As you can see, XRP has made quite the bullish move vs. Ethereum. However, I think this price action in the pair is a perfect opportunity to dump a coin with massive dilution problems and a dead narrative for one that will quickly outperform it. Reasons for being bearish on XRP here -double top on XRP/ETH pair -use case for XRP in Defi has been overrun by newer...
SUI's blockchain is fast and cheap - this could very well be the SOL of this cycle. And it's down almost 50% from recent highs. If you missed the entries on good blockchain projects so far this cycle, this one might suit your portfolio.
The recent bullish price action in solar names like ENPH and FLSR has me looking at SEDG. I think we can easily get a push up to the $80-90 zone.
Based on past fib levels, we can estimate that the range of possible highs for this cycle go from 168K to over 500K! I believe either or both of these could get cut short due to a market correction between now and 2025, but I will be buying dips aggressively for the next couple years.
As you can see ETH/BTC broke the recent downtrend just as many people had given up hope that it would, just in time for the first ETF decision this week. DTCC has shown that the tickers are listed, does this mean the ETF will be approved? All we're missing is a tweet from the SEC saying the ETF has not been approved, I guess. ;)
If you were holding XRP for multiple cycles, sorry for your loss! This recent false breakout was invalidated as we head into the Ethereum ETF decision coming for Van Eck's Spot ETF.
So from previous halving cycles, we can see Bitcoin usually bottoms some time before the next halving event. In the case of 2023, I believe the bottom will be in sometime between the end of March and the end of June. I'll be looking for BTC to test/reject the range at 22K and then retrace the zone between 13,800 and 11,800... I'll be buying in this whole zone...