Huzaifa Farhad
2.4 Years
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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
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
🔵 $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
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
🐸 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
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
Crypto Daily Update — August 5, 2025
1. Bitcoin: Waiting to Reclaim the High Ground
BTC$BTC remains rangebound near $114K, facing resistance at $117K–$120K amid macroeconomic uncertainty and ETF outflows. Analysts highlight potential bullish reversal if BTC can sustain a hold above $115.3K and $116.8K.
2. Bitcoin Options Now Open to All Users
Binance has made Bitcoin options writing available to all users, offering a 20% fee discount on options for BTC, $ETH ,$BNB , and SOL, catering to increased retail interest.
3. PROVE & TOWNS Added to Binance Earn & Margin Modes
Binance is listing Towns (TOWNS) and Succinct (PROVE) across Simple Earn, Buy Crypto, Convert, and Margin/Futures. PROVE will also be available in flexible and locked staking starting today.
4. SUP Token Launches on Binance Alpha
The meme-perp token SUP debuts today at 10:00 UTC on Binance Alpha, with airdrop rewards via Alpha Points. It later launches on Bitget, KuCoin, and MEXC.
5. Ethereum ZK Innovation: Succinct LIVE on Mainnet
Succinct, a decentralized ZK proof network, has launched on Ethereum mainnet under the PROVE token. It currently handles over $4B in verifications across major DeFi protocols.
6. ETH Accumulation Surges Among Public Firms
Small-cap public companies now hold nearly 966,304 ETH (~$3.5B), up dramatically from year‑end 2024. Ether continues to be adopted as an inflation hedge and yield-bearing asset, despite regulatory caution.
7. ZK Restaking Trends Grow on Solana
Solana’s adoption of restaking is increasing capital efficiency—letting holders secure multiple protocols with the same assets. It boosts rewards but adds slashing risks.
8. Bhutan Moves BTC: Huge Transfer Recorded
Bhutan’s government transferred 517 BTC (~$59.2M) to a wallet linked to Binance, in a state-level move that marks one of the largest national crypto transfers.
9. Crypto Hedge Funds Show Strength in 2025
Funds like Fasanara Digital (+7 %) and Edge Capital (+8.3 %) are outperforming in 2025. Institutional interest—and returns—are accelerating in crypto fund space.
10. XRP: Legal Clarity Sparks Community Buzz
The XRP community is reacting to new updates in the SEC lawsuit, including SEC Chair Atkins’s comments fueling optimism about appeal withdrawal – though uncertainty remains.
BTC$BTC remains rangebound near $114K, facing resistance at $117K–$120K amid macroeconomic uncertainty and ETF outflows. Analysts highlight potential bullish reversal if BTC can sustain a hold above $115.3K and $116.8K.
2. Bitcoin Options Now Open to All Users
Binance has made Bitcoin options writing available to all users, offering a 20% fee discount on options for BTC, $ETH ,$BNB , and SOL, catering to increased retail interest.
3. PROVE & TOWNS Added to Binance Earn & Margin Modes
Binance is listing Towns (TOWNS) and Succinct (PROVE) across Simple Earn, Buy Crypto, Convert, and Margin/Futures. PROVE will also be available in flexible and locked staking starting today.
4. SUP Token Launches on Binance Alpha
The meme-perp token SUP debuts today at 10:00 UTC on Binance Alpha, with airdrop rewards via Alpha Points. It later launches on Bitget, KuCoin, and MEXC.
5. Ethereum ZK Innovation: Succinct LIVE on Mainnet
Succinct, a decentralized ZK proof network, has launched on Ethereum mainnet under the PROVE token. It currently handles over $4B in verifications across major DeFi protocols.
6. ETH Accumulation Surges Among Public Firms
Small-cap public companies now hold nearly 966,304 ETH (~$3.5B), up dramatically from year‑end 2024. Ether continues to be adopted as an inflation hedge and yield-bearing asset, despite regulatory caution.
7. ZK Restaking Trends Grow on Solana
Solana’s adoption of restaking is increasing capital efficiency—letting holders secure multiple protocols with the same assets. It boosts rewards but adds slashing risks.
8. Bhutan Moves BTC: Huge Transfer Recorded
Bhutan’s government transferred 517 BTC (~$59.2M) to a wallet linked to Binance, in a state-level move that marks one of the largest national crypto transfers.
9. Crypto Hedge Funds Show Strength in 2025
Funds like Fasanara Digital (+7 %) and Edge Capital (+8.3 %) are outperforming in 2025. Institutional interest—and returns—are accelerating in crypto fund space.
10. XRP: Legal Clarity Sparks Community Buzz
The XRP community is reacting to new updates in the SEC lawsuit, including SEC Chair Atkins’s comments fueling optimism about appeal withdrawal – though uncertainty remains.
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