⚡ At the 112,000$ area, we saw buyers build a strong buying wall and fought for it aggressively, and liquidity was absorbed.
With Jerome Powell's speech in Jackson Hole and his hints at a rate cut, the price surged strongly and was seen by many as a positive signal.
But those monitoring the CVD know that the rise wasn't entirely healthy, as 70% of it came from futures with limited buying from brown whales, while purple whales (the main market movers in the short term) took advantage of the rise to offload additional amounts.
🔑 The plan: • Accepting trading above 115,500$ = a launch towards 118,000$. • Losing the 112,000$ level = a potential drop towards 110,000$.
Some are trading the idea of **XRP** reaching **$10,000**, fueled by optimism after Ripple's settlement with the SEC and its potential in global payments. However, numerical analysis shatters this dream.
**Reason: Simple mathematics.** * For XRP (with a supply of 100 billion) to reach $10,000, its market cap would need to hit **quadrillion dollars**. * This figure equals **about 430 times** the total market cap of all cryptocurrencies today! * It is also **43 times** the size of the United States economy, which is completely unrealistic.
**The realistic alternative:** Instead, analysts are focusing on achievable targets like **$10 to $50** in the long term, which is ambitious but not unrealistic.
**In summary:** Talking about $10,000 is just noise unsupported by economic logic. Wise investing is built on a realistic analysis of potential, not on impossible dreams.
✅ Current Price: 0.00001132 (+10.22%) ✅ Technical Indicators:
RSI at 55 ⇒ Moderate buying strength and has not entered overbought territory.
MACD approaching a positive crossover ⇒ Possible upward signal.
Price has bounced from strong support at 0.0000098 and is heading towards resistance.
🎯 Upcoming Targets:
First Target: 0.0000138
Second Target: 0.0000147 (Strong Resistance)
📌 Recommendation: The currency is currently in a good buying area with a stop loss below 0.0000095. The stronger scenario is a continuation of the rise to achieve the mentioned targets.
🚀 Strong Recommendation: Buy and hold short to medium term $PEPE
**🏛️ Bitcoin Under Pressure: Are You Buying the Hype or Waiting?**
The data speaks! 📊 The cryptocurrency market is experiencing sharp volatility, as the latest funding rates data from Coinglass indicates a clear trend towards **selling and downward pressure** on the Bitcoin asset.
**📉 What Do These Numbers Mean?** Positive numbers usually indicate optimism and speculation on buying (Long), but their continuous and steady decline, as shown in the chart, suggests: - A decrease in market optimism. - An increase in short positions (Short). - A warning of the potential for continued decline in the short term.
**💡 Advice for Traders:** This data is a powerful tool for understanding market sentiment, but it is not financial advice. Always: - Do Your Own Research (DYOR). - Use Stop-Loss orders. - Risk management is the key to sustainability.
**👉 Follow the chart on Coinglass to stay informed.**
#FET The currency shows a **clear upward strength** on the chart with a break of resistance, and its first target is **0.80 - 0.85**, and the second target is **0.90 - 0.95**. However, level **0.760** must be decisively broken with high trading volume for the "explosion" to continue.
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📈 Simplified Technical Analysis
1. 📊 The overall trend is **upward**, as the price attempts to break the previous peak. 2. 🧱 The main resistance: **set at **0.760** (this level must be broken to open the way towards 0.85 and 0.95). 3. 🛡️ The main support: **set at **0.650** (any drop below this level weakens the bullish picture). 4. 🎯 The upward targets (drawn):** * **First target (TP1):** at **0.80 - 0.85** * **Second target (TP2):** at **0.90 - 0.95**
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✅ Recommendation:** - **Entry:** Any purchase near the current support or after breaking **0.760**. - **Stop-Loss:** below level **0.650**. - **Targets:** **0.80** then **0.95**.
**Note:** The current movement is strong (+6.64%), but the markets are volatile. Always manage capital and risk.
📉 Brief Analysis and Strong Recommendation for PEPE/USDT:**
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🚦 Current Situation:** - **Price:** 0.00001140 (+10.47% today) - **Strong bullish momentum in the short term**. - **Issue:** **Bearish Divergence** between price and indicators (MACD is negative despite the rise) → Warning signal. - **Strong Resistance:** 0.00001282 (must break it to continue rising). - **Crucial Support:** 0.00001065 (any break below this level opens the door for a sharp decline).
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🎯 Strong Recommendation:** - **🔴 Do not buy now** - sharp rise + bearish divergence makes entry a high risk. - **⏳ Wait for either:** 1. **Break of resistance 0.00001282** (with volume) to enter into a strong upward trend. 2. **Drop to support 0.00001065** to enter with a safer purchase. - **🛑 If you bought previously:** place **Stop-Loss** below 0.00001065 immediately.
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📌 Conclusion:** - **Short term:** Bullish but fragile - correction possible. - **Medium term:** Neutral until breaking 0.00001282 or 0.00001065. - **Action:** **Patience is better than entering now** - risk is high!