- Both daily and hourly charts indicate a possible downtrend. - A 1 HR FVG sits between 98,754 and 98,916, which could act as resistance. - Multiple bearish FVGs sit above the HR FVG, so I see a good amount of resistance in the near term. - A big liquidity zone is under the last Lowest Low (96,256.75), which has yet to be swept. - If 96,256.75 finds no support, we...
- A 4-hour SIBI FVG has been established between $2.59–$2.56, which could be a strong resistance to keep prices from climbing. There is also a 1-hour SIBI within that area which gives me more of an indication for resistance. - If the $2.20s range is to be reached, the first price point to monitor would be $2.4873. If price does not hold and falls below, that...
There is a good chance price starts to move sideways. A weekly SIBI has formed at 2.59-2.89 and might be the resistance to keep price sideways. If price does not, I foresee a possible bear retracement occurring. Multiple FVGs are below current price (2.34). A 4HR SIBI rests at around 2.45-2.46. If price does go up, that SIBI might be the resistance to hold...
XRP is currently experiencing a downward trend across both 4-hour and 1-hour timeframes. The key level to watch is $3.00, which needs to establish as support to reverse the current bearish trend. XRP is currently in a downtrend in both 4-hour and 1-hour timeframes. To break the trend, price needs to find support at $3.00. A 1-hour liquidity zone...
Based on what I am seeing, HBAR, at some point, will be dropping to the .20cents range. Do not panic and sell. Hold and buy more. HBAR will go back to the 30 cent zone after. Fear not!
My technical analysis suggests XRP might be facing a significant downward pressure in the near term. Here's what I think the charts are telling me: Current Market Structure: - Technical indicators show a descending expansion pattern with lower highs, suggesting bearish momentum Key Support Levels: - Primary support: $3.03 - Secondary support: $3.00 - Critical...
Giving this another go. I have no idea what the heck is going on with XRP and why the price drop but there is a possibility to buy more XRP below $3. - I see a descending triangle formation, which can signal a continuation downtrend. - I established a support line with at around 3 bucks. - If XRP falls to this support, we could look for a bounce back or further...
My first TA lol Please critique it and help me get better lol If price is currently near the upper green line and gets rejected (i.e., it fails to close above it on strong volume), it’s likely to turn downward and test the lower boundary again. Since the channel is angled downward, each new low within that channel may be lower than the previous low....