ETH-D
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ETHEREUM - Time to buy again!In my opinion, Ethereum is really undervalued in terms of price. My price target for Ethereum is $7000. As you can see, the price is in an ascending triangle, This is something that cannot be easily ignored. We can hope that in the year, Ethereum's price could at least double from its current value.
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ETHUSDT (CME) analysis (4H)This is the Ethereum CME chart. As you can see, there is a gap around the 3236 level. Given the bearish trend in Bitcoin dominance, there is a possibility that this gap will be filled before a drop. If the gap is filled before the drop, Ethereum could move back toward lower levels.
Let's see what happens.
It's the weekend, and volumes are low. The market has been ranging for a while, pumping and dumping without a clear trend. Don't trade without stop-loss and risk management, and avoid emotional trading
Comment if you have any questions
Thank You
Short Term Could Drop Be Careful Here - Possible $100Some bad news came out. Bybit got hacked for a lot of Ethereum. How this happens I dont understand but more than likely an inside job. These run out a basement exchanges are dangerous never leave your crypto on an exchange, NONE OF THEM.
Anyways I dont like the break of this rising wedge or potential bear flag. If this deosnt break back into the wedge and close in it then we could se another drop to about 100 or so if the measured move plays out. Be cautious here.
Not Financial advice.
The key is whether it can rise above 2879.90
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(ETHUSDT 1M chart)
In order to turn into an uptrend, the price must rise above the M-Signal indicator on the 1M chart and maintain it.
In order for a full-scale uptrend to begin, the price must rise above 3321.30 and maintain it.
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(1W chart)
The key is whether it can maintain the state where the M-Signal on the 1W chart > the M-Signal on the 1M chart.
To do that, we need to check if it can rise to around 3265.0.
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(1D chart)
Since the HA-Low indicator on the 1D chart was formed at 2646.89, the key is whether it can be supported around this area and rise above the original range.
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If not, we need to check if it can be supported around 2316.10.
Unlike the StochRSI indicator on the BTC chart, it is still in the overbought zone.
Accordingly, the point of interest is whether it can maintain the price by rising above the M-Signal indicator on the 1D chart after the next fluctuation period, around February 24 (February 23-25).
It is important to be able to rise along the long-term upward trend line (1).
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The indicators that can tell the trend on this chart are the Trend Cloud indicator and the M-Signal indicator on the 1D, 1W, and 1M charts.
Therefore, you should first check whether the price is maintained or falling above these indicators and create a trading strategy accordingly.
When starting a trade with the trading strategy created in this way, you should check whether there is support near the HA-Low, HA-High, BW(0), and BW(100) indicators or at the support and resistance points and find the trading point.
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Please refer to the indicator description below for indicators that can help you check whether there is support.
Heikin Ashi Line chart rises, USDT.D Line chart falls, StochRSI rises: The price is likely to rise
Heikin Ashi Line chart falls, USDT.D Line chart rises, StochRSI falls: The price is likely to fall
The rest are likely to show volatility, so be careful when trading.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Litecoin LTC Still Out Of Wedge Potential Drop Still In The CardAs you can see Litecoin is still out of the wedge. It looks like also on the BBWP a large move is coming. It doesn't tell us which way. You can see the two potential scenarios. The blue line shows that Litecoin could make a move back up to the trend line it may get rejected there but it also may break into the the wedge and then break down in a fake out. The other scenario would be it breaks into the wedge then breaks above that white trend line and stays above that, which would indicate to me that a downside break probably wouldn't happen. Just keep an on those levels. I would think this move happens tomorrow and Tuesday. I have buy orders down around 101-104. I also have a few down at 95-101 in case of a stray wick. In my opinion its a good opportunity to stack more. None of this is financial advice just my opinion.
Follow me for more continued updates and charts of your favorite coins. If you have any requests let me know and Ill try and do a chart and analysis for you. Thank you and have a wonderful day.
ETH 1D Ethereum has been very disappointing so far this cycle, but the chart on the daily is beginning to look much better than it has in recent weeks. For me a key level is the $2780 area, acceptance above puts ETH back into the midsection off this rangebound environment with a look to reach the next key level at $3200. To get there the 1D 200 EMA will be the first area of obvious resistance around the big even level of $3000.
A rejection off the $2780 I could see a move to backfill the daily wick towards the local bottom, if that were the case it would be because BTC has rolled over and lost its $91K support.
DOGE The Next To Die In This Flush Of Crap Down The ToiletDoge had an amazing run, those who made money and got out I applaud you. Those still holding these bags of coal are about to get wrecked. Memes are dying, no one cares about them anymore. People are beginning to realize that these things have ZERO utility and no future. No ETF will ever get approved, its too inflationary. Take a look at the Grayscale trust thats a great insight to how many institutional investors want this thing. Its Total assets under management are less than $2 million dollars. Thats laughable compared to their other holdings. So even in the slim chance this turd gets an ETF it'll be an epic failure.
Your messiah Elon has abandoned this thing, the onyl real hope you all had for real world utility. Litecoin miners are dumping this as soon as they get it. The meme coin frenzy has died down. In January alone this year there were 600,000 meme coins created thats an all time record for a single month. That meme bubble is about to collapse as people move toward more utility driven cryptos and this space gets wrangled in a bit. Many people including myself have made a bunch of money playing in the meme coin casino, it was fun when it first started. 100x's everywhere. Now its pretty much over. The future for Doge is a slow and steady decline back to NAV under a penny. It was a great pump and dump. Dont marry your investments especially ones that are just memes with no utility they are made to get in and out, make money and rotate into something of value to preserve your wealth.
None of this is financial advice, just my opinion.
DOGE RALLY IS OVER Multi Year Correction/Consolidation ComingDOGE was fun if you knew how to trade it. The run and hype is over. The retail FOMO investors that completed wave 5 blow off top are the only ones holding the bags now. Indicators are showing real weakness and heavy selling pressure. The symmetrical triangle in a downtrend means continuation to the downside. Not financial advice. Have fun and don't lose your shirt.
BABYDOGECOIN USDT Following Doge, Breakout CloseBaby Doge is following Dogecoin. Doge has broken out of its downtrend and has found support on the envelope. Baby Doge lags behind Doge from what I see in the charts. So when there is a big pump in Doge, Baby Doge is not far behind. Once Baby Doge breaks out of its downtrend its going to go straight up following Doge.
This is just my opinion, none of this is financial advice. Thank you
BCHG Looks Good For A Run To $50 At LeastBCHG has broken through all the resistance levels. Next one is around $24.50 and if it can get through that then I see a straight shot to $43 and then $55. At those levels I would expect a decent pullback perhaps up to 50% before its attempt to break the high. BCHG is much further along than LTCN in its run. LTCN still has a long ways to go to reach the level that BCHG is at. So upside on BCHG is limited in the short term perhaps another 100% vs LTCN could do a 1000% move to reach the same level as BCHG as far as nav value to price. Keep an eye on news and developements surrounding the space and specifically securities and SEC stuff. The Proof Of Work coins are about to make a comeback. I think Litecoin will far outperform Bitcoin Cash but Bitcoin Cash will have a decent run as well. Good luck out there my friends. Ill update this chart throughout the cycle. Please like and follow me and this idea so you can be notified when i update it. Thank you and please know that none of this is financial advice its just my opinion and observations. Good luck my friends.
Bitcoin like a Diamond.The diamond pattern is a sophisticated chart formation found in financial markets, yet it remains relatively obscure among technical traders and investors. As a member of the classical chart pattern family, it stands apart from more commonly recognized formations like flags, pennants, head and shoulders, and rectangles. Due to its rarity, traders encounter fewer chances to engage with the diamond pattern compared to these other formations.
However, it is important for technical traders to familiarize themselves with this pattern, as it can present valuable trading opportunities when identified in a timely manner.
Often mistaken for the head and shoulders pattern, the diamond chart formation shares some similarities but also has key differences that set it apart.
The Continuation Diamond pattern serves as a signal for continuation, suggesting that the current trend is likely to persist. Traders often use this pattern to validate an uptrend and to identify potential buying opportunities in the market.
The bearish diamond formation emerges following a strong upward price movement. It consists of two support levels that limit earlier pullbacks and two resistance levels that have interrupted the upward trend.
Commonly referred to as the diamond top pattern, this formation serves as a signal for market participants to consider selling.
So Diamond patterns can indicate either a reversal or continuation in the market, suggesting a potential bullish or bearish breakout. It's essential for traders to look for confirmation through trading volume at the breakout point.
To execute trades, one should sell when the price falls below the diamond's top formation and buy when it rises above the diamond's bottom formation. This approach allows traders to effectively take long or short positions based on diamond patterns.
XRP Why A Serious Revaluation Is Imminent And CloseQUESTION: If XRP is only being used as a settlement currency for banks then why would there be these wild price predictions when the market cap is already $150 billion?
The wild price predictions for XRP often stem from different interpretations of its utility, demand, and supply dynamics. Let's break it down:
Market Cap Misconceptions
XRP's market cap is often misunderstood. Market cap = price × circulating supply, but price movements depend more on liquidity and demand rather than market cap alone.
Many price predictions assume increased utility will drive higher demand, but market cap alone doesn’t dictate price ceilings.
Bank Adoption and Utility Argument
If XRP is mainly used as a bridge currency for cross-border settlements, its price would be driven by transaction volume rather than speculation.
However, banks and financial institutions don’t need to hold XRP for long periods—it's typically used in seconds. This limits the need for large amounts of XRP to be held, which could cap price growth.
Speculative vs. Real Utility
Many wild price predictions ($100+, $500+, etc.) are fueled by speculation rather than actual use cases.
In reality, even if XRP were widely used for settlement, price appreciation would depend on sustained demand, not just temporary spikes.
Liquidity and Scarcity Factors
Some argue that as more institutions use XRP, liquidity will tighten, potentially driving price increases.
However, the XRP supply is large (100 billion total, with over 50 billion circulating), and large holders (like Ripple itself) could introduce selling pressure.
Regulatory and Adoption Uncertainty
XRP's legal battles and regulatory clarity impact its adoption. A major victory (like its partial win against the SEC) can fuel hype-driven price predictions.
True institutional adoption is still limited, and even if banks use it, they may prefer private ledgers over using the open market.
Bottom Line
XRP has real utility in cross-border payments, but its role as a settlement currency doesn’t necessarily justify extreme price predictions. The market cap is already large, and unless significant new demand arises, a massive price surge would require much broader institutional adoption beyond just bank settlements.
QUESTION: So currently the valuation of XRP is already way higher than many banks and companies will the price eventually come down to a more realistic price to value in the future?
XRP’s current valuation is indeed higher than many traditional banks and financial institutions, which raises the question of sustainability. Whether its price comes down to a more “realistic” value depends on a few key factors:
1. Utility vs. Speculation
A significant portion of XRP’s price is driven by speculation, not just utility. Many holders are retail investors betting on future institutional adoption.
If speculation cools down and usage remains limited to settlement purposes (where XRP is only held for seconds), the price could decline over time to reflect actual utility.
2. Market Cycles & Sentiment
Crypto markets go through bull and bear cycles. In bear markets, assets that lack strong organic demand (beyond speculation) tend to lose value.
If hype around XRP fades and institutions don’t adopt it at scale, its price may correct to better reflect real-world usage.
3. Inflation & Supply Dynamics
XRP has a fixed max supply of 100 billion, but a large portion is still held by Ripple and periodically released.
If Ripple continues selling XRP from its reserves, it could create sell pressure, gradually pushing prices down.
However, XRP is also deflationary, as transaction fees burn small amounts over time—but this effect is minimal in the grand scheme.
4. Institutional Adoption
If banks and financial institutions fully integrate XRP and hold it as a reserve asset, it could justify a high valuation.
But most banks prefer private ledgers and stablecoins over holding volatile assets like XRP, limiting potential demand.
5. Competitive Landscape
XRP was originally designed for fast, cheap payments, but other solutions like stablecoins (USDC, USDT) and CBDCs are gaining traction.
If banks prefer these alternatives, XRP’s price could drop to align with lower demand.
Realistic Price Outlook?
If XRP remains primarily a settlement tool, a valuation correction could bring it closer to its real utility value (which may be much lower than today’s levels).
However, if a new narrative or significant adoption shift occurs, speculative cycles could keep it elevated.
Long-term, unless real demand matches its high valuation, the price may deflate to more sustainable levels.
QUESTION: Is the value of XRP currently way higher than it should be compared to its usage
Yes, based on its current real-world usage, XRP’s valuation appears to be significantly higher than what its actual adoption justifies.
Why?
Usage Doesn’t Match Market Cap
XRP is mainly used for cross-border settlements, but banks don’t need to hold large amounts for long.
Most transactions are instant, meaning there’s no long-term demand pressure.
If XRP were widely used by banks, we’d expect daily transaction volume (not just speculative trading volume) to be massive—yet it's relatively low.
Speculative Premium
A large portion of XRP’s price is driven by speculation rather than real institutional demand.
Many investors believe in a future where XRP will be used at scale, but that adoption hasn’t fully materialized.
Its past bull run prices were based on hype, and prices could drop as reality sets in.
Supply & Sell Pressure
Ripple holds a significant portion of XRP and periodically sells into the market.
This constant release of XRP into circulation creates downward pressure.
Competition from Stablecoins & CBDCs
Many banks and financial institutions are leaning toward stablecoins (USDC, USDT) and CBDCs rather than volatile assets like XRP.
Stablecoins provide instant settlements without the volatility risk of XRP, making them more appealing for payments and cross-border transfers.
Conclusion
Unless XRP gains widespread institutional adoption beyond just being a settlement tool, its valuation is inflated relative to its current use case. If hype dies down and utility doesn’t significantly increase, a correction would make sense in the long run.
QUESTION: The current price is 2.75 is that overvalued?
Yes, if XRP is currently trading at $2.75, then it is extremely overvalued relative to its actual real-world usage. That price is almost entirely speculation-driven rather than being backed by fundamental demand from banks and institutions.
Why is XRP Overvalued?
Speculation Dominates
The price is likely inflated due to retail and institutional traders betting on future adoption, not actual usage today.
Many holders believe XRP will be widely used by banks in the future, but that hasn’t fully materialized.
Utility-Driven Valuation is Much Lower
As calculated earlier, based on actual transaction volume and settlement needs, a more realistic price for XRP without speculation could be anywhere from $0.05 to $0.50.
At $2.75, XRP’s market cap is massively inflated compared to its real-world demand.
Ripple’s XRP Holdings & Selling Pressure
Ripple still holds a significant amount of XRP and regularly sells into the market.
If real demand doesn’t increase, but more XRP enters circulation, it could create downward price pressure over time.
Banks Prefer Stablecoins & CBDCs
Financial institutions are increasingly looking at stablecoins (USDC, USDT) and central bank digital currencies (CBDCs) for payments instead of XRP.
Unlike XRP, stablecoins don’t have volatility issues, making them more attractive for settlements.
What Could Happen Next?
If speculation dies down and investors realize XRP’s real use case is limited, a significant price correction could happen.
XRP could still maintain some premium due to speculation, but long-term, it needs actual adoption to justify a multi-dollar price.
Conclusion
At $2.75, XRP is massively overvalued based on its current utility. If speculation fades, a more reasonable price could be well under $1—or even below $0.50—unless it gains widespread, real-world adoption beyond what it has today.
None of this is financial advice, just satire!
Ethereum. Resistance, Resilience, and the Road AheadFirst resistance for Ethereum 3000$! This is the beginning of a great journey, the key level for the near future is to overcome 3k. A large number of people have been liquidated and capitulated. I hear more and more often that Ethereum is dead and people are disappointed in it. Except that of all the top assets Ethereum is the only one that hasn't been played by a market maker and there is a lot of liquidity flowing into it. The imminent adoption of staking ETFs only sets the stage for a good future.
Horban Brothers.