace back towards the daily sub demand level to grab liquidity and hold, we could see #xrp absolutely blast through towards the weekly supply zone of 0.67 - 0.85 zone.
Also the RSI on the weekly is forming bullish patterns (swipe) which is yet another confluence towards a long overdue upside momentum.
This could be a key area to take some profits if you have been accumulating at current levels. As we all tend to forget we are in a bear market and the price retraces towards the upside only to go lower following bear market structure.
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3817).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 78.
Take Profits:
TP1= @ 0.4080
TP2= @ 0.4314
TP3= @ 0.4615
TP4= @ 0.4924
TP5= @ 0.5339
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️