ETF
XRP ANALYSISVery important #XRP analysis on the daily time frame
Which in my opinion is one of the most important time frames to understand and comprehend the next movement of this currency.
So stay with us to be aware of the Ripple trend
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Thank you
TradeCityPro | LTCUSDT Let's go for spot buying?👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review Litecoin analysis, one of the oldest coins in the market, and let's go to update the triggers of the previous analysis!
🌐 Overview Bitcoin
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
On the weekly time frame, it is one of the coins that is in a good position compared to the coins and has had the least correction in recent declines and is in this position due to the possibility of ETF approval
There is no need to complicate things in this time frame and after the break of 136.45, we will buy and be above 98.44. This trigger is valid and we do not have much of an exit trigger for the conditions of these days on this chart and for now it is better to continue holding
📈 Daily Timeframe
On the daily time frame, we are also in a good position and we had a good return after the recent market decline due to the Bybit hack and Trump's tariffs and this is a good thing!
After breaking the 75.01 level and exiting the daily box and breaking its ceiling, we moved up to the resistance of 136.45 and are now fluctuating between the 98.44 to 136.45 boxes.
We also had a curve line in this time frame that was a good support for this event and every time we hit it, we made a good move upwards, but after its failure, it can be said that the upward trend moved into the range and went to form a new structure.
To buy spot after the 136.45 trigger is broken, we can buy for spot with a stop loss of 98.44 and as long as we are above 114.38, the 136.45 trigger is very important for us and it shows us more the strength of buyers and in case of a 98.44 break, we will go for 89 and 80 and we will have a price correction.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
What Is an ETF and How Does ETF CFD Trading Work?What Is an ETF and How Does ETF CFD Trading Work?
Exchange-traded funds, or ETFs, have gained significant popularity in recent years as a way to invest in a diversified portfolio of securities. But for the uninitiated, the world of ETFs can seem complex and overwhelming. So, what is an exchange-traded fund, and how does it work? In this article, we’ll cover everything you need to know about ETFs, the advantages and disadvantages, and we’ll explain how to trade ETF CFDs.
What Is an ETF and How Does It Work?
The ETF definition in investments is the following: exchange-traded funds (ETFs), sometimes called equity-traded funds, are financial products that track the performance of a specific index, commodity, or group of assets. ETFs are popular among individual and institutional investors thanks to their flexibility, low fees, and transparency.
Like stocks, ETFs are traded on exchanges. This means that you can buy ETF shares when the stock market is open. Note that you buy shares of a fund, not the fund itself. Unlike stocks, however, ETFs don’t focus on a single asset. Instead, ETFs consist of multiple assets and even different asset classes, such as stocks, bonds, commodities, and cash. Some ETFs are passively managed, meaning they’re designed to track a specific market or sector. Others are actively managed and have professional portfolio managers who choose which assets to include in the ETF.
ETFs are an effective way for traders and investors to diversify their positions. Because ETFs comprise a diverse range of securities, holders can gain exposure to different assets, markets, and sectors without having to trade each one individually. This can help reduce risk and volatility and potentially generate more stable returns over the long term.
Differences and Pros and Cons of ETFs vs Mutual Funds
While they share some similarities to mutual funds, one of the main differences between the two is that mutual funds are only traded at the end of the trading day according to their net asset value (NAV), while an ETF’s share price fluctuates throughout the day.
Mutual funds pool money from investors to invest in a range of assets and are often actively managed by a professional portfolio manager. This means they typically come with higher fees and a higher minimum investment requirement.
Generally speaking, ETFs are the more cost-effective and flexible option, as they offer lower expense ratios and allow for intraday trading. They also tend to be more tax efficient due to their reduced portfolio turnover rates. However, ETFs come with commissions, while mutual funds do not. Moreover, the passive management style of many ETFs can lead to lower returns compared to mutual funds, which aim to beat the market through active management.
ETF Types
There are many different types of ETFs out there that can be used to meet a wide variety of investment goals. Let’s look at some examples of exchange-traded funds.
Index ETFs
What is an ETF in the stock market? Equity ETFs are those that track a stock index. They vary in terms of the sectors, industries, company sizes, and countries they cover. Equity ETFs are divided into broad market and sector ETFs.
Broad Market ETFs
These ETFs track the performance of the entire market. They can be a useful tool for investors looking to gain exposure to the overall market without having to pick an individual instrument. One of the most significant broad-market ETFs is the SPDR S&P 500 ETF.
Sector ETFs
Sector ETFs offer investment in specific industries or areas of the market, like technology, healthcare, energy, and financials. These ETFs are ideal for investors looking to profit from the overall growth of an industry. Popular sector ETFs include the ARK Innovation ETF.
Bond ETFs
These ETFs invest in fixed-income securities such as government, corporate, and municipal bonds. Bond ETFs expose investors to the fixed-income market, which can be an effective tool for diversifying a portfolio. One of the bond ETFs is iShares 20+ Year Treasury Bond ETF.
Commodity ETFs
Commodity ETFs invest in assets like gold, silver, oil, and other natural resources. Commodity ETFs offer investors easy access to the commodity market and can help them hedge during market downturns. SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is an example of a commodity ETF.
Currency ETFs
These ETFs invest in foreign currencies and are used to gain exposure to a particular country’s currency or group of currencies, meaning they can be used to hedge against currency risk. Primary currency ETFs include the Invesco DB US Dollar Index Bullish Fund.
Leveraged ETFs
Leveraged ETFs use derivatives to provide investors with magnified exposure to the underlying assets, typically 2x, 3x, or 5x. For instance, a 2x leveraged ETF based on the S&P 500 would drop 2% if the S&P 500 fell by 1%. Direxion Daily Semiconductor Bull 3X Shares ETF is one of the most popular leveraged ETFs.
Inverse ETFs
These ETFs allow buyers to invest in the inverse performance of the underlying asset. For example, an inverse ETF that tracks the S&P 500 would go up when the S&P 500 goes down. Inverse ETFs can be useful for hedging against market downturns but also shouldn’t be held long-term. An example of an inverse ETF is the ProShares Short S&P 500 ETF.
How to Trade ETF CFDs
Aside from buying ETFs on stock exchanges, you can trade them via CFDs. CFDs are derivative products that allow traders to speculate on the price movement of an underlying asset, such as an ETF. Unlike traditional ETF investing, ETF CFD trading does not involve owning the ETF itself. Instead, traders are exposed to the price movements of the underlying ETF when they open a position.
At FXOpen, we have dozens of ETF contracts for difference (CFDs) that are ideal for short-term trading.
One key benefit of CFD trading is the use of leverage, which allows traders to open larger positions with smaller amounts of capital. This can potentially amplify profits but also magnify losses. All of our ETF CFDs offer 1:5 leverage, so to open a $100 position, you’ll need $20 to cover the margin requirements.
Moreover, ETF CFDs can be opened long or short, allowing traders to profit from both rising and falling markets. This can be especially useful when looking to hedge against an existing position or take advantage of short-term market movements.
Unlike regular ETFs, CFDs are subject to overnight fees, which are charged for holding open positions overnight. However, the same as with regular ETFs, CFD traders receive dividends if applied. The dividend adjustment is positive for buy trades and negative for sell trades.
Consider a Trading Strategy
If you’re thinking of trading ETF CFDs, it’s important to have a trading strategy in place. One approach is a trend-following strategy, which involves identifying and entering in the direction of the trend of the underlying ETF. Many traders use technical analysis tools, like moving averages and trendlines, to help them gauge the direction of a trend.
Seasonal trend trading can also work particularly well for ETF CFDs. Traders using this strategy look at historical market data and identify trends that tend to occur during certain times of the year. For example, a retail sector-based ETF might perform well around the holiday season, so traders could use this expectation to guide the direction of their trade.
Some traders prefer breakout trading - taking positions in ETF CFDs when their prices break through key support or resistance levels. Breakout trading can be especially effective in ETF CFD trading because ETFs tend to be less volatile than individual stocks. This means that when an ETF breaks through a support or resistance level, it may continue in that direction for an extended period, providing traders with an opportunity to profit.
Trading ETF CFDs: Advantages and Disadvantages
While we’ve explained some of the key advantages and disadvantages of ETF CFD trading, there are other factors to consider. Here are some additional advantages and disadvantages of ETF CFDs to be aware of.
Advantages
Flexibility: ETF CFDs can be bought and sold quickly throughout the day, providing traders with the flexibility to adjust their positions in response to intraday market events.
Broad Exposure: ETF CFDs offer exposure to a wide range of global markets and sectors, meaning that traders can diversify their positions and speculate on the price movements of a market or sector as a whole rather than relying on a single asset.
Hedging: This broad exposure also allows traders to use ETF CFDs to hedge against their other positions and reduce their potential losses. For example, a trader long on tech stocks could use a technology-based ETF CFD to short the sector during earnings season to protect from downside risk.
Disadvantages
Only Tradeable During Specific Hours: ETF CFDs are only available to trade when their respective exchanges are open. This might only be 9:30 a.m. to 4:30 p.m. EST, whereas other types of CFDs, like forex CFDs, are available to trade 24/5.
Potential Liquidity Issues: During periods of high volatility or low volume trading hours, some ETF CFDs can suffer from poor liquidity. This can widen spreads, increase costs for traders, and heighten the risk of slippage.
Fund Closure: While rare, it is possible for an ETF to cease trading while you have an open CFD position. This would result in the liquidation of the position and the net profit or losses being realised. When combined with leverage, a forced liquidation could lead to significant losses.
Your Next Steps
Now that you have a solid understanding of ETFs and their CFD counterparts, you may wonder how to start trading them. Follow this step-by-step guide to get started:
1. Open an FXOpen Account: At FXOpen, we offer a wide range of ETF contracts for difference (CFDs) that you can begin trading in minutes.
2. Explore ETFs: The next step is to look for ETFs that align with your strategy. You can research factors like potential for growth and historical performance to help determine if an ETF is right for you. You may also want to consider elements like the ETF’s level of diversification and trading volume.
3. Place a Trade: Once you think you’ve found the ETF you want to trade, you can use one of four trading platforms at FXOpen to enter a position. This involves selecting the ETF CFD you want to trade, choosing the appropriate trade size, and setting stop losses to manage risk. At this stage, you could also set some targets for where you’d like to exit your trade.
4. Manage Risk: As your trade progresses, the only thing left to do is manage your position’s risk. You could do this by gradually moving your stop loss closer to breakeven, taking partial profits, and hedging your position with other ETF CFDs.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
DOT Eyes 170% Breakout as Nasdaq Sets to List Grayscale PolkadotPolkadot (DOT) is on the verge of a massive breakout as institutional interest in altcoin-based exchange-traded funds (ETFs) gains momentum. With Nasdaq officially submitting a filing to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot Trust (DOT), the stage is set for DOT to witness significant capital inflows, potentially driving a 170% rally.
Nasdaq Files to List Grayscale Polkadot ETF
The cryptocurrency investment landscape is undergoing a major shift as traditional financial institutions increasingly embrace digital assets. In a recent filing, Nasdaq submitted Form 19b-4 to the SEC, requesting approval to list and trade shares of the Grayscale Polkadot Trust. If approved, this move will provide investors with a regulated and institutional-grade avenue to gain exposure to DOT.
Grayscale Investments, the asset management firm behind the proposed ETF, has been aggressively expanding its crypto product offerings. Alongside the Polkadot ETF, the firm has filed for a spot Cardano ETF and an XRP Trust conversion. Other potential digital asset ETFs, including those tracking Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC), are also being considered.
This filing follows a broader trend of growing institutional interest in crypto ETFs. In late January, asset manager 21Shares also applied for a spot Polkadot ETF, signaling heightened confidence in DOT’s long-term potential. The SEC now has 45 days to review Nasdaq’s application, after which it can approve, deny, or extend the decision-making process.
Technical Indicators Signal a 170% DOT Breakout
As of the time of writing, Polkadot is trading at $4.40, up 1.4% on the day. The technical outlook for DOT presents a highly bullish scenario, with the asset forming a textbook falling wedge pattern—a historically reliable setup that has preceded major upward price movements.
A closer examination of DOT’s price action reveals striking similarities to its March 2024 trading pattern, where the token surged 170% following a breakout from a similar wedge formation. Historically, DOT has exhibited a strong tendency to rally after breaking out of falling wedge patterns, making this a key inflection point for traders.
Momentum indicators further reinforce the bullish outlook. DOT’s Relative Strength Index (RSI) currently sits at 37, indicating that the asset remains in oversold territory with significant upside potential. With buyer accumulation increasing and selling pressure waning, DOT appears poised to capitalize on this dip before an explosive breakout takes place.
BTC | NEWS | Abu Dhabi Invests $436.9M in ETFAbu Dhabi's sovereign wealth fund, Mubadala Investment Company, has made a significant investment in Bitcoin by purchasing $436.9 million in shares of the iShares Bitcoin Trust (IBIT).
This MUST be a clear indicator that they are bullish on BTC, at least for the longer term.
Investment firms most commonly invest with the eye on the longer term, and are usually unphased by short term swings like daily or even weekly corrections. This is, if anything, extremely bullish for BTC in the longer term (1 year and possibly beyond).
In similar news; the potential of the SEC approving XRP ETF is causing optimism for XRP.
XRP has recently made great progress in terms of fundamentals, more on that HERE:
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BINANCE:BTCUSDT
ETHEREUM ($ETH) – COULD STAKING ETFs TRANSFORM THE NETWORK?ETHEREUM ( CRYPTOCAP:ETH ) – COULD STAKING ETFs TRANSFORM THE NETWORK?
(1/7)
Ethereum fees (i.e., network revenue) are climbing as DeFi, NFTs, and now potential staking ETFs attract more usage and institutional capital. Let’s see what’s moving the second-largest crypto by market cap! 🚀💎
(2/7) – RECENT “REVENUE” TRENDS
• Network fees jumping with higher on-chain activity (DeFi, NFTs)
• Potential ETF staking could funnel institutional money and supercharge Ethereum’s fees & usage
• ETH price at $2,647—some say undervalued vs. historical highs & future prospects 💸
(3/7) – STAKING NEWS & IMPACT
• CBOE BZX filed to add staking to 21Shares Ether ETF—a first in the U.S. if approved 🏆
• ETH spiked +3% on Feb 13, 2025, after the news broke 📰
• Could pave the way for more institutional ETH adoption & yield opportunities
(4/7) – CRYPTO SECTOR COMPARISON
• NVT ratio (network value to transactions) suggests Ethereum might be undervalued given expected usage hikes
• Competitors (e.g., Solana, Cardano) also have DeFi & smart contracts, but ETH’s brand & developer base remain top-tier 🏅
• If staking ETFs become mainstream, ETH’s yield potential could shine even brighter 🌟
(5/7) – RISK ASSESSMENT
• Regulatory: SEC scrutiny of staking—could they tighten the reins? ⚖️
• Market Volatility: Crypto can pivot from bull to bear in a heartbeat 😱
• Tech Hurdles: Ongoing Ethereum upgrades (sharding) face potential delays ⏳
(6/7) – ETHEREUM SWOT HIGHLIGHTS
Strengths:
Leading smart contract platform, huge dev community
Growing staking potential, possibly extended to ETFs
Weaknesses:
High gas fees + ongoing scalability concerns
Regulatory uncertainties around staking
Opportunities:
If ETF staking passes, institutional inflows could surge 💰
DeFi & NFT expansion continue to drive demand
Threats:
Lower-fee rivals like Solana or Polygon on the rise 🌐
Potential crackdowns on staking by regulators
(7/7) – Is Ethereum undervalued at $2,647 given the ETF staking hype?
1️⃣ Bullish—ETH’s about to skyrocket! 🚀
2️⃣ Neutral—Show me actual adoption first 🤔
3️⃣ Bearish—Competition & regulation overshadow it 🐻
Vote below! 🗳️👇
Sector Rotation Analysis: A Practical Tutorial Using TradingViewSector Rotation Analysis: A Practical Tutorial Using TradingView
Overview
Sector rotation is an investment strategy that involves reallocating capital among different sectors of the economy to align with their performance during various phases of the economic cycle. While academic studies have shown that sector rotation does not consistently outperform the market after accounting for transaction costs, it remains a popular framework for portfolio management.
This tutorial provides a step-by-step guide to analyzing sector rotation and identifying leading and lagging sectors using TradingView .
Understanding Sector Rotation and Economic Cycles
The economy moves through distinct phases, and each phase tends to favor specific sectors:
1. Expansion : Rapid economic growth with rising consumer confidence.
- Leading Sectors: Technology AMEX:XLK , Consumer Discretionary AMEX:XLY , Industrials AMEX:XLI
2. Peak : Growth slows, and inflation may rise.
- Leading Sectors: Energy AMEX:XLE , Materials AMEX:XLB
3. Contraction : Economic activity declines, and unemployment rises.
- Leading Sectors: Utilities AMEX:XLU , Healthcare AMEX:XLV , Consumer Staples AMEX:XLP
4. Trough : The economy begins recovering from a recession.
- Leading Sectors: Financials AMEX:XLF , Real Estate AMEX:XLRE
Step 1: Use TradingView to Monitor Economic Indicators
Economic indicators provide context for sector performance:
GDP Growth : Signals expansion or contraction.
Interest Rates : Rising rates favor Financials; falling rates benefit Real Estate.
Inflation : High inflation supports Energy and Materials.
Step 2: Analyze Sector Performance Using Relative Strength
Relative Strength RS compares a sector's performance against a benchmark index like the
SP:SPX This helps identify whether a sector is leading or lagging.
How to Calculate RS in TradingView
Open a chart for a sector TSXV:ETF , such as AMEX:XLK Technology.
Add SP:SPX as a comparison symbol by clicking the Compare ➕ button.
Analyze the RS line:
- If RS trends upward, the sector is outperforming.
- If RS trends downward, the sector is underperforming.
Using Indicators
e.g.: You may add the Sector Relative Strength indicator from TradingView’s public library. This tool ranks multiple sectors by their relative strength against SP:SPX
Additionally, you can use the RS Rating indicator by @Fred6724, which calculates the Relative Strength Rating (1 to 99) of a stock or sector based on its 12-month performance compared to others in a selected index.
Example
In early 2021, during economic recovery, AMEX:XLK 's RS rose above SP:SPX , signaling Technology was leading.
Step 3: Validate Sector Trends with Technical Indicators
Technical indicators can confirm sector momentum and provide entry/exit signals:
Moving Averages
Use 50-day and 200-day Simple Moving Averages SMA.
If a sector TSXV:ETF trades above both SMAs, it indicates bullish momentum.
Relative Strength Index RSI
RSI > 70 suggests overbought conditions; <30 indicates oversold conditions.
MACD Moving Average Convergence Divergence
Look for bullish crossovers where the MACD line crosses above the signal line.
Example
During the inflation surge in 2022, AMEX:XLE Energy traded above its 200-day SMA while RSI hovered near 70, confirming strong momentum in the Energy sector.
Step 4: Compare Multiple Sectors Simultaneously
TradingView allows you to overlay multiple ETFs on one chart for direct comparison:
Open AMEX:SPY as your benchmark chart.
Add ETFs like AMEX:XLK , AMEX:XLY , AMEX:XLU , etc., using the Compare tool.
Observe which sectors are trending higher or lower relative to AMEX:SPY
Example
If AMEX:XLK and AMEX:XLY show upward trends while AMEX:XLU remains flat, this indicates cyclical sectors like Technology and Consumer Discretionary are outperforming during an expansion phase.
Step 5: Implement Sector Rotation in Your Portfolio
Once you’ve identified leading sectors:
Allocate more capital to sectors with strong RS and bullish technical indicators.
Reduce exposure to lagging sectors with weak RS or bearish momentum signals.
Example
During post-pandemic recovery in early 2021:
Leading Sectors: Technology AMEX:XLK and Industrials AMEX:XLI
Lagging Sectors: Utilities AMEX:XLU
Investors who rotated into AMEX:XLK and AMEX:XLI outperformed those who remained in defensive sectors like AMEX:XLU
Real-Life Case Studies of Sector Rotation
Case Study 1: Post-Pandemic Recovery
In early 2021, as economies reopened after COVID-19 lockdowns:
Cyclical sectors like Industrials AMEX:XLI and Financials AMEX:XLF outperformed due to increased economic activity.
Defensive sectors like Utilities AMEX:XLU lagged as investors shifted away from safe havens.
Using TradingView’s heatmap feature , investors could have identified strong gains in AMEX:XLI and AMEX:XLF relative to AMEX:SPY
Case Study 2: Inflation Surge in Late 2022
As inflation surged in late 2022:
Energy AMEX:XLE and Materials AMEX:XLB outperformed due to rising commodity prices.
Technology AMEX:XLK underperformed as higher interest rates hurt growth stocks.
By monitoring RS lines for AMEX:XLE and AMEX:XLB on TradingView charts, investors could have rotated into these sectors ahead of broader market gains.
Limitations of Sector Rotation Strategies
Transaction Costs : Frequent rebalancing can erode returns over time.
Market Timing Challenges : Predicting economic cycles accurately is difficult and prone to errors.
False Signal s: Technical indicators like MACD or RSI can produce false positives during volatile markets.
Historical Bias : Backtested strategies often fail when applied to future market conditions.
Conclusion
Sector rotation is a useful framework for aligning investments with macroeconomic trends but should be approached with caution due to its inherent limitations. By leveraging TradingView ’s tools, such as relative strength analysis, heatmaps, and technical indicators, investors can systematically analyze sector performance and make informed decisions about portfolio allocation.
While academic research shows that sector rotation strategies do not consistently outperform simpler approaches like market timing or buy-and-hold strategies, they remain valuable for diversification and risk management when used judiciously.
Avax analysis and review: another rise or fall?hello guys
We came with Avax analysis.
This coin has been suffering for almost 35 days after its price drop, and now that the price is at the bottom of the trading range, it is expected that we will have an upward movement by maintaining the support range up to the ceiling of the trading range.
In case of failure, we will give you a new update.
*Trade safely with us*
Grayscale Files for Spot XRP ETF: A Game-Changer for XRPThe cryptocurrency market is abuzz with the latest news that Grayscale, one of the largest digital asset management firms, has filed for a Spot XRP ETF with the NYSE. This development comes at a pivotal moment for XRP, as the Ripple team appears to be nearing a resolution in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). The combination of these factors has sparked renewed interest in XRP, with whales accumulating the asset and technical indicators hinting at a potential bullish breakout. Let’s dive into the fundamental and technical aspects of this story to understand what it means for XRP and the broader crypto market.
Why Grayscale’s Spot XRP ETF Matters
Grayscale’s decision to file for a Spot XRP ETF is a significant endorsement of XRP’s potential. ETFs (Exchange-Traded Funds) are widely regarded as a bridge between traditional finance and the crypto market, offering institutional and retail investors a regulated and accessible way to gain exposure to digital assets. A Spot XRP ETF would allow investors to buy shares that directly reflect the price of XRP, without needing to hold the asset themselves. This could lead to increased liquidity, broader adoption, and a surge in demand for XRP.
The filing also signals growing institutional confidence in XRP, particularly as Ripple’s legal battle with the SEC appears to be nearing a conclusion. A favorable outcome for Ripple could remove a major regulatory overhang, paving the way for XRP to reclaim its position as one of the top cryptocurrencies by market capitalization.
Whale Activity: A Bullish Signal
On-chain data reveals that whale activity for XRP has hit record highs, with the number of wallets holding between 1 million and 10 million XRP reaching an all-time high of 2,083. This accumulation trend suggests that large investors view XRP as undervalued and are positioning themselves for a potential price surge. Historically, such whale activity has often preceded significant bullish rallies, as it indicates strong confidence in the asset’s future prospects.
Technical Analysis
As of the time of writing, XRP is up 1.96%, trading in a moderate zone. The candlestick chart shows a Doji and a Spinning Top, which typically indicate market indecision. However, the Relative Strength Index (RSI) stands at 62, placing CRYPTOCAP:XRP on the cusp of a bullish run. This suggests that despite the current indecision, the asset has the potential to break out if buying momentum increases.
Key support levels to watch include the 38.2% Fibonacci retracement level, which could serve as a strong entry zone for traders. On the upside, breaking past the $3.40 resistance level could ignite a rally toward $4 and beyond, with some analysts even predicting a long-term target of $20.
Market Sentiment
The broader crypto market remains volatile, but the increased interest from whales in both XRP and Cardano (ADA) suggests that these assets could be poised for significant movements in the near term. If XRP can maintain its bullish momentum and hold above key support levels, it could attract even more retail and institutional interest.
What’s Next for XRP?
The combination of Grayscale’s ETF filing, record-high whale activity, and the XRP Ledger’s fundamental strengths creates a compelling case for XRP’s future growth. While the market remains volatile and regulatory uncertainties persist, the potential for a bullish breakout is undeniable.
Investors should keep a close eye on the following factors:
Regulatory Developments: A favorable resolution to Ripple’s legal battle with the SEC could remove a major obstacle and boost confidence in XRP.
ETF Approval: If Grayscale’s Spot XRP ETF is approved, it could open the floodgates for institutional investment.
Technical Indicators: Watch for a break above key resistance levels, such as $3.40, which could signal the start of a sustained rally.
Conclusion
Grayscale’s Spot XRP ETF filing marks a potential turning point for XRP, as it combines strong fundamentals, technical indicators, and growing institutional interest. While the crypto market remains unpredictable, the stars appear to be aligning for XRP to make a significant move. Whether you’re a long-term investor or a short-term trader, now is the time to pay close attention to XRP’s developments. The next few weeks could be pivotal in determining whether XRP reclaims its status as a top-tier cryptocurrency.
Stay tuned to The Bit Journal for the latest updates and insights on XRP and the broader crypto market. The future of CRYPTOCAP:XRP looks brighter than ever—don’t miss out on what could be the next big opportunity in crypto.
Solana Update: Is another rise coming?hello friends
We came with Solana's analysis.
This coin, whose signal we already gave you and it was pumped by 60%, now by being in this triangle pattern, it gives us this signal that with the failure of the triangle, we can enter into a transaction with capital management...
*Trade safely with us*
Why Blind Index Investing Could Be Costing You Thousands?!Index-based investing has been one of the most popular ways to grow a long-term portfolio for decades. Today, it has become even more accessible and favored, offering a safer foundation for investing and generally carrying lower risk compared to portfolios composed of individual stocks. For someone like me, a technical analyst, index investing isn't exactly an adrenaline rush. Under societal pressure, I decided to test a few hacks and dive deeper into it ;)
I set out to compare three of the most popular U.S. index ETFs – SPY (S&P 500), QQQ (Nasdaq 100), and IWM (Russell 2000) – and analyze how to implement a brief technical analysis into index selection could influence long-term results. Starting in 2005, I "invested" $1,000 every quarter, completing a total of 81 test purchases. Each time, I selected the index that technical analysis suggested was in the strongest position.
If done strictly and consistently, there were often situations where all three indices had just reached their all-time highs. In those moments, I had to make a choice. Technical analysis is not just about drawing lines on a chart – experience, market intuition, and behavioral patterns of the price play a big role here.
My Test and Strategy
The goal was to compare the following three U.S. index ETFs:
- SPY (S&P 500)
- QQQ (Nasdaq 100)
- IWM (Russell 2000)
Test conditions:
- Start date: 2005
- Investment period: 81 quarters
- Mandatory quarterly investment: $1,000
- Index selection: Based on technical analysis and market intuition.
Distribution of trades during the test period:
- SPY: 35 times
- QQQ: 31 times
- IWM: 15 times
The chart illustrates SPY, QQQ, and Russell with blue arrows marking purchase points.
Results of the Experiment
Performance of my strategy:
- +344% return
- Invested: $81,000
- Final value: $360,000
Comparison indices (each quarter regular purchases):
- SPY: +233% (final value: $272,000)
- QQQ: +579% (final value: $552,000)
- IWM: +128% (final value: $186,000)
My strategy outperformed SPY and IWM because I focused on selecting the ETFs in the strongest technical condition at the time. While QQQ delivered higher absolute returns, my diversified approach offered competitive returns with lower risk and more stable outcomes.
Key Takeaways
1. Diversity and Stability: Risk Mitigation and Return Optimization
The goal wasn't just maximum returns but also reducing risk and adopting a smarter approach. While QQQ had the highest returns, remember that it is heavily concentrated in the technology sector, making it riskier. Back in 2005, it wouldn't have been easy to predict that QQQ would outperform. A technical analysis strategy allows for risk diversification by choosing the strongest index at any given time, delivering significant returns while maintaining diversity and stability.
2. Thoughtful Regularity Outperforms Blind Regularity
Strict quarterly investing avoids the biggest mistake investors fear – timing the market. Regularity is crucial, but it needs to be thoughtful. The tests showed that blind purchasing could be costly: for instance, regular SPY purchases would have left $100,000 on the table, and IWM even more. My strategy allowed selecting the strongest index at each point, yielding significantly better returns.
3. Wrong Index Choice Can Be Costly
Had I chosen only IWM throughout the period, my return would have been just +128%. This clearly shows the importance of not sticking to one index but instead evaluating regularly to find the one with the greatest potential at any given time.
How to Choose the Best Index: Follow my Newsletter to Guide You
One of many of the topics of this newsletter (You will find it here, in the profile section, visiting my "website") will be sharing my monthly and quarterly top lists of indices, making regular purchases easier for you. The test proved that sticking to one index isn’t the best way forward – but which one should you choose? That’s where the monthly top list comes in.
I firmly believe this strategy and approach have significant potential to help investors make smarter and more confident decisions. That’s why I’m starting a newsletter, where one of the many topics will be sharing this list regularly:
- The technically strongest indices for investing.
- Explanations of why a particular index is technically more attractive than others.
Conclusion
My research proves that technical analysis and understanding of charts can be powerful tools for long-term index investing. Regularity, fact-based decisions, and risk diversification help achieve optimal results.
Your portfolio deserves better decisions. Don’t waste time analyzing indices yourself.
All the best,
Vaido
TradeCityPro | LTCUSDT Potential Approval of ETFs👋 Welcome to TradeCityPro Channel!
Let’s delve into the analysis of LTC, one of the oldest coins in the market. Recently, there have been rumors about its potential inclusion in ETFs, which could attract a good amount of capital and lead to promising movements in the future.
🌐 Overview Bitcoin
Before starting today’s altcoin analysis, let’s look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday’s correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
In the weekly timeframe, Litecoin’s chart reminds me of forex charts because it’s one of the oldest coins that has survived and spent a significant amount of time in a ranging market.
As a reminder, don’t develop emotional attachments to your coins. Don’t assume that any coin is guaranteed to rise. We are here to trade and improve our lives through trading. The chart is what matters. Many coins that were in the top 10 during previous bull runs no longer exist, and Litecoin remains due to its role as a payment coin.
If you entered at the 75.91 breakout trigger, I suggest holding your position for now. It seems like the news of ETF approval is being priced in, but be aware of the risk and continue holding. Breaking the 135.55 trigger will be challenging.
For a new buy entry, the current trigger is the 135.55 breakout. Until the price drops below 47.19, holding is a viable option. Personally, I wouldn’t buy into it, as even the founders of this project seem to have abandoned it.
📈 Daily Timeframe
In the daily timeframe, Litecoin shows an upward trend. After breaking the 74.72 resistance (the top of its daily box), it moved far from it without even a pullback, indicating its relative strength compared to other altcoins.
Following the 74.72 breakout, the price reached the critical weekly resistance of 136.97 and then corrected to 97.91. Drawing a Fibonacci retracement reveals that the 97.91 support aligns with the 0.382 Fibonacci level. A breakout from this level could spark a sharp new upward movement.
Currently, the price is below the critical 136.97 resistance. Buying after a breakout here would be logical and worth the stop-loss risk. Given the recent strong volume, a breakout above 136.97 with a stop-loss at 97.91 is a reasonable entry strategy.
In case of a drop, the price could pull back to the 116.76 level initially and potentially further to 97.91. However, momentum would likely weaken at this point. If 97.91 breaks, deeper corrections could occur, targeting 83.53 and 74.22, though a drop below 97.91 seems unlikely for now.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after a false breakout below the 97.91 support, Litecoin began a sharp upward movement, shifting its cyclical trend in this timeframe.
📈 Long Position Trigger
I plan to open a futures position after a breakout above 137.99 or earlier if I observe strong momentum. I’ve partially locked in profits from my entry at 104.95.
📉 Short Position Trigger
I won’t consider it as long as the price stays above 115.42 unless the price forms lower highs and lows. Even then, I’d focus on coins still in their daily range boxes rather than those with an upward trend like this one.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
BITCOIN UPDATES FOR ENTRIESWere still on a Bullrun, but we might see an clear of LONGS here!. if the premiums clear. wait for pullback.
This idea would manipulates the LONGS. or the price could go back to 78k? before we go higher.
This is only my view for now. I'm still bullish on MARKETSCOM:BITCOIN , this is not a financial advice, do your own research base on the sentiments right now.
The long-term still on 128k? probably yes, but at what timeframe.
follow for more. I will be posting daily updates on other pairs.
Come and check this out.
Daily reminder you need to rest on weekends. the market is just making liquidity.
Lock in boys.
keep stackingsss satttssss.. I believe on this coin. As we can see the US markets especially the ETFS, could drive the price high before our eyes.