ใฝ๏ธ Ripple and its upcoming fate under Bitcoin's microscope: Rise or sharp drop?! | Thursday analysis, May 22, 2025 ใฝ๏ธ
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โ ๏ธ Golden resilience recommendations in the face of market storm โ ๏ธ
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โ Today, Thursday, May 22, 2025... all eyes are on Bitcoin's peak, which has touched the weekly target at around $112,000. Will it continue to rise? Or is the market preparing for a strong corrective rebound that shakes the rest of the currencies?
โ XRP stands at a sensitive crossroads:
No decisive rise... nor confirmed drop!
A confusing wave disrupts calculations and rattles everyone's nerves, so be cunning like the whales, not hasty like small traders.
ใฝ๏ธ Today's wisdom from the golden resilience strategy:
"Don't follow the herd; watch the behavior of the leaders... for the market does not forgive the hesitant nor reward the reckless!"
โ ๏ธ A golden piece of advice for beginners before the weekly close:
XRP is in a very sensitive position,
If Bitcoin rebounds downwards as some patterns indicate,
Ripple might plummet strongly to dangerous lows!
If Bitcoin holds and breaks its peak, it might push Ripple towards a sudden rise!
โค If you are an aggressive trader, trade cautiously...
โค And if you are a beginner, caution is better than reckless ambition.
โฆ Financial maestro points for you today:
โ๏ธ Do not enter a trade you do not understand
โ๏ธ Do not chase false candles... wait for confirmation
โ๏ธ Do not trade against the weekly candle!
โ๏ธ Watch the close... it determines the major direction
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Potential technical targets for the two currencies:
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XRP | Current price: $2.425
โ๏ธ Potential upward trend:
โข First resistance: $2,500
โข Second resistance: $2,640 (Potential technical target after a clear breakout)
โข Third resistance: $2,820
โ๏ธ Potential downward trend:
โข First support: $2,300
โข Second support: $2,180
โข Critical third support: $2,020
Bitcoin | Current price: approximately $111,000
โ๏ธ Potential upward trend:
โข First resistance: $112,800
โข Second resistance: $114,500
โข Potential historical technical peak: $118,000 (in case of a strong breakout and weekly close above $112k)
โ๏ธ Potential downward trend:
โข First support: $108,300
โข Second support: $106,000
โข Third support: $101,800 (Golden Fibonacci correction)
ใฝ๏ธ When will the true direction become clear?
โค When the weekly candle closes on Sunday evening
โค Or by breaking one of the critical levels mentioned above with large trading volumes
