sajid shaikh sk lMVqs
I am trader and business man from Indian Maharashtra aurangabad
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AI's take: Despite XRP's hourly chart showing a BTC-mirroring downtrend from $3, its strong hold above the 100-hour SMA and Ichimoku cloud at $2.81 signals underlying support. Record perpetual futures open interest and high funding rates indicate significant leveraged bullish demand, making a breakout above $3, towards $3.4, likely if current support holds.
Resistance: $3, $3.4
Support: $2.81, $2.6-$2.65, $2.38 $XRP
Resistance: $3, $3.4
Support: $2.81, $2.6-$2.65, $2.38 $XRP
ETH: Awaiting breakout
Ether (ETH) remains trapped in an expanding triangle, with the daily stochastic flashing an overbought reading, pointing to stretched upward momentum, which weakens the case for a firm breakout in the short term. A consolidation around the resistance looks likely as prices are firmly above the Ichimoku cloud on the daily chart and short-term SMAs point north, indicating a bullish bias. An eventual breakout would shift focus to $3,400, a level targeted by options traders$ETH
Ether (ETH) remains trapped in an expanding triangle, with the daily stochastic flashing an overbought reading, pointing to stretched upward momentum, which weakens the case for a firm breakout in the short term. A consolidation around the resistance looks likely as prices are firmly above the Ichimoku cloud on the daily chart and short-term SMAs point north, indicating a bullish bias. An eventual breakout would shift focus to $3,400, a level targeted by options traders$ETH
in this case, the May 22 high of around $111,960, and test the underlying buying interest before chalking out bigger rallies. A similar dynamic played out earlier this year as prices dropped from over $100,000 of $75,000, revisiting the breakout point from late 2024.in this case, the May 22 high of around $111,960, and test the underlying buying interest before chalking out bigger rallies. A similar dynamic played out earlier this year as prices dropped from over $100,000 of $75,000, revisiting the breakout point from late 2024.$BTC
Bitcoin has scaled $120,000 for the first time, a major milestone for the worldās largest cryptocurrency in the run-up to what could be a landmark week.$BTC
Iam doing greatšššusdt
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