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VAV Crypto Research and Analytics
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The chart shows a clear inverse "head and shoulders" pattern. Altcoins are undoubtedly ready to explode. I expect that unless something apocalyptic or some sort of global crash happens - we will finally see a wild altseason soon. In previous posts we wrote about personal short-term capitalization targets. I hope that after a reasonable and necessary correction - the described plan will be even exceeded. #AltcoinSeasonLoading
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Analyst Ali Martinez writes on his page that according to his indicator, XRP is ready to break through to the upside. His indicator gives a strong buy signal (DYOR) Onchain data also tells us that in the last month alone, the institutions have managed to accumulate more than 800 million $XRP And as another argument - I see a possibility of triangle exit with targets around 4$-5$ on higher timeframes (not financial advice). #XRP
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Seems it started 🤔 I hope so.
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Locally, we should already see a correction. In the previous post when BTC was at 95k I wrote about my personal plan to see the 99k-104k zone, after which I most likely see a move down before we go to the ATH area. And here we are at 103k-104k for a couple of days now. I may be wrong, but I dare to assume that the price should go for a correction down from the current area. So far, I am sticking to my strategy and plan as I described earlier in my posts here: - A hike to new highs this year is inevitable - Institutional money is coming more and more into crypto - More and more companies are starting to follow the path of Michael Saylor's Strategy - Global M2 liquidity is growing and this money will definitely come to Bitcoin (with a time lag) - The tensions with trade tariffs will eventually resolve - The war between Russia and Ukraine is approaching either a freeze or finalization - Regulations are increasingly resolved in favor of crypto - The peak of the current cycle has not yet been reached. All of this together outweighs my personal concerns about negative scenarios. I see the crypto market cap coming to 3.25-3.5 trillion levels in the near future. Not financial advice. DYOR $BTC #BTC
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Ethereum has broken above the downtrend line that began its formation at previous peaks in December 2024. If we consolidate with 1D candlesticks above this downtrend line - I expect ETH to break to new all-time highs this year. We are coming out of the #ETH accumulation phase and we are making a triangle exit as you can see on the chart below. This is a sign to me that the $ETH upside is likely confirmed.
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