TrendsToday

$BTC : First Bearish Signs of a Deeper Correction
Prep:
All these days, BTC has only been rallying and has a clear bullish structure.
Today we can see a complete transformation showing the first signs of a downward correction.
It is too early to talk about a downtrend.
Yesterday, the pattern transformed from bullish to bearish by falling below 106730, which corresponds to a strong support structure area.
Considering that this area was important, it has a chance to continue to 102000 and maybe even lower to 98000.
It could be a false bearish breakout to the downside, however, as long as it shows this bearish pattern, we should be careful and take this into consideration.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
#CEXvsDEX101 #TradingTypes101 #PCEMarketWatch #MarketPullback #ElonMuskDOGEDeparture

Hey Binance Square family! 👋
Litecoin ($LTC ) has recently experienced a significant decline, dropping approximately 6.2% in a single day. This sharp movement has raised concerns among traders and investors about the potential continuation of the downtrend. Let's delve into the technical aspects and market sentiment to understand what's happening.

🔍 Technical Analysis Overview
Current Price: $90.72
24h Change: -6.39%
Intraday High: $97.56
Intraday Low: $90.55
The recent drop has brought LTC to a critical support level near the 61.8% Fibonacci retracement. This level is often considered a key point where price reversals can occur. However, if LTC fails to hold above this support, further declines could be anticipated.
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📈 Market Sentiment and Indicators
Moving Averages: The 50-day and 100-day moving averages are currently indicating a bearish trend, suggesting that the downtrend may persist in the short term.
Relative Strength Index (RSI): The RSI is approaching oversold territory, which could indicate a potential for a short-term rebound.
Volume Analysis: A spike in trading volume during the recent drop suggests strong selling pressure, reinforcing the bearish sentiment.
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💡 Trading Strategy Suggestions
Short-Term Traders: Consider monitoring the $90 support level closely. A break below this level with increased volume could signal further downside potential.
Long-Term Investors: It's essential to stay informed about macroeconomic factors and Litecoin's ecosystem developments, as these can influence long-term price movements.
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📊 Price Predictions
Analysts have varying forecasts for LTC's price in the coming months:
2025 Outlook: Some projections suggest a potential increase to around $131.12, representing a 44.18% rise from current levels.
Long-Term Forecast: Other analyses predict that $LTC could reach up to $199.75 by the end of the year, depending on market conditions and adoption rates.
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⚠️ Final Thoughts
While Litecoin's recent price action indicates a bearish trend, it's crucial to consider both technical indicators and broader market factors before making trading decisions. Always conduct thorough research and consult with financial advisors to align strategies with your investment goals.
Stay safe and informed! 💰
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🚨XRP Supply Shock Incoming…🚨
I have been warning my soldiers since January (when I was warned) there will be a supply shock for $XRP . I was told this in November/December when XRP wasn’t on everyone’s radar yet.
The Exchanges are running out and will sell yours, hoping you don’t ask for it.
OTC is running out and the institutions will soon start buying retail because Ripple doesn’t have any double sale.
The escrow is accounted for and the rest is locked up for 4 years (every month some gets locked up)
Everyone should be aware…when institutions buy, they’re not buying to sell for profits. They are buying and holding for use. So once they buy it…you’ll never see it again. It’s gone.
All of this is happening now without retail or institutional FOMO or ETFs…which have to be held 22 per 1 ETF 🤯
So this is Good and Bad but I will show you how to make it all Good.
The good, the supply shock will cause a price surge like nothing you’ve ever seen before.
The good, the ETFs will cause a price sure like nothing you’ve ever seen before
The good, the FOMO will cause a price surge like nothing you’ve ever seen before
Now add SWIFT, DTCC, B2B, Balance Sheets, Treasuries, etc…you see where I’m going with this…$1000 is peanuts compared to what the price will be 🤯Wealthy…Wealthy…Wealthy…Yes You but keep it on the low. Don’t be a target. Enjoy it and enjoy your families 💪
With the good comes the bad…the bad is once you sell it, you most likely won’t get it back. It’ll be bought up by the institutions and secured in cold storage for use. It’ll never be back in the market especially for sub-$1000
But how can we turn that bad into a good…Remi got you…
1) GET YOUR $XRP
OFF THE EXCHANGES and leave it in your cold wallet.
2) Do NOT sell your whole bag. You might not be able to buy back in if the supply dries up. You might also be priced out. If buying at $2 is a problem, imagine $2000-$5000 per XRP 😵‍💫 They may also have a buy back program like they did with gold. I’m not sure…BUT…if it’s in your possession on a cold wallet lol…good luck to them 💪…it’s not for sale. Give me $25K per XRP. That’s my sellingFor those still looking for a user friendly wallet I 💯 back @Tangem I love everything about the card especially having it on me for quick sales should I need it.
Tap your phone and sell. No internet and no wires needed. Held in your wallet like a credit card. All done in less than 3 minutes with the Tangem card (but always always always double and triple check your work…DO NOT rush)
@Tangem reached out to me last week with a discount code for all my soldiers. They gave us 10% off with code: “REMI” $XRP
Keep your XRP on the card safe and sound. I’m telling you, save a bag. Do NOT sell your whole bag in my opinion. The numbers that’s will come in 2027-2030 will be insane. Your grandkids will never need to work 💪#TradingTypes101