Cryptuyu
Crypto trader, crypto analyst - same name across the internet.
1 Ακολούθηση
790 Ακόλουθοι
504 Μου αρέσει
80 Κοινοποιήσεις
Δημοσιεύσεις
$BTC Analysis Updates
BTC fell out of the range, the current price is 80918, it failed to be able to hold up at 82K, then look down to 74K.
#BTC #Write2Earn
BTC fell out of the range, the current price is 80918, it failed to be able to hold up at 82K, then look down to 74K.
#BTC #Write2Earn
SOL Analysis Updates Feb 15th
$SOL broke through the trendline resistance and has not fallen below the resistance level these days, generally bullish.
$300 may be loading... completion time may be a few weeks.
Not an investment operation suggestion. Personal opinion. The market is turbulent, so be cautious when entering the market.
#sol #write2earn
$SOL broke through the trendline resistance and has not fallen below the resistance level these days, generally bullish.
$300 may be loading... completion time may be a few weeks.
Not an investment operation suggestion. Personal opinion. The market is turbulent, so be cautious when entering the market.
#sol #write2earn
BTC and ETH new analysis updates, and the trend of the alt season
It has been nearly a week since the last extreme market turmoil. The information and data presented on the charts these days have pointed out new trends for us. In the face of variables, we must also accept the market status and adjust our response strategies.
This article will first analyze the current situation and potential possibilities of BTC and altcoins representing ETH, and then we will compare the impact of BTC and altcoin market value trends on the altcoin season.
BTC VS ETH Price Situation
$BTC
Looking at this current chart, BTC is undoubtedly still running in the lavender box. Since the market turmoil 4 days ago, the recovery is very slow. The fear and greed index of the market has fallen to 39, which has made the entire market lose momentum. We seem to be afraid of falling.
Judging from the current candles, a W double bottom may be formed and then go up. Due to the lack of momentum, I see two possibilities for the upward path:
First, the blue path-the price successfully breaks through the resistance price, about 108K
Second, the pink path-if this sprint is unsuccessful and falls back into the shock zone, then this shock may be extended, and there is a certain possibility of extending for 2 months, which may bring momentum to the altcoin. Why do you say that? Please continue reading.
$ETH
From the current chart, ETH and most altcoins have formed a downward sloping channel. The market is so tangled. Every analyst is waiting for the price to break through the resistance price, but the market lacks momentum and has no motivation to break out, so it always falls back into the channel.
ETH also has two possible paths:
First, the blue route - the price breaks through the resistance price upward, and the short-term target can be temporarily seen at $3,000;
Second, the pink route - if after 4 to 5 days, the price falls back into the shock zone, then the shock period will be extended for nearly 2 weeks, and the price may break out of the shock zone at the end of February.
BTC VS Altcoin Market Value Trend
Before talking about the market value of the two, let's take a look at the rough comparison chart I made:
I only selected the market value trends of BTC and altcoins from February 2020 to the present, and roughly marked some key points
First, from around February 20, 2020 to around June 14, 2021, the market value of BTC was declining, while the market value of altcoins was rising;
Second, from around May 14, 2021 to around June 3, 2023, the market value of BTC was fluctuating, while the altcoin formed a second rising wave, and then fell into fluctuations;
Third, from around June 3, 2023 to now, the market value of BTC has been slowly climbing, while the altcoin has gone out of the fluctuation and produced two rising waves
What does this mean?
The market value trends of BTC and altcoins are roughly opposite, that is, when the market value of BTC rises, the market value of altcoins falls or fluctuates; when the market value of BTC falls or fluctuates, the market value of altcoins rises. This rule is the general direction.
If you don't get what I'm saying, let's take a look at this chart again, it should be clearer:
The BTC market value is the conspicuous yellow line, and the altcoin market value trend is the green and blue lines. Can you clearly see that the BTC yellow line and the altcoin green line are in opposite directions?
Now, the market value of BTC is generally rising, and the market value of altcoins is far lower than that of BTC. Therefore, if the volatility period of BTC is extended or reduced, the market value of altcoins will rise.
Happy trading !
#BTC #ETH #Write2Earn
This article will first analyze the current situation and potential possibilities of BTC and altcoins representing ETH, and then we will compare the impact of BTC and altcoin market value trends on the altcoin season.
BTC VS ETH Price Situation
$BTC
Looking at this current chart, BTC is undoubtedly still running in the lavender box. Since the market turmoil 4 days ago, the recovery is very slow. The fear and greed index of the market has fallen to 39, which has made the entire market lose momentum. We seem to be afraid of falling.
Judging from the current candles, a W double bottom may be formed and then go up. Due to the lack of momentum, I see two possibilities for the upward path:
First, the blue path-the price successfully breaks through the resistance price, about 108K
Second, the pink path-if this sprint is unsuccessful and falls back into the shock zone, then this shock may be extended, and there is a certain possibility of extending for 2 months, which may bring momentum to the altcoin. Why do you say that? Please continue reading.
$ETH
From the current chart, ETH and most altcoins have formed a downward sloping channel. The market is so tangled. Every analyst is waiting for the price to break through the resistance price, but the market lacks momentum and has no motivation to break out, so it always falls back into the channel.
ETH also has two possible paths:
First, the blue route - the price breaks through the resistance price upward, and the short-term target can be temporarily seen at $3,000;
Second, the pink route - if after 4 to 5 days, the price falls back into the shock zone, then the shock period will be extended for nearly 2 weeks, and the price may break out of the shock zone at the end of February.
BTC VS Altcoin Market Value Trend
Before talking about the market value of the two, let's take a look at the rough comparison chart I made:
I only selected the market value trends of BTC and altcoins from February 2020 to the present, and roughly marked some key points
First, from around February 20, 2020 to around June 14, 2021, the market value of BTC was declining, while the market value of altcoins was rising;
Second, from around May 14, 2021 to around June 3, 2023, the market value of BTC was fluctuating, while the altcoin formed a second rising wave, and then fell into fluctuations;
Third, from around June 3, 2023 to now, the market value of BTC has been slowly climbing, while the altcoin has gone out of the fluctuation and produced two rising waves
What does this mean?
The market value trends of BTC and altcoins are roughly opposite, that is, when the market value of BTC rises, the market value of altcoins falls or fluctuates; when the market value of BTC falls or fluctuates, the market value of altcoins rises. This rule is the general direction.
If you don't get what I'm saying, let's take a look at this chart again, it should be clearer:
The BTC market value is the conspicuous yellow line, and the altcoin market value trend is the green and blue lines. Can you clearly see that the BTC yellow line and the altcoin green line are in opposite directions?
Now, the market value of BTC is generally rising, and the market value of altcoins is far lower than that of BTC. Therefore, if the volatility period of BTC is extended or reduced, the market value of altcoins will rise.
Happy trading !
#BTC #ETH #Write2Earn
$BTC now at key moment, could break out soon. But remember btc current still in consolidation zone, this time could look at near 111K.
#BTC #Write2Earn
#BTC #Write2Earn
$ETH analysis updates
Today is the second day after the market crash. The market has rebounded and is currently in a downward-sloping wedge shape. After two consecutive days of fluctuations, it can be clearly felt that the market sentiment is cautious and buyers and sellers are having difficulty making decisions.
Taking ETH as an example, it will continue to fluctuate downward in a narrow space. It may become a turning point at the lowest level of around 2,600, or it may rise directly, with a high probability of upward. The temporary target is $3,000, which may take two days to complete.
#ETH #Write2Earn
Today is the second day after the market crash. The market has rebounded and is currently in a downward-sloping wedge shape. After two consecutive days of fluctuations, it can be clearly felt that the market sentiment is cautious and buyers and sellers are having difficulty making decisions.
Taking ETH as an example, it will continue to fluctuate downward in a narrow space. It may become a turning point at the lowest level of around 2,600, or it may rise directly, with a high probability of upward. The temporary target is $3,000, which may take two days to complete.
#ETH #Write2Earn
The crypto market plummeted across the board! Causes and consequences, BTC,ETH,SOL,XRP,ADA analysis
In the past 24 hours, the average decline of the entire crypto market was -12.12%. Some tokens even fell by more than -35%, and most tokens fell by -10% to -15%. This decline was unexpected.
Then let's analyze the reasons for the impact of the market environment, and then analyze the situation of some representative tokens at this moment, because the trend of some tokens may be changed as a result.
Global political and economic environment
From the perspective of the global political environment, on February 1, Trump signed an executive order to impose a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods.
On January 29, the Federal Reserve Board of the United States ended a two-day monetary policy meeting and announced that the federal funds rate would be maintained at 4.25%-4.5%. This is the first time since September last year that the interest rate cut cycle has been suspended, which is in line with public expectations.
The probability of the Federal Reserve maintaining the interest rate unchanged in March is 82%, and the probability of a 25 basis point interest rate cut is 18%. The probability of maintaining the current interest rate unchanged by May is 57%, the probability of a cumulative interest rate cut of 25 basis points is 37%, and the probability of a cumulative interest rate cut of 50 basis points is 5.4%. Wall Street has very different views on the direction of the Federal Reserve's monetary policy this year.
The entire market has also been manipulated to varying degrees. Currently, 15 states in the United States are also promoting BTC strategic reserves. The biggest goal of the current U.S. government and large conglomerates such as Blockrock and Microstrategy is to buy as much BTC as possible below the 100K price. The only way to do this is to create more shocks to shake out retail investors and individual investors who are afraid and have weak funds, so that they can buy BTC at a lower price.
The announcement of China's Deepseek has greatly disappointed American investors with the original American brands. Many people have sold their US technology stocks because when investing in the technology field, as long as you fall behind, you will lose.
These combined reasons have caused a major cleanup of the entire crypto market, and the US stock market has also been affected and has fallen sharply overall.
Let's take a look at the current situation of the representative token:
$BTC
BTC fell -5.55% in 24 hours, and the current price is 93732 US dollars. It is blocked by the daily 100EMA. Now is a critical moment. If BTC continues to fall below 83K, then the entire bull market will turn into a bear market. This is what no one wants to see.
$ETH
ETH has dropped 19.06% in the past 24 hours. The current price is $2,510. It has fallen to $2,118 at its lowest point, but the forgotten historical trend line has held it back. From the technical chart, it should have fallen through. If nothing unexpected happens, ETH should move upward from now on and will be entangled around $4,000.
Some people ask if there is still a cottage season. There are still February and March in the first quarter of 2025. It depends on the performance of these two months.
SOL
SOL has fallen by -6.81% in the past 24 hours. It has been very resilient in this catastrophe and has not fallen below the recent support red line. The current price is $195.38. If there are no surprises, it will rise as originally expected.
XRP
XRP fell sharply, -20.16%, and fell below the psychological price of 2 US dollars in the market, and then quickly recovered, and the price is now 2.32 US dollars. In theory, XRP should not fall further, and should start to recover upward.
ADA
ADA fell badly, -29.94%, and fell to around $0.5. If it fell further, it would have hurt its vitality. Fortunately, it stopped, which is considered to be the lowest standard in the textbook. If there are no unexpected market events, it should turn around and go up.
$SUI
SUI's decline was -24.62%. It started to fall after it fell to $2.45, and it was also saved by the old support line. This token has also fallen through, and it should move upward from now on.
$DOGE
DOGE fell 22.61% in 24 hours, it fell to around $0.2, and formed a new resistance and support line, temporarily changing its fate. From now on, it should start to rise, but it will temporarily walk in this downward sloping channel. The highest target nearby is temporarily seen around $0.39, so its active price range should be $0.2 to $0.39.
$BNB
BNB fell -15.78% in 24 hours, and the current price is 554.21 US dollars. In this turmoil, the BNB chart formed a new trend line, forming an upward sloping channel, which can be regarded as a temporary change of fortune. So it is predicted that BNB will temporarily move in the channel for a period of time in the future, and the activity price range may be between 500 US dollars and 850 US dollars.
Finally, a small safety suggestion: in the eventful market turmoil, do not use super leverage in short-term trading and set stop losses. It is the best policy to preserve your own financial strength, and then talk about profit.
Then let's analyze the reasons for the impact of the market environment, and then analyze the situation of some representative tokens at this moment, because the trend of some tokens may be changed as a result.
Global political and economic environment
From the perspective of the global political environment, on February 1, Trump signed an executive order to impose a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods.
On January 29, the Federal Reserve Board of the United States ended a two-day monetary policy meeting and announced that the federal funds rate would be maintained at 4.25%-4.5%. This is the first time since September last year that the interest rate cut cycle has been suspended, which is in line with public expectations.
The probability of the Federal Reserve maintaining the interest rate unchanged in March is 82%, and the probability of a 25 basis point interest rate cut is 18%. The probability of maintaining the current interest rate unchanged by May is 57%, the probability of a cumulative interest rate cut of 25 basis points is 37%, and the probability of a cumulative interest rate cut of 50 basis points is 5.4%. Wall Street has very different views on the direction of the Federal Reserve's monetary policy this year.
The entire market has also been manipulated to varying degrees. Currently, 15 states in the United States are also promoting BTC strategic reserves. The biggest goal of the current U.S. government and large conglomerates such as Blockrock and Microstrategy is to buy as much BTC as possible below the 100K price. The only way to do this is to create more shocks to shake out retail investors and individual investors who are afraid and have weak funds, so that they can buy BTC at a lower price.
The announcement of China's Deepseek has greatly disappointed American investors with the original American brands. Many people have sold their US technology stocks because when investing in the technology field, as long as you fall behind, you will lose.
These combined reasons have caused a major cleanup of the entire crypto market, and the US stock market has also been affected and has fallen sharply overall.
Let's take a look at the current situation of the representative token:
$BTC
BTC fell -5.55% in 24 hours, and the current price is 93732 US dollars. It is blocked by the daily 100EMA. Now is a critical moment. If BTC continues to fall below 83K, then the entire bull market will turn into a bear market. This is what no one wants to see.
$ETH
ETH has dropped 19.06% in the past 24 hours. The current price is $2,510. It has fallen to $2,118 at its lowest point, but the forgotten historical trend line has held it back. From the technical chart, it should have fallen through. If nothing unexpected happens, ETH should move upward from now on and will be entangled around $4,000.
Some people ask if there is still a cottage season. There are still February and March in the first quarter of 2025. It depends on the performance of these two months.
SOL
SOL has fallen by -6.81% in the past 24 hours. It has been very resilient in this catastrophe and has not fallen below the recent support red line. The current price is $195.38. If there are no surprises, it will rise as originally expected.
XRP
XRP fell sharply, -20.16%, and fell below the psychological price of 2 US dollars in the market, and then quickly recovered, and the price is now 2.32 US dollars. In theory, XRP should not fall further, and should start to recover upward.
ADA
ADA fell badly, -29.94%, and fell to around $0.5. If it fell further, it would have hurt its vitality. Fortunately, it stopped, which is considered to be the lowest standard in the textbook. If there are no unexpected market events, it should turn around and go up.
$SUI
SUI's decline was -24.62%. It started to fall after it fell to $2.45, and it was also saved by the old support line. This token has also fallen through, and it should move upward from now on.
$DOGE
DOGE fell 22.61% in 24 hours, it fell to around $0.2, and formed a new resistance and support line, temporarily changing its fate. From now on, it should start to rise, but it will temporarily walk in this downward sloping channel. The highest target nearby is temporarily seen around $0.39, so its active price range should be $0.2 to $0.39.
$BNB
BNB fell -15.78% in 24 hours, and the current price is 554.21 US dollars. In this turmoil, the BNB chart formed a new trend line, forming an upward sloping channel, which can be regarded as a temporary change of fortune. So it is predicted that BNB will temporarily move in the channel for a period of time in the future, and the activity price range may be between 500 US dollars and 850 US dollars.
Finally, a small safety suggestion: in the eventful market turmoil, do not use super leverage in short-term trading and set stop losses. It is the best policy to preserve your own financial strength, and then talk about profit.
Altcoin Season and its leading token ETH analysis updates
Q1 is the golden time for altcoins. ETH is the leader of these altcoins.
With a large number of altcoin ETF applications, increasing stablecoin supply on exchanges, altcoins already oversold, and altcoins prime time, expect the altcoin season to be in full swing in Q1.
check the pic1, from 2016 till now, Altcoin season average return is 82.11%.
$ETH analysis (chart see pic2)
Unfortunately, the ETH chart did not close as expected. However, I am still bullish for February. There is still plenty of time and space to rise, although some dips are expected on the way.
Currently ETH is 3135usd, it could drop near 2771usd, then make U turn.
I still believe $ETH will reach $4,000 and above in February.
If there is change in the market, I will post here.
#ETH #Write2Earn
Q1 is the golden time for altcoins. ETH is the leader of these altcoins.
With a large number of altcoin ETF applications, increasing stablecoin supply on exchanges, altcoins already oversold, and altcoins prime time, expect the altcoin season to be in full swing in Q1.
check the pic1, from 2016 till now, Altcoin season average return is 82.11%.
$ETH analysis (chart see pic2)
Unfortunately, the ETH chart did not close as expected. However, I am still bullish for February. There is still plenty of time and space to rise, although some dips are expected on the way.
Currently ETH is 3135usd, it could drop near 2771usd, then make U turn.
I still believe $ETH will reach $4,000 and above in February.
If there is change in the market, I will post here.
#ETH #Write2Earn
The buds of altcoins have appeared, and the Altcoin season is coming
At the end of last year, some people predicted that this bull market would be the world of altcoins, but during this period, the altcoin market has been up and down, without a significant surge. This is actually because this round of altcoin season is taking a long-term route, which is different from the last style. Impatient investors may feel suspicious and panic.
However, there is good news here. Today, the buds of the altcoin market have appeared. If a tree has buds, then how far is it from the blooming of all the flowers?
Let's take a look at the market trend chart of the entire altcoin:
From March to November last year, everyone who has followed and experienced the crypto market knows that it was a difficult period of more than 200 days, which both BTC and altcoins experienced. Please see the blue downward range marked in the figure.
Then around November 24 last year, the altcoin market began to recover, and leading tokens such as XRP, ADA, SUI, etc. appeared. Until Christmas last year, on December 24, the altcoin market began to decline again.
Just today, January 18, 2025, the altcoins as a whole broke out of the green resistance line and completed the backtest. I call it "the appearance of the bud". Then, it is obvious that there should be another round of gains after today.
Next, I will list some leading tokens. You will find that they have all taken a similar route to the entire altcoin market chart and have produced similar buds, such as:
$BNB
I mentioned in one of my analysis that BNB has been circling a horizontal line for more than 200 days last year.
Now let's look at the BNB chart. It has completely reached above that stubborn horizontal line.
Moreover, BNB now has a market share of 48% in global trading platforms, and Binance has nearly half of the global market share. So I am very optimistic about BNB as a platform token in the short term, and it will bloom in this alt season.
$SOL
SOL has also broken through the purple resistance line and will blossom with the rise of the entire altcoin.
On January 25, the decision on the approval of SOL's ETF will be made and announced, and this good news will make SOL bullish.
$ADA
ADA was a star in November last year, and then began to adjust downward on Christmas Day, December 24, and has just stepped out of the resistance line.
Is it the same as the altcoin market chart,right?
It will continue to rise, like a flower blooming.
$XRP
XRP is also a star token in 2024, and it is still this year. It has more momentum than ADA now. It can be seen in the figure that it broke through the resistance line earlier than other tokens. Its current price is 3.11, which is a small price adjustment, but it does not affect its future. Its future may not stop here.
$LINK
LINK is also an investment option for many people. It is currently following a similar path and has just broken through the resistance line. The current price is 23.78. Waiting for it to bloom.
$LTC
Litecoin has also broken through the resistance line, in line with the overall pace of altcoins, and the current price is 124.9
$SUI
Finally, let's take a look at SUI, which has a different trend from the altcoin market chart.
SUI has not stopped rising since August last year, all the way up to 4.668 at this moment. From 0.45 to the previous high of 5.36, a total increase of about 12X. It has extraordinary performance and momentum.
So, SUI is now moving in a blue upward range. It may first fall below the support line for price adjustment (we may look at 3.4), and then climb up again.
Of course, it is not ruled out that SUI has the power to break out of the range and continue to move upward, but I think the former route is more likely, and we should see some signs in the next two days.
Finally, I wish all the "flowers" will bloom brilliantly in this altercoin season.
#altcoins
However, there is good news here. Today, the buds of the altcoin market have appeared. If a tree has buds, then how far is it from the blooming of all the flowers?
Let's take a look at the market trend chart of the entire altcoin:
From March to November last year, everyone who has followed and experienced the crypto market knows that it was a difficult period of more than 200 days, which both BTC and altcoins experienced. Please see the blue downward range marked in the figure.
Then around November 24 last year, the altcoin market began to recover, and leading tokens such as XRP, ADA, SUI, etc. appeared. Until Christmas last year, on December 24, the altcoin market began to decline again.
Just today, January 18, 2025, the altcoins as a whole broke out of the green resistance line and completed the backtest. I call it "the appearance of the bud". Then, it is obvious that there should be another round of gains after today.
Next, I will list some leading tokens. You will find that they have all taken a similar route to the entire altcoin market chart and have produced similar buds, such as:
$BNB
I mentioned in one of my analysis that BNB has been circling a horizontal line for more than 200 days last year.
Now let's look at the BNB chart. It has completely reached above that stubborn horizontal line.
Moreover, BNB now has a market share of 48% in global trading platforms, and Binance has nearly half of the global market share. So I am very optimistic about BNB as a platform token in the short term, and it will bloom in this alt season.
$SOL
SOL has also broken through the purple resistance line and will blossom with the rise of the entire altcoin.
On January 25, the decision on the approval of SOL's ETF will be made and announced, and this good news will make SOL bullish.
$ADA
ADA was a star in November last year, and then began to adjust downward on Christmas Day, December 24, and has just stepped out of the resistance line.
Is it the same as the altcoin market chart,right?
It will continue to rise, like a flower blooming.
$XRP
XRP is also a star token in 2024, and it is still this year. It has more momentum than ADA now. It can be seen in the figure that it broke through the resistance line earlier than other tokens. Its current price is 3.11, which is a small price adjustment, but it does not affect its future. Its future may not stop here.
$LINK
LINK is also an investment option for many people. It is currently following a similar path and has just broken through the resistance line. The current price is 23.78. Waiting for it to bloom.
$LTC
Litecoin has also broken through the resistance line, in line with the overall pace of altcoins, and the current price is 124.9
$SUI
Finally, let's take a look at SUI, which has a different trend from the altcoin market chart.
SUI has not stopped rising since August last year, all the way up to 4.668 at this moment. From 0.45 to the previous high of 5.36, a total increase of about 12X. It has extraordinary performance and momentum.
So, SUI is now moving in a blue upward range. It may first fall below the support line for price adjustment (we may look at 3.4), and then climb up again.
Of course, it is not ruled out that SUI has the power to break out of the range and continue to move upward, but I think the former route is more likely, and we should see some signs in the next two days.
Finally, I wish all the "flowers" will bloom brilliantly in this altercoin season.
#altcoins
Will BTC receive a surprise from Santa Claus? - BTC analysis updates
I have been looking forward to Santa Claus 🎅 bringing us Christmas surprises, because from 2014 to 2023, the cryptocurrency market has seen "Santa Claus surprises" in 8 out of 10 years. Generally speaking, the average increase from December 27 to January 2 is 0.7% to 11.8%.
If we follow the pattern of 2016 and 2020 in the figure, BTC rose by about 20% during Christmas and New Year in 2016, and BTC rose by nearly 50% during Christmas and New Year in 2020.
The extent of Bitcoin's rebound during Christmas this year remains to be seen. The reason may be the price manipulation of large institutions, which I mentioned in my previous analysis, and it just happened to coincide with the information released by FOMC a few days ago, which led to the decline of the entire international financial market.
BTC ended its volatility last night, with an increase of about 4% so far, and the current price is 98112 US dollars. 105K to 108K US dollars will be its resistance range this time.
If BTC can successfully break through the resistance value, then the Christmas surprise is not far away, and it may reach the price range of 116K to 120K.
If the challenge of the 105K-108K range is rejected, BTC may fall again in the short term📉. This decline value is calculated based on historical data. If it falls by 20%, it may fall to around 86K.
Finally, Merry Christmas to everyone!
And Happy trading!
$BTC
#BTC☀️ #write2earn #merrychristmas2024
If we follow the pattern of 2016 and 2020 in the figure, BTC rose by about 20% during Christmas and New Year in 2016, and BTC rose by nearly 50% during Christmas and New Year in 2020.
The extent of Bitcoin's rebound during Christmas this year remains to be seen. The reason may be the price manipulation of large institutions, which I mentioned in my previous analysis, and it just happened to coincide with the information released by FOMC a few days ago, which led to the decline of the entire international financial market.
BTC ended its volatility last night, with an increase of about 4% so far, and the current price is 98112 US dollars. 105K to 108K US dollars will be its resistance range this time.
If BTC can successfully break through the resistance value, then the Christmas surprise is not far away, and it may reach the price range of 116K to 120K.
If the challenge of the 105K-108K range is rejected, BTC may fall again in the short term📉. This decline value is calculated based on historical data. If it falls by 20%, it may fall to around 86K.
Finally, Merry Christmas to everyone!
And Happy trading!
$BTC
#BTC☀️ #write2earn #merrychristmas2024
$BTC Analysis updates (Dec.19th)
Bitcoin fluctuated between 90K and 100K for a while, and finally reached a new high of around 108K on December 17. Now a red candle has pulled the price down again. The current price is 101,120 US dollars, and it has begun to retrace upward.
Short-term trade possibility
So BTC is currently facing two possibilities. If the price successfully stays away from 99,726 (see the blue line on the chart), it will challenge the previous high of 108K in the short term; if the price cannot escape the "claw" of 99,726, it may fall back to around 92,061 (see the orange line on the chart), and then retrace upward.
BTC Near future
In the near future, BTC may sprint to 145K. Some trading analysts hold different views from me and believe that BTC can reach a maximum of 120K during this period. No matter what BTC ends up like, we can only wait for time to reveal the answer.
By the way, some analysts also say that BTC has a promising future. They are talking about a longer-term prospect, which is very likely. However, before reaching this promising future, BTC will fall after the highest value of this round. This article also tells you that the highest value of this round may be around 145K, and you should also pay attention to 120K. So when BTC reaches this highest value, you should avoid taking long position.
However, its current volatility looks like being manipulated by a powerful consortium, in order to buy as much BTC as possible between 100K and 90K. Therefore, BTC's volatility around 100K will continue for some time. This statement is actually not suitable for public disclosure, but we can regard this volatility as an opportunity. When BTC falls back to between 90K and 100K, we can consider entry.
If you are a long term investor of BTC, the waves mentioned above, you should not too worried about it, keep focus on your long time goal.
#BTC☀ #Write2Earn!
Bitcoin fluctuated between 90K and 100K for a while, and finally reached a new high of around 108K on December 17. Now a red candle has pulled the price down again. The current price is 101,120 US dollars, and it has begun to retrace upward.
Short-term trade possibility
So BTC is currently facing two possibilities. If the price successfully stays away from 99,726 (see the blue line on the chart), it will challenge the previous high of 108K in the short term; if the price cannot escape the "claw" of 99,726, it may fall back to around 92,061 (see the orange line on the chart), and then retrace upward.
BTC Near future
In the near future, BTC may sprint to 145K. Some trading analysts hold different views from me and believe that BTC can reach a maximum of 120K during this period. No matter what BTC ends up like, we can only wait for time to reveal the answer.
By the way, some analysts also say that BTC has a promising future. They are talking about a longer-term prospect, which is very likely. However, before reaching this promising future, BTC will fall after the highest value of this round. This article also tells you that the highest value of this round may be around 145K, and you should also pay attention to 120K. So when BTC reaches this highest value, you should avoid taking long position.
However, its current volatility looks like being manipulated by a powerful consortium, in order to buy as much BTC as possible between 100K and 90K. Therefore, BTC's volatility around 100K will continue for some time. This statement is actually not suitable for public disclosure, but we can regard this volatility as an opportunity. When BTC falls back to between 90K and 100K, we can consider entry.
If you are a long term investor of BTC, the waves mentioned above, you should not too worried about it, keep focus on your long time goal.
#BTC☀ #Write2Earn!
#BTC100K! 🥂🥂🥂
Guys,celebrate our moment! $BTC 100K! milestone! remember today Dec. 5th 2024.
cheers 🥂
Looking forward for the future🚀🚀🚀
#Write2Earn!
Guys,celebrate our moment! $BTC 100K! milestone! remember today Dec. 5th 2024.
cheers 🥂
Looking forward for the future🚀🚀🚀
#Write2Earn!
$DOGE Analysis Updates
DOGE achieved impressive results in November, with a 30-day increase of 174.4%. This can be said to be very impressive.
However, it has been fluctuating since November 12, almost 20 days.
So let's take a look at the market situation of DOGE today and talk about its future possibilities.
The current DOGE market price is 0.41733. There is a strong support price below it, about 0.39682.
🐃Positive aspects
As long as the price of DOGE is above 0.39682, it has a strong possibility of rising. Even if it is currently fluctuating, we are not afraid, just wait patiently.
The current price of DOGE is optimistic above 0.39682.
DOGE is currently facing a strong resistance price of around 0.48, which is purely a psychological resistance price.
DOGE is currently in a shock buffer and may be preparing for the next round of sprint to the 0.48 price. If DOGE can successfully cross 0.48 and the backtest is successful. Then DOGE will have no obstacles ahead and may reach $0.74.
Similarly, 0.74 will also be the next challenge. If it can cross 0.74, then we can look at $0.94 and $1.17.
Because right now we are in bull market, I personally think it have strong possibility.
🐻 Negative aspects
Here, I want to say that there is also a strong support price below 0.39682, which is around 0.35570. If the DOGE price hovers between these two strong support prices, it indicates that the oscillation time will be longer, which also increases the variables.
If the price falls out of 0.35570, the situation will not be optimistic for the time being.
It is recommended that you mark the strong support price of 0.39682 and the strong resistance price of 0.48. The reason why these two prices are strong is that they will also be the key prices of DOGE in the future.
#doge⚡ #Write2Earn!
DOGE achieved impressive results in November, with a 30-day increase of 174.4%. This can be said to be very impressive.
However, it has been fluctuating since November 12, almost 20 days.
So let's take a look at the market situation of DOGE today and talk about its future possibilities.
The current DOGE market price is 0.41733. There is a strong support price below it, about 0.39682.
🐃Positive aspects
As long as the price of DOGE is above 0.39682, it has a strong possibility of rising. Even if it is currently fluctuating, we are not afraid, just wait patiently.
The current price of DOGE is optimistic above 0.39682.
DOGE is currently facing a strong resistance price of around 0.48, which is purely a psychological resistance price.
DOGE is currently in a shock buffer and may be preparing for the next round of sprint to the 0.48 price. If DOGE can successfully cross 0.48 and the backtest is successful. Then DOGE will have no obstacles ahead and may reach $0.74.
Similarly, 0.74 will also be the next challenge. If it can cross 0.74, then we can look at $0.94 and $1.17.
Because right now we are in bull market, I personally think it have strong possibility.
🐻 Negative aspects
Here, I want to say that there is also a strong support price below 0.39682, which is around 0.35570. If the DOGE price hovers between these two strong support prices, it indicates that the oscillation time will be longer, which also increases the variables.
If the price falls out of 0.35570, the situation will not be optimistic for the time being.
It is recommended that you mark the strong support price of 0.39682 and the strong resistance price of 0.48. The reason why these two prices are strong is that they will also be the key prices of DOGE in the future.
#doge⚡ #Write2Earn!
$XRP Analysis Updates
XRP's market value surpassed SOL and then USDT this morning, and now ranks in the top three in market value.
It has to be said that after several years of precipitation, XRP is now "breaking through the ground and rising steadily" in this round of bull market
It started to exert its strength on November 1, and it took only one month to rise from 0.492 to the current 2.443, with an increase of 375.42% in one month.
Now it is the second day of December, and it has surpassed the previous high of 1.9827 US dollars, which can be said to have a bright future.
So at this time, XRP has encountered a small threshold of 2.4425. It may fluctuate for a while, but for its current momentum, it should be easy to cross.
There is a strong support price of about 2.2746 below it, which is also reassuring. Without a big impact, this price will temporarily support the bottom.
So let's talk about the prospects. The possibility I can see is that XRP may rise to the range of 3 US dollars to 3.3 US dollars, and then fluctuate again.
If it can keep full steam, then after successfully crossing the hurdle of $3, it will likely rush to around $4.
At this stage, investors should pay attention to its trend.
#XRPGoal #Write2Earn!
XRP's market value surpassed SOL and then USDT this morning, and now ranks in the top three in market value.
It has to be said that after several years of precipitation, XRP is now "breaking through the ground and rising steadily" in this round of bull market
It started to exert its strength on November 1, and it took only one month to rise from 0.492 to the current 2.443, with an increase of 375.42% in one month.
Now it is the second day of December, and it has surpassed the previous high of 1.9827 US dollars, which can be said to have a bright future.
So at this time, XRP has encountered a small threshold of 2.4425. It may fluctuate for a while, but for its current momentum, it should be easy to cross.
There is a strong support price of about 2.2746 below it, which is also reassuring. Without a big impact, this price will temporarily support the bottom.
So let's talk about the prospects. The possibility I can see is that XRP may rise to the range of 3 US dollars to 3.3 US dollars, and then fluctuate again.
If it can keep full steam, then after successfully crossing the hurdle of $3, it will likely rush to around $4.
At this stage, investors should pay attention to its trend.
#XRPGoal #Write2Earn!
$BTC analysis quick update
BTC had momentum last night, challenging the previous peak of 99588, but was rejected above the trend line.
Because it failed to hold the purple trend line above (see figure), it may fall to 92K-93K.
It may not give up and continue to to challenge the old high.
#BTC☀ #Write2Earn! #MarketInTheGreen
BTC had momentum last night, challenging the previous peak of 99588, but was rejected above the trend line.
Because it failed to hold the purple trend line above (see figure), it may fall to 92K-93K.
It may not give up and continue to to challenge the old high.
#BTC☀ #Write2Earn! #MarketInTheGreen
$ETH Analysis Updates
I woke up this morning and took a look at ETH, and found that ETH has run out of the resistance line of the "confinement" range and has completed the test.
Generally speaking, this officially "announces" that ETH has started a bull run.
If the momentum of this round of bull market is sufficient, then we expect ETH to reach 4609, and then the first-level goal will be easy to achieve;
Then the second-level goal, I think it is around 4869;
The third extreme goal may be around 7383, but this depends on how the first and second goals are achieved, and whether the momentum is sustained or increased.
As long as ETH upgrades smoothly, the price around 3553 will become its strong support price for a period of time, that is, it will not easily fall out of 3553 for a period of time.
Happy trading everyone.
#ETH🔥🔥🔥🔥 #Write2Earn! #BullRunAhead
I woke up this morning and took a look at ETH, and found that ETH has run out of the resistance line of the "confinement" range and has completed the test.
Generally speaking, this officially "announces" that ETH has started a bull run.
If the momentum of this round of bull market is sufficient, then we expect ETH to reach 4609, and then the first-level goal will be easy to achieve;
Then the second-level goal, I think it is around 4869;
The third extreme goal may be around 7383, but this depends on how the first and second goals are achieved, and whether the momentum is sustained or increased.
As long as ETH upgrades smoothly, the price around 3553 will become its strong support price for a period of time, that is, it will not easily fall out of 3553 for a period of time.
Happy trading everyone.
#ETH🔥🔥🔥🔥 #Write2Earn! #BullRunAhead
BTC, SOL, XRP, ADA, ENA and SUI Analysis Update 22nd Nov.
Now is the most joyful time of the bull market, and almost any investment in tokens is sprinting upward with the overall upward trend.
In such a good environment, I want to look at a few more tokens in today's article.
#BTC☀
BTC is really happy to explore the new "world" that has opened up, running towards 100K with all its strength. So what happens after 100K? (This is the reason why I have been busy analyzing these days and have not updated.)
It is very brain-burning that the conclusions drawn from different analysis methods are different.
But it is relatively certain that the hurdle that BTC is facing now is the price range between 97700 and 104000. If it can overcome this range, then it still has room to rise. You can mark this range on your chart.
$SOL
Except that BTC is in the middle of the 5th wave, SOL is following a similar route. Its current price is $261.88, and its next barrier will be around $313.32. If SOL can break through this barrier, then it still has room to rise.
$XRP
XRP has gained more than 26% in the past 24 hours, which is absolutely amazing. If you have read my asset analysis of XRP on November 5, you may have gotten the best price, around $0.4 to $0.5, and have already started to make sweet profits. XRP will not have a chance to return to this price for a long time.
It will currently be frustrated in the range of 1.4633 and 1.3937, and then regroup, that is, oscillate for a while. If you like XRP as an asset, you should draw this range on your chart.
If XRP can overcome this range barrier, it will have the potential to upgrade to around $1.72.
$ADA
Has anyone read my asset analysis on ADA published on September 2? If you have read it and taken action, you should get the price that 90% of people dream of getting, which is around 0.33 to 0.35. At this point, you should have doubled your profit (2X).
Then let's take a look at the current situation of ADA. The current price of ADA is 0.8855 US dollars. It just retreated last night and is now running upward. Its next barrier is around 1.2 US dollars.
ENA
If you have read my asset analysis on September 26, you should have received a very good price, about 0.36 to 0.4 USD, and now it has increased by 50%. However, it is not the smoothest, and it is very challenging for patience and endurance.
Currently, it has retraced the upper resistance line in the parallel channel in the figure, which is very beautiful. It will move to the next level, which is around 0.7729.
SUI
SUI is a token that I have always been optimistic about. It has made a lot of money for me in 2022, 2023 and 2024. It can be invested and traded in the short term. It is a very good token. Its overall project has potential. I will always be optimistic about it.
SUI ran very well in 2024 and has now exceeded my expectations. Based on the current data, the data is always changing, and the analysis results will also be adjusted. It has also encountered the current barrier range, which is about 3.94 to 4.1 US dollars. If it can successfully cross this barrier, it still has room to rise.
However, it does need to retrace, otherwise it will not have the motivation to go further.
Enjoy the bull market will reach new highs every day, and also wish us to make huge profits in the bull market.
Happy Trading!
#solonapumping #XRPGoal #ADABullish #Write2Earn!
In such a good environment, I want to look at a few more tokens in today's article.
#BTC☀
BTC is really happy to explore the new "world" that has opened up, running towards 100K with all its strength. So what happens after 100K? (This is the reason why I have been busy analyzing these days and have not updated.)
It is very brain-burning that the conclusions drawn from different analysis methods are different.
But it is relatively certain that the hurdle that BTC is facing now is the price range between 97700 and 104000. If it can overcome this range, then it still has room to rise. You can mark this range on your chart.
$SOL
Except that BTC is in the middle of the 5th wave, SOL is following a similar route. Its current price is $261.88, and its next barrier will be around $313.32. If SOL can break through this barrier, then it still has room to rise.
$XRP
XRP has gained more than 26% in the past 24 hours, which is absolutely amazing. If you have read my asset analysis of XRP on November 5, you may have gotten the best price, around $0.4 to $0.5, and have already started to make sweet profits. XRP will not have a chance to return to this price for a long time.
It will currently be frustrated in the range of 1.4633 and 1.3937, and then regroup, that is, oscillate for a while. If you like XRP as an asset, you should draw this range on your chart.
If XRP can overcome this range barrier, it will have the potential to upgrade to around $1.72.
$ADA
Has anyone read my asset analysis on ADA published on September 2? If you have read it and taken action, you should get the price that 90% of people dream of getting, which is around 0.33 to 0.35. At this point, you should have doubled your profit (2X).
Then let's take a look at the current situation of ADA. The current price of ADA is 0.8855 US dollars. It just retreated last night and is now running upward. Its next barrier is around 1.2 US dollars.
ENA
If you have read my asset analysis on September 26, you should have received a very good price, about 0.36 to 0.4 USD, and now it has increased by 50%. However, it is not the smoothest, and it is very challenging for patience and endurance.
Currently, it has retraced the upper resistance line in the parallel channel in the figure, which is very beautiful. It will move to the next level, which is around 0.7729.
SUI
SUI is a token that I have always been optimistic about. It has made a lot of money for me in 2022, 2023 and 2024. It can be invested and traded in the short term. It is a very good token. Its overall project has potential. I will always be optimistic about it.
SUI ran very well in 2024 and has now exceeded my expectations. Based on the current data, the data is always changing, and the analysis results will also be adjusted. It has also encountered the current barrier range, which is about 3.94 to 4.1 US dollars. If it can successfully cross this barrier, it still has room to rise.
However, it does need to retrace, otherwise it will not have the motivation to go further.
Enjoy the bull market will reach new highs every day, and also wish us to make huge profits in the bull market.
Happy Trading!
#solonapumping #XRPGoal #ADABullish #Write2Earn!
$SUI Analyis Updates
SUI is lucky guy, and all the luck is its own strong foundation. Excellent operation and the bull market caused by the US election have helped it to upgrade to a higher level, that is, it will no longer touch below $2.37. It can now move forward boldly.
SUI's prospects
A week ago, it broke through the 2.37 price line, and the candle that broke out was powerful.
Its current price is 3.3947, and the nearest high is 3.5313, which has increased by 46.79% in 7 days, which is very powerful for SUI.
SUI should be able to exceed $4 by the end of 2024. Even if it encounters a deep retracement, it will be supported at around 2.5, and it may not happen for this period. Anyway, this may be a better prospect for SUI. It will run from a higher starting point next year.
SUI's short-term trading
SUI may reach $3.66 short period time. It is currently running in an upward parallel channel. Because of the strong momentum of the bull market, it will not fall below the price near 3.1531 even if it falls back.
I marked two possible routes, blue and pink, as well as important price, see pic below.
In the blue route - SUI directly reaches around 3.66 US dollars and may exceed the parallel trend line;
In the pink route - SUI goes down to the lower parallel line, touches around 3.1531 and then rises. On the way back, it may encounter "rocks" around 3.3733, then drop to around 3.219 US dollars, and then rise to around 3.66. It may encounter 3.4587 as a small challenge on the way.
But no matter what, I believe in the extraordinary performance of SUI.
Enjoy Bull run everyone.
#SUI🔥 #NextMarketMoves #Write2Earn!
SUI is lucky guy, and all the luck is its own strong foundation. Excellent operation and the bull market caused by the US election have helped it to upgrade to a higher level, that is, it will no longer touch below $2.37. It can now move forward boldly.
SUI's prospects
A week ago, it broke through the 2.37 price line, and the candle that broke out was powerful.
Its current price is 3.3947, and the nearest high is 3.5313, which has increased by 46.79% in 7 days, which is very powerful for SUI.
SUI should be able to exceed $4 by the end of 2024. Even if it encounters a deep retracement, it will be supported at around 2.5, and it may not happen for this period. Anyway, this may be a better prospect for SUI. It will run from a higher starting point next year.
SUI's short-term trading
SUI may reach $3.66 short period time. It is currently running in an upward parallel channel. Because of the strong momentum of the bull market, it will not fall below the price near 3.1531 even if it falls back.
I marked two possible routes, blue and pink, as well as important price, see pic below.
In the blue route - SUI directly reaches around 3.66 US dollars and may exceed the parallel trend line;
In the pink route - SUI goes down to the lower parallel line, touches around 3.1531 and then rises. On the way back, it may encounter "rocks" around 3.3733, then drop to around 3.219 US dollars, and then rise to around 3.66. It may encounter 3.4587 as a small challenge on the way.
But no matter what, I believe in the extraordinary performance of SUI.
Enjoy Bull run everyone.
#SUI🔥 #NextMarketMoves #Write2Earn!
The bull run has been going on for a week, where will BTC go?
Just one day before the results of the US presidential election, the crypto market bull run started.
$BTC has been running recklessly for nearly 5 days, and the current price is $78,844. Everyone feels optimistic now, and at this time, they can't help but sigh at the shock of the bull run.
So what now? BTC has reached its goal and surpassed 75K, where will it go?
$BTC where will it go?
Since the low point in 2022 till now, we have only experienced 4 waves of fluctuations, which means that we will experience a 5th wave of fluctuations before the larger bull cycle ends.
From the chart, we are currently in the last round of the 5th wave of the nearly 7-year upward trend. Still see the possibility of another 50% - 90% increase in the next few months.
See the chart 1, BTC is halfway to the 5th wave, and no one dares to say that the peak point. It can only be speculated based on history, probably at a price point between 85K-100K.
As a reminder, the price will never rise in a straight line, and it may take 1 to 2 more sharp rises to push the full 5 waves.
So what will happen after reaching the highest point of the last wave of this round? It will definitely be a downward correction. The percentage probability of the decline is hard to say at this time. We need to wait until BTC reaches the top before estimating it.
Another important point is that the situation of BTC will lead the overall cryptocurrency to a positive upward state.
$BTC short term trading
BTC is currently entering an upward parallel channel, and the price has reached the top of the primary channel at 79788.
In the short term, it has a 50% chance of falling and then reaching 73764 (I marked it with a red line), and then rising again. This process may take 5-10 days to complete, which may be the theme direction of next week.
73764 is also a difficulty that BTC encountered in March 2024. Now it has become a strong support line to defend the price.
Of course, there is also a 50% chance that the market will not comply with the parallel channel at all and rise directly. In this regard, we must keep an open mind.
The above is the medium-term and short-term situation of BTC.
I hope my analysis will help your own trading analysis.
Happy Trading!
Hope the bull market will reach new highs every day. See you next time.
#BTC☀ #BTC79K #BullRunAhead #Write2Earn!
$BTC has been running recklessly for nearly 5 days, and the current price is $78,844. Everyone feels optimistic now, and at this time, they can't help but sigh at the shock of the bull run.
So what now? BTC has reached its goal and surpassed 75K, where will it go?
$BTC where will it go?
Since the low point in 2022 till now, we have only experienced 4 waves of fluctuations, which means that we will experience a 5th wave of fluctuations before the larger bull cycle ends.
From the chart, we are currently in the last round of the 5th wave of the nearly 7-year upward trend. Still see the possibility of another 50% - 90% increase in the next few months.
See the chart 1, BTC is halfway to the 5th wave, and no one dares to say that the peak point. It can only be speculated based on history, probably at a price point between 85K-100K.
As a reminder, the price will never rise in a straight line, and it may take 1 to 2 more sharp rises to push the full 5 waves.
So what will happen after reaching the highest point of the last wave of this round? It will definitely be a downward correction. The percentage probability of the decline is hard to say at this time. We need to wait until BTC reaches the top before estimating it.
Another important point is that the situation of BTC will lead the overall cryptocurrency to a positive upward state.
$BTC short term trading
BTC is currently entering an upward parallel channel, and the price has reached the top of the primary channel at 79788.
In the short term, it has a 50% chance of falling and then reaching 73764 (I marked it with a red line), and then rising again. This process may take 5-10 days to complete, which may be the theme direction of next week.
73764 is also a difficulty that BTC encountered in March 2024. Now it has become a strong support line to defend the price.
Of course, there is also a 50% chance that the market will not comply with the parallel channel at all and rise directly. In this regard, we must keep an open mind.
The above is the medium-term and short-term situation of BTC.
I hope my analysis will help your own trading analysis.
Happy Trading!
Hope the bull market will reach new highs every day. See you next time.
#BTC☀ #BTC79K #BullRunAhead #Write2Earn!
$XRP Analysis Updates (Long term and short term trading)
XRP have been running in the range (0.2994 to 0.7505) from July 13, 2022 till now. The highest price was 0.9647 on July 10, 2023, and then fell back to the range in an instant (see pic 1).
This is a long time for investors to wait, and it is neither good nor bad for traders. It is bad for traders because the small fluctuations mean no big profits; it is good for traders because it follows a pattern in two years, and it is easy to find a kind pattern to trade.
In any case, this article analyzes the history of XRP and then gives my personal speculation on XRP.
First, let's look at the medium- and long-term situation of XRP (see pic 2):
The current price of XRP is 0.5050.
The overall trend of XRP in the future could be an upward trend. It is conservatively estimated that the price of XRP may achieve a 4X increase, and it is very likely to exceed 2 US dollars.
This marathon process may take 26 weeks, which is about half a year.
The current movement trajectory of XRP is to retrace the trend line downward, and then completely reverse the trend after meeting this key price, and change to an upward trend.
The key price is in the range of about 0.4504 and 0.4264.
If you trade XRP frequently, you should mark this price and observe it more.
Finally, take a look at the short-term trading (see Figure 3, 1-h chart).
Currently, XRP is in a downward range. The price trajectory it may follow is marked with pink and blue routes respectively:
If it chooses the pink route: it will go to around 0.4914 and then rise to around 0.5104
If it chooses the blue route: it will rise from the current 0.5050 to around 0.5104, and then turn down.
The 3rd possibility that the price falls out of the range and arrives at the retracement point I just mentioned, around 0.45.
Then 0.5104 is a relatively stubborn resistance price in the current range. You can draw it to assist your trading.
I hope my analysis is helpful to your own analysis.
Happy trading 🙌
#Xrp🔥🔥 #XRPGoal #Write2Earn!
XRP have been running in the range (0.2994 to 0.7505) from July 13, 2022 till now. The highest price was 0.9647 on July 10, 2023, and then fell back to the range in an instant (see pic 1).
This is a long time for investors to wait, and it is neither good nor bad for traders. It is bad for traders because the small fluctuations mean no big profits; it is good for traders because it follows a pattern in two years, and it is easy to find a kind pattern to trade.
In any case, this article analyzes the history of XRP and then gives my personal speculation on XRP.
First, let's look at the medium- and long-term situation of XRP (see pic 2):
The current price of XRP is 0.5050.
The overall trend of XRP in the future could be an upward trend. It is conservatively estimated that the price of XRP may achieve a 4X increase, and it is very likely to exceed 2 US dollars.
This marathon process may take 26 weeks, which is about half a year.
The current movement trajectory of XRP is to retrace the trend line downward, and then completely reverse the trend after meeting this key price, and change to an upward trend.
The key price is in the range of about 0.4504 and 0.4264.
If you trade XRP frequently, you should mark this price and observe it more.
Finally, take a look at the short-term trading (see Figure 3, 1-h chart).
Currently, XRP is in a downward range. The price trajectory it may follow is marked with pink and blue routes respectively:
If it chooses the pink route: it will go to around 0.4914 and then rise to around 0.5104
If it chooses the blue route: it will rise from the current 0.5050 to around 0.5104, and then turn down.
The 3rd possibility that the price falls out of the range and arrives at the retracement point I just mentioned, around 0.45.
Then 0.5104 is a relatively stubborn resistance price in the current range. You can draw it to assist your trading.
I hope my analysis is helpful to your own analysis.
Happy trading 🙌
#Xrp🔥🔥 #XRPGoal #Write2Earn!
$ENA Analysis Updates
ENA is still on the bullish path, it has a long way to go, and it is not in a hurry. After observing it for a long time, it seems that it can rise 100% in each wave, and then fall 78%, which feels a bit like a roller coaster 🎢.
But don't forget that its overall price is increasing in a step-by-step manner.
Let's take a look at its data and find out some possible movement trajectories.
At present, ENA has entered the rising parallel line interval, please see the picture. At the same time, ENA currently respects the support price of 0.3222, which means that no matter how heavy the rain is in the near future, ENA will hold at 0.3222.
If you often trade ENA, this price can be marked, which will be very effective recently.
Then on the chart, I marked the pink route and the blue route. This is ENA in the parallel interval, which I personally think is the most likely route.
When I was analyzing, the current price was 0.3732.
Pink route: From the current price of 0.3732, it rises to around 0.5326, and then falls to around 0.3754;
Blue route: From the current price of 0.3732, it first falls to around 0.3222, then rises back to around 0.5326, and then falls or rises.
No matter ENA choose which route,which is not completed immediately, and it may take about 15 days to achieve. Haha, yes. This is a preliminary estimate. In trading, patience can bring profits.
I hope my analysis is helpful for your trading analysis.
Happy trading
#ENAUSDT🚨 #enatradeup #Write2Earn!
ENA is still on the bullish path, it has a long way to go, and it is not in a hurry. After observing it for a long time, it seems that it can rise 100% in each wave, and then fall 78%, which feels a bit like a roller coaster 🎢.
But don't forget that its overall price is increasing in a step-by-step manner.
Let's take a look at its data and find out some possible movement trajectories.
At present, ENA has entered the rising parallel line interval, please see the picture. At the same time, ENA currently respects the support price of 0.3222, which means that no matter how heavy the rain is in the near future, ENA will hold at 0.3222.
If you often trade ENA, this price can be marked, which will be very effective recently.
Then on the chart, I marked the pink route and the blue route. This is ENA in the parallel interval, which I personally think is the most likely route.
When I was analyzing, the current price was 0.3732.
Pink route: From the current price of 0.3732, it rises to around 0.5326, and then falls to around 0.3754;
Blue route: From the current price of 0.3732, it first falls to around 0.3222, then rises back to around 0.5326, and then falls or rises.
No matter ENA choose which route,which is not completed immediately, and it may take about 15 days to achieve. Haha, yes. This is a preliminary estimate. In trading, patience can bring profits.
I hope my analysis is helpful for your trading analysis.
Happy trading
#ENAUSDT🚨 #enatradeup #Write2Earn!
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα