I would like to raise a question regarding the results of the Special Ramadan Price Prediction Challenge announcement, specifically for Session 2 – XRP Price Prediction.
I have complied with all the requirements, namely:
Voting in the category of $2.50 and above (which is the correct result).
Leaving a prediction comment in the appropriate column.
Sharing the post through Binance Square as required.
However, I do not see my name listed in the winner's list for the Joint Prize Category, even though I feel that I have fulfilled all the requirements correctly.
Here are my account details:
Binance Square Username: NOFACEHUNTER
User ID: 435025931
Please assist me in reviewing my participation. Thank you for your attention and the opportunity provided!
Analysis: XRP is in a correction phase after an increase, as indicated by the formation of lower highs, signaling a weakening bullish momentum. In the price range of $2.59 - $2.95, there is strong supply, making the potential for rejection quite high. My expectation is that the price will rise to the level of $2.50 or more, then experience a decline. If the price fails to break through resistance, the correction will continue. However, if a breakout occurs, the bullish trend is likely to continue.
$BTC The current Bitcoin price surge is fueled by positive sentiment from the launch of Bitcoin ETFs, increasing institutional adoption, and the perception of Bitcoin as a hedge against inflation. In addition, supply reductions (halving) and support from public figures also played a role.
1. Market Trend: Bullish, with Higher High (HH) and correction towards discount zone.
2. Buy Zone: Between Fibo 0.236–0.382, marked with Gann box for precision.
3. Price Target: Above 150,000 USDT, anticipating continuation of uptrend.
4. Strategy: Waiting for bullish confirmation in buy zone, stop loss below Lower Low (LL).
note :$BTC
"My analysis is not for short-term trading, but more to determine the best price area to start accumulating BTC in the spot market. The focus is on buying in the discount zone to hold in the long term until the price target is reached." #BtcNewHolder #BTC🔥🔥🔥🔥🔥 #BTC150K
1. Downward Trend: The chart shows a downward trend (descending trendline) that is affecting the price movement of the coin. You may use this area to find a bottom.
2. Accumulation Zone: The blue area seems to mark a potential accumulation or support zone, where you may start to enter gradually using the DCA strategy.
3. Price Target: The dotted line shows a significant price increase projection, with a target of around 5.9 in 2025. This indicates a long-term upside expectation from the accumulation level.
4. Reversal Pattern Indication: There are indications that the price may be forming a reversal pattern, such as a breakout from the descending trendline.#CryptoExplorerFiesta #Binance $MANA
In the first image, there is an area labeled "BUY Correction" indicating a correction zone, where the price is expected to fall first before potentially rising. This is the area used to place a buy entry at the lowest anticipated price.
This correction price is in the range of around $5.53 to $7.68, marking a potential buy point when the price touches that level.
Core Strategy of This Analysis:
1. Wait for the Correction Price: Enter a buy position when the price touches the correction zone around $5.53 - $7.68.
2. Patiently Wait for the Increase: Hold the asset until the price reaches the projected profit target.
3. Risk Management: Set a stop-loss below the correction area if the price breaks through support to limit losses. $BTC $ETH $XRP #LINK
In my analysis in July 2024, XRP looked quite cheap at around $0.4109. I suggested buying at that price with a target price of around Rp31,205 per coin. At the time of this video, the price of XRP had reached around Rp30,000 per coin, indicating a price movement close to my predicted target.$XRP #XRPUSDT🚨 #Xrp🔥🔥 #XRPnews #XRPBurn $XRP
2021: Correction reached around 77% at the bottom of the bear market in 2022.
2. Average historical correction: BTC correction after ATH usually ranges from 70%-85%, depending on market conditions (macroeconomic, adoption, or sentiment factors).
3. Factors affecting correction:
Bitcoin halving cycle.
Global sentiment towards cryptocurrencies.
Regulation and the impact of institutional adoption. #BTC☀️