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MOSHPIT
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New to Binance Square, thrilled to share my thoughts on crypto universe.
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$PEPE 🤑 Pepe has always been one my favorite alt-coin in my watchlist. It has given tremendous move in the starting of November and analysis says there is still more move left before it goes for major correction. $PEPE is most likely to go up towards the open supply area between 0.00005121-0.00004527 Also looking through the perspective of Elliot wave analysis 1. Daily- The coin is at ending wave of major 3rd wave and most likely to reach the level of 0.00005121 before giving an major corrective move. 2. Hourly- It might be possible that the 4th wave has ended and an ending diagonal representing 5th wave has started.The coin is not yet decisive at the moment and I am bullish with my holdings with a major stop loss of 0.00001891
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$XRP 🔥 XRP is on a recovery mode. Analysis says before touching the $3 mark it is most likely to go down for retest near the open support zone of 1.64702 and 1.43006. XRP is on a major 5th wave after a large consolidation phase (2018-2024). Most-likely we may see an extended 5th wave. Currently we are at 4th wave of major 3rd wave. A 38.6% (1.3377) retracement is expected Also keep an eye on $BTC dominance for better entries. WEEKLY CHART MARKING AND DAILY CHART MARKING
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