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Huzaifa Farhad
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Galaxy Digital unstaked 250K
$SOL
($40.7M) and deposited it into #Binance 5 hours ago.
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Huzaifa Farhad
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🚨 $XRP Market Update – August 6, 2025 🚀 Hello XRP Army! XRP has shown some promising moves today, following a clear 5-wave impulse from the weekend low. 📈 🔍 Key Highlights: The recent upside move towards $3.10 suggests a possible wave 1. A healthy 3-wave pullback has brought us into a key Fibonacci support zone — a potential launchpad for the next wave up. Short-term outlook remains bullish as long as XRP holds above $2.80. Watch for breakouts above: 👉 $3.10 👉 $3.17 👉 $3.33 These are your next resistance levels. 📉 Alternative scenario? A potential ABC correction is still on the table if XRP drops below $2.80, but for now, bulls are in control. We just need confirmation through increased momentum. 💡 Elliott Wave Perspective: Current structure might be forming a 1-2 setup or A-B setup. A breakout from the support zone could indicate either a C-wave or a wave 3 toward new highs. 👉 Stay tuned, and remember: the trend isn't always a straight line — but the structure looks encouraging! #XRPUSDT🚨 P #CryptoAnalysis #BinanceSquare #ElliottWave #TechnicalAnalysis
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🔵 $ADA (Cardano) Technical Update – August 5, 2025 ADA is currently dipping into a key support zone, showing early signs of a potential reversal — but the structure remains fragile. Let’s break down the price action 👇 --- 🟨 Current Market Structure: ADA has printed a higher low, but no higher high yet – still in a downtrend until confirmation. The move from Saturday’s low is corrective, suggesting a possible Wave 2 pullback. The previous swing high sits at $0.761. A break above it could confirm early bullish momentum. --- 📘 Elliott Wave Scenario: The correction from July 21–22 may have ended Saturday, hitting the 50% Fibonacci retracement. If true, this is a Wave 2 retracement, and we're now watching for Wave 3 upside potential. The support zone to hold is between $0.698–$0.708 (78.6% retracement level). A break below $0.698 would invalidate this bullish count and shift focus to the next support near $0.64. --- 📊 Bullish Confirmation Levels: Event Level to Watch Break above swing high $0.758–$0.761 Next target if bullish ~$0.79 Full reversal confirmed After 5-wave up --- ⚠️ Final Thoughts: The structure is still too fragile for full confirmation, but higher lows and respected retracements could be early signs of a bullish shift. Watch for a clean breakout above $0.761 to gain confidence. --- 🧠 Always let the market confirm before jumping in. ADA is holding support, but the bulls must defend it now. 📍Drop your ADA targets below & follow for daily technical updates! #Cardano #ADA #CryptoAnalysis #BinanceSquare #elliottwaves e #Altcoin s #PriceAction
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🐸 Pepe (PEPE) Price Analysis – August 5, 2025 The recent PEPE rally from the March low still looks more corrective than impulsive, raising questions about its sustainability. Here's a quick breakdown of key levels and scenarios 👇 --- 🟡 Key Observations: PEPE formed a higher low in April, unlike many other coins that posted lower lows — a potential early bullish sign. The move from the June low appears corrective (3-wave structure), possibly forming Wave A in a blue scenario. Current pullback is entering a crucial support zone between 0.0000093,401 – 0.0000103,140, which may complete Wave B. A reaction from this zone could trigger a move higher into Wave C, targeting a break above the May high (0.000013,964). --- 🧠 Scenario Breakdown: 📘 Blue Scenario: If support holds and price reacts upward, we may be entering a C-wave, targeting new local highs. Wave 2 might have bottomed in June. 💛 Yellow Scenario: If support breaks, we may still be in a broader Wave 2 correction. Watch for price to potentially drop toward the 100% Fibonacci extension at ~0.0000075,212. --- ⚠️ What to Watch: Immediate resistance: 0.000013,964 (recent swing high) Immediate support: 0.0000093,401 – 0.0000103,140 Critical support: 0.0000075,212 (100% Fib target) No confirmed bottom yet, but signs of a reversal in this zone could suggest a bullish wave is forming. --- 📈 Let’s see if the bulls show up or if deeper correction is on the way. 💬 What’s your take on PEPE’s wave count? Drop your thoughts below! #pepe⚡ #ALTCOİN s #CryptoAnalysis #BinanceSquare #WaveTheory #PEPEupdate #ElliottWave
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Crypto Daily Update — August 5, 2025
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