XRPUSDT — Buy From Support, Waiting for Triangle BreakoutOn the 4H chart, XRP is consolidating inside a symmetrical triangle and holding above an ascending trendline — a key support zone that has held multiple times.
🧠 Fundamentally:
Ripple continues expanding partnerships with fintech and banks.
The SEC lawsuit has lost its grip on price action.
A potential Fed rate cut could push crypto sentiment up again.
📌 I’m entering positions near $2.31, gradually accumulating. A breakout above the triangle could trigger a strong move.
🎯 Targets:
$2.50 — initial resistance
$2.65+ — if breakout is confirmed with strong momentum
🔽 If price breaks below $2.20, I’m looking to buy confidently near $1.80, where major demand sits. I don't expect such a dip, but markets can surprise.
Cryptoupdates
BTCUSD, Are we going to face 35% Correction ?!If we take a look at previous 2 notable cycles we easily notice similarities.
From these 2, 2022-2024 looks more similar to 2016-2017, as long as we had -
Breakout of downtrend line. ✅
Reaccumulation zone. ✅
Testing major bear market impulse (Which in all cases became strong resistance). ✅
What we didn't experience is correction after these 3 moves.
In 2016 it was around 40% (Tested reaccumulation zone)
In 2019 it was around 53% (Tested major support / resistance zone).
As long as current market structure somewhat repeats 2016 move, have possibility to retest top of after trend line breakout reaccumulation zone, which sits around 33-32k.
Percentage wise it's around 35% from ETF top and 23% from current price.
What you think ?
BTC : A Scenario We DON'T WANT To See ⛔Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Bitcoin is consolidating under resistance zone of $29k - $30k and this is BULLISH. However, it's worth pointing out a possible scenario that we DON'T want to see right now - a drop under $25k. This will form an ugly Head and Shoulders pattern that could take us back to a brief wick support around $19k.
I'm labelling this post as a "long" or bullish, because until we actually drop under $25K, I remain of the opinion that we've stared a new bullish cycle.
While you're here 👀 Check out this update on XLM which recently increased nearly 60% :
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