XRP is hovering just below $3.40 resistance. The recent pullback from the August 8 swing high was a clean three-wave move, landing at $3.11 (38.2% retracement). ✅
Clear $25.12 → run toward $31, then possibly $47 without deep retrace.
Pullback Opportunity:
If price stalls below $25.12, short-term 3-wave correction possible before next leg higher.
💡 Market Takeaway: LINK is showing sustained breakout behavior. As long as $20.90 holds, trend remains bullish. $31 is the next checkpoint — clearing it opens a path to $47. Pullbacks (if any) are likely to be shallow and short-lived in this phase.
ADA rallied from the August 2nd support test into target/pivot zone
Internal wave 4 support at $0.755–$0.785 held perfectly (50% retracement)
Now showing a clean five-wave move up from the Aug 12 low
📊 Key Levels to Watch:
Immediate Resistance:
$0.931 – $0.94 → July 21 swing high
$0.95 → descending trendline from larger triangle pattern
Major Bullish Targets:
$1.70+ (larger degree C-wave target)
$2.00 possible in bullish continuation
Support: Larger zone from early August remains in play unless broken
📈 Scenarios:
Bullish Breakout (Preferred if $0.95 clears):
Direct continuation toward $1.70–$2.00 without major pullback
Pullback Scenario:
Possible broader B-wave retrace if rejection at $0.94–$0.95
Would still keep larger bullish setup intact if support holds
💡 Market Takeaway: ADA is at a decision zone. Breaking $0.95 could trigger a stronger breakout toward $1.70+, while a rejection may offer another buy zone before the next leg up. Momentum remains bullish from the Aug 12 swing low.
SUI has now reached the wave 5 target zone for this A-wave
Two main scenarios: 1️⃣ This is wave 5 of A – possible pullback ahead 2️⃣ The prior pullback was actually wave B – already in C-wave up toward higher targets
📊 Key Levels:
Immediate Resistance: $4.08 – $4.22 (Fib zone)
Structural Resistance: $4.40 – $4.44
Major Upside Targets: $4.78 – $5.30 (larger wave 5 zone)
Larger Timeframe Target: $8 – $10 if August low holds
📈 Scenarios:
Bullish Continuation (Preferred if $4.22 breaks):
Move directly toward $4.78–$5.30, possibly higher
Structure shifts to C-wave up without another deep pullback
Pullback Scenario:
Reaction at $4.08–$4.22 or $4.40–$4.44 → retrace into support before resuming uptrend
💡 Market Takeaway: SUI remains one of the stronger altcoins, holding a clear uptrend from the June low. Short-term resistance sits at $4.08–$4.44, but a clean break could accelerate momentum toward $4.78–$5.30. On the larger map, $8–$10 remains a realistic long-term target if the bullish structure stays intact.
Short-term Support: August 2 swing low support zone (still valid)
Trend Context: Uptrend intact since April low; no 5-wave move down or break of critical support seen
📈 Scenarios:
Bullish Path (Preferred):
Hold above August 2 support → continuation toward $360–$380
Third wave likely to extend, with shallow or no deep pullbacks
Bearish Trigger:
Break below major support would question wave count and slow momentum, but no such signs yet
💡 Market Takeaway: SOL is in a strong third wave rally, with aggressive upside and minimal pullbacks expected. $360–$380 remains the key upside zone. Traders should remain cautious about picking tops in this environment, as momentum favors continued extension.
Break below $4,100 → deeper retracement possible toward $3,319
💡 Market Takeaway: ETH remains in a strong uptrend with momentum favoring $4,900. Pullback is due but not yet confirmed. As long as $4,427 holds, bulls remain in control. Risk/reward begins to tighten as price nears vertical third-wave peak.
📍 Current Setup: $BTC still following bullish roadmap from 2022 trend Pullback was deeper than ideal but pattern remains intact No sign of a confirmed top — watching for 5-wave move down before calling reversal 📊 Key Levels: Major Milestone Target: $130,000 (watching closely for signs of selling pressure) Upside Extensions Possible: $136,000 – $149,000 (100% C-wave extension) Support Zones: Short-term key: $114,000 (Fibonacci support) Must-hold: $111,990 (August low) to maintain bullish momentum Resistance Zones: $120,200 – $121,835 (current test zone) Next short-term resistance cluster: $120,695 – $121,450 📈 Scenarios: Bullish Path (Preferred – Yellow Count): Wave 4 possibly complete → Wave 5 could push price higher Break above yesterday’s high = likely start of 5-wave advance toward $130K+ Alternate Path (White Count): Current move is Wave 2 correction; deep pullback possible before continuation A break below $114K could be early warning of bearish extension 💡 Market Takeaway: BTC remains in a strong uptrend with room to extend beyond $130K. While short-term choppiness and overlapping moves could lead to a dip, the bigger picture remains bullish until proven otherwise. Traders should watch $114K for downside risk and $121K for near-term breakout momentum.
🔹 Chainlink (LINK) – Decision Point After 16% Surge 🔹
📍 Current Setup: Overnight dip into Fibonacci support: $19.93 – $20.85 Strong bounce → launched Wave 5 rally Move from low to current levels = ~16% gain Now consolidating just above $23 resistance 📊 Key Levels: Immediate Supports: $20.87 → Break below = first sign Wave 2 pullback starting Wave 2 support zone: $17.82 – $12.94 Upside Targets: $25.12 → Next major resistance $31.00 → Mid-term target $47.00 → Long-term bullish target 📈 Scenarios: Bullish Continuation: Break above $25 before Wave 2 pullback = likely Wave 2 already bottomed in deep Wave 4 Correction Watch: Drop below $20.87 opens path to $17.82 – $12.94 accumulation zone (ABC corrective structure expected) 💡 Market Takeaway: $LINK has done the bullish work—five waves up and breakout above $23. Market now at a decision point: either push toward $25+ directly or pull back to build a stronger base. Traders should watch $20.87 closely for early reversal clues.
Wave 2 support to be added once local top confirmed
📈 Scenarios:
Bullish Continuation: Break above $200 could signal a larger degree bullish move forming
Corrective Setup: Drop below $182.47 would confirm start of Wave 2 pullback → potential long entry zone once higher low forms
💡 Market Takeaway: SOL delivered a textbook five-wave rally from support to resistance, smashing targets. While short-term grind higher is possible, traders should watch $182.47 for early signs of a pullback that could set up the next buying opportunity.
📍 Current Setup: B-wave low formed on 2nd August Tracking a five-wave move up from that low Fifth wave currently unfolding, boosted by CPI news 📊 Key Levels: Short-term Upside Targets: $0.852 – $0.870 (ideal 5th wave target zone) $0.855 – previous swing high from 28 July Early Pullback Signal: Break below $0.805 (50% Fib retracement) could mark start of Wave 2 correction Wave 2 Support: To be defined once local top is confirmed, expected higher low formation 📈 Scenarios: Bullish: Push to $0.87 region before corrective pullback, maintaining higher low above $0.805 Corrective: Drop below $0.805 could signal start of Wave 2 retracement before next major upside leg 💡 Market Takeaway: $ADA has delivered strong performance, respecting support and pushing toward key resistance levels. Short-term grind higher still likely, but traders should watch for signs of a corrective pullback in Wave 2.
📍 Current Setup: June 22 low likely marked B-wave bottom Now in C-wave uptrend, expected to form a five-wave pattern Short-term move appears to be A-wave of C-wave’s third wave 📊 Key Levels: Immediate Resistance Targets: $4.50 – $4.57 (near-term Fib extension zone) $7.60 (138% Fib extension – potential wave 3 top) Support Zones: $3.48 – $3.76 (Fib support range) $3.68 (key swing low – must hold for bullish scenario) Invalidation: Break below $3.48 risks deeper retracement, possibly extending wave 2 📈 Scenarios: Bullish Path: Break & hold above $4.50 → push toward $4.57 → possible extension toward $7.60 in third wave Bearish Risk: Drop below $3.68 could mean B-wave still unfolding; under $3.48 would weaken bullish count 💡 Market Takeaway: $RNDR is respecting Fib levels and pushing toward the $4.50–$4.57 resistance zone. Holding above $3.68 keeps momentum alive toward $7.60 in the coming waves.
ETH remains in circle wave 5 of larger wave 3 on the daily chart Price holding above $4,100 breakout level with strong bullish momentum Next upside target: $4,600, with extended goals above 2021 highs
📊 Key Levels: Immediate Targets: $4,500 – $4,560 – $4,680 (short-term Fib resistance cluster) $4,600 – Main near-term Elliott Wave target $5,230 – Next major Fib level $5,800 – Extended bull target if momentum continues Primary Supports: $4,373 – $4,441 (micro support zone) $4,100 – Breakout support $3,876 – $3,273 (wave 4 pullback zone if correction starts)
📈 Scenarios:
Bullish Path: Hold above $4,373 → Push into $4,600–$4,680 → Potential extension to $5,230–$5,800 Bearish Risk: Drop below $4,100 could trigger deeper wave 4 correction toward $3,876–$3,273
💡 Market Takeaway: ETH is in full rally mode, breaking past $4,400 and targeting $4,600 next. A push into the $4,680 zone could open doors to $5,230 and beyond. Watch $4,373–$4,441 for short-term support, and $4,100 for structural strength.
Bullish Path: Hold $0.234 → Push through $0.280 → Next targets $0.33, then $0.39
Bearish Risk: Drop below $0.234 → Potential breakdown of current wave structure
💡 Market Takeaway: HBAR defended the $0.224 support perfectly and now eyes $0.280 resistance. A clean breakout could accelerate gains toward $0.33–$0.39, but losing $0.234 would put the rally at risk.
Pullback Path: Drop below $0.22 → Watch $0.215 and $0.199 as reload zones before next wave up
Pattern Note: Possible inverse head-and-shoulders forming — breakout above $0.247 could accelerate rally
💡 Market Takeaway: DOGE is holding critical support at $0.22, aligning with the bullish scenario toward $0.38–$0.58 in the bigger C-wave. Short-term confirmation comes with a break above $0.247, opening the way for the next rally leg.
Move aligns with B-wave bounce scenario from prior analysis
Price testing key CME gap area — not fully closed yet
📊 Key Levels to Watch:
Resistance Zone: $120,198 – $121,835 (unchanged from previous analysis)
Golden Ratio Resistance: Around prior swing high (yesterday’s top)
Support: Unchanged from last update (watch for gap close risk)
📈 Scenarios:
B-wave Continuation: Likely unless rally develops into a clear 5-wave move → would suggest wave four bottom already in and next leg up underway
Sideways Consolidation Favored: Based on Elliott Wave alternation guideline — wave four expected to be sideways after sharp wave two in Aug 5 move
Bearish Setup: Failure at resistance → 5 waves down could signal start of C-wave decline
💡 Market Takeaway: BTC is showing healthy upside momentum post-CPI, but the $120K–$121.8K resistance zone is critical. A decisive 5-wave breakout above could confirm the low is in and open the door for the next major rally. Until then, structure suggests a B-wave bounce within a larger wave four.
Long-term target projection: $47 (milestone before higher levels like $84–$120)
📊 Key Levels to Watch:
$23.00 – Critical breakout level to unlock $31–$47 zone
$25.00 – Next micro resistance; decisive break could confirm direct breakout into third wave
$31.00 – Major resistance from Dec 24 swing high
$47.00 – Projection target if breakout holds
$19.00 – Key support; break below signals possible wave two pullback before next rally
📈 Scenarios:
Bullish: Hold above $23 → Break $25 → Target $31 then $47
Pullback Setup: Drop below $19 → Potential wave two → Reload for breakout attempt
Bearish Invalidations: Sustained drop below $19 could delay breakout and shift structure
💡 Market Takeaway: LINK is showing strong momentum with today’s +9% surge. $23 is the short-term trigger for higher prices, while $25 is the “direct breakout” confirmation level. Path to $31 and $47 remains intact if support holds.
Bullish: Hold above $170.40–$176.24 → break $181.60 → push to $191.74–$199 range (Wave 5 completion)
Bearish (Plan B): Failure to hold $170 → ABC structure toward $141
💡 Market Takeaway: Solana’s bullish setup remains intact if $170–$176 holds. Watch for a break above $181.60 as early confirmation. Overlapping targets near $192–$199 offer high-probability resistance if Wave 5 develops.