XRP is currently retesting a key support level before the critical resistance at $0.5668. Given the current market structure, there is a high probability of a bullish breakout, targeting the following levels:
Entry & Risk Management:
Entry Zone: Current price near $0.5668 (confirmed retest).
Stop-Loss (SL): $0.4558 (strategically placed below key liquidity zones, with an extremely low probability of being hit).
Risk-to-Reward Ratio: Favorable, with minimal downside risk.
Target Levels (TP):
1. $1.108 – Initial target aligning with Fibonacci extension and prior resistance.
2. $1.7922 – Strong breakout zone, backed by volume accumulation.
3. $2.606 – Major macro resistance level, achievable if momentum sustains.
⚠️ Disclaimer: Always DYOR (Do Your Own Research) and manage risk accordingly. Market conditions can shift rapidly, so adapt your strategy based on evolving price action. #2023Recap #2024Election
BTC BULLISH analysis ✅🔥 BTC chart BULLISH candle: Dragon fly A trader make massive profits through 1 candle which is dragon 🐉 fly just try a bit buying
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🚨 BREAKING NEWS: The U.S. Treasury is set to hold a high-stakes, closed-door roundtable this week with major players in the $BTC and cryptocurrency industry. This unprecedented meeting signals a pivotal moment for the future of digital assets in the U.S., as key stakeholders gather to discuss critical issues shaping the crypto landscape. The crypto community is buzzing with anticipation—IT’S HAPPENING, and the implications could be massive! #CryptoRoundTableRemarks
#CryptoCPIWatch Today's CPI Forecast At 15:30 the US inflation report (CPI) is released. The inflation rate is expected to be 2.4%, the same as in March. ✔️ Here are the possible scenarios: 🔴 1. CPI above 2.4% This will be negative for markets in the short term, especially given that the data came in below expectations last time. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets. 🟠 2. CPI at 2.4% In this case, the market is likely to rise as the overall bullish sentiment remains. 🟢 3. CPI below 2.4% This is the best-case scenario that could drive Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of a rate cut this year. #TradeLessons #CryptoCPIWatch #SaylorBTCPurchase #AltcoinSeasonLoading #StrategyTrade
Today's CPI Forecast At 15:30 the US inflation report (CPI) is released. The inflation rate is expected to be 2.4%, the same as in March. ✔️ Here are the possible scenarios: 🔴 1. CPI above 2.4% This will be negative for markets in the short term, especially given that the data came in below expectations last time. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets. 🟠 2. CPI at 2.4% In this case, the market is likely to rise as the overall bullish sentiment remains. 🟢 3. CPI below 2.4% This is the best-case scenario that could drive Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of a rate cut this year. #TradeLessons #CryptoCPIWatch #SaylorBTCPurchase #AltcoinSeasonLoading #StrategyTrade $BTC
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