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RebeccaT-Rx
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If this turns out to be true, it would be amazing! 😍
What are your thoughts on
XRP
hitting $589? 🚀🚀
$XRP
#Write2Earn
#Xrp🔥🔥
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RebeccaT-Rx
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The Truth About Altcoin Season No One Wants to Tell You Let’s cut through the noise. Everyone's buzzing about the so-called "upcoming" altcoin season—pointing to September 2025 as the big moment. Major platforms like Coinbase and CoinMarketCap are fueling this narrative, predicting extended rallies and massive gains. But here’s the reality no one’s telling you: 👉 Altcoin season has already begun. And I’m not just throwing this out there—this conclusion is backed by actual data. So what defines an altcoin season? Simple: it's when altcoins consistently outperform Bitcoin. Take a look at recent performance: Between April 9 and May 22, Bitcoin gained about 50%, but Ethereum jumped nearly 90%. Earlier, BTC moved up 10%, while ETH soared 40%. This kind of performance gap didn’t exist before April. Meaning? Alt season has been underway—quietly—for months. Still not convinced? Let’s talk indicators. The Bitcoin Rainbow Chart—a historically accurate tool—adds more weight: In both the 2017–2018 and 2021–2022 altcoin seasons, BTC was trading far above the rainbow zone. Today, it’s still in the accumulation band—not even close to a peak. That’s a strong sign that altcoins are already running ahead while Bitcoin lags in a quieter phase. So what’s really going on? The hype around a “future” altcoin season? It’s part of a FOMO trap, likely set by big players to bait retail investors and shake out smaller traders. Final Thoughts Don’t wait for someone to ring a bell. The data shows that alt season is here, not coming. Make your moves wisely—don’t fall for the hype. Got questions? Drop them in the comments—I’ll be responding. #altcoins #Altseason #AltSeasonAlreadyHere #CryptoReality #BitcoinVsAltcoins
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XRP/USDT is trading around $3.12, encountering resistance in the $3.15–$3.20 zone. This comes after a recent peak at $3.32 on August 12, with the all-time high (ATH) still at $3.84. The $3.10–$3.12 range is currently acting as support and has been holding well. Fibonacci levels weren’t explicitly outlined in available sources, but key psychological retracement zones are estimated between $2.90–$3.00, which roughly aligns with the 0.382–0.5 Fibonacci range. If XRP stays above $3.12, the upward trend may continue. However, a drop below this could trigger a pullback toward the $2.90–$3.00 area. RSI is sitting around 50–51, suggesting a neutral momentum—neither in overbought or oversold territory. Potential Entry Points: Conservative Entry: Around $3.10–$3.12, near current support. Aggressive Entry: On a deeper pullback into the $2.90–$3.00 zone. Take-Profit Targets: TP1: $3.20–$3.25 — a breakout from immediate resistance may lead here. TP2: $3.50–$4.00 — targets based on broader bullish continuation if momentum strengthens. Stop-Loss Options: Conservative SL: Just below support, around $3.08–$3.10. Tighter SL: Below the recent swing low, near $3.05.
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Bitcoin’s Daily Chart Signals Potential Downside A rising wedge is forming on Bitcoin’s daily chart—a classic technical setup that often precedes a bearish breakout. This pattern, marked by upward-sloping converging trendlines, indicates that bullish momentum is weakening. Analysts point out that these formations frequently break downward, especially when paired with declining volume and overbought indicators. --- 📊 Key Levels to Watch Breakdown Zone: Around $116,100 Stop-Loss (SL): Near $125,700 First Target: Roughly $107,600, where horizontal support is strong Second Target: About $101,300 If the pattern plays out, these levels could mark the path of a short-term correction. --- 📉 Sentiment Check: Extreme Greed The market is currently in an “extreme greed” phase, which has historically aligned with local tops and reversals. Combined with a structural breakdown and an unfilled CME gap, the setup increases the probability of a downside move. --- ⚠️ Trade Caution With a risk/reward ratio around 1:1.5, this trade setup may not appeal to all investors. It may be wise to wait for confirmation before taking any position, especially given the bearish technical signals. > Remember: While technical analysis offers useful guidance, it’s not always accurate. Always assess your own risk tolerance and do your due diligence before investing. #BTC #Bitcoin
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