If the annoucement from SEC comes hawkish for POS chains. Can Atom hold and make a possible right shoulder that will indicate a future potential visit to 20. Atom/btc is performing well.
Solana Defi TVL is suffering since we got the FTX news. The chart shows a rejection from 0.618 which could send the price lower.
The token isn't bullish in any way although the SEC news could impact the outcome I lean more to the first target. But if the macro events go south, xrp can drop anywhere from 0.35 to 0.28
The marked red zone is the one with the most volume and trading interest. if cardano is crossing 1.45 ~1.50 we can expect further upside to ATH.
As per ichimoku cloud, Zilliqa is trying to break 0.085 ~0.09 resistance. We can see the price is traversing the bearish red cloud, our blue conversion line gave us a possible entry signal since it crossed the base red line. The lagging yellow is going up to further provide a strong long signal. Waiting for the new green bullish cloud for form on the daily. Short...
IMHO xrp formed inverted H&S and it's trending on ascending channel. On the other end if bitcoin drops it may see 0.17 again and make a double bottom.
On this analysis my goal is proving the descending triangle was the long trend for xrp/usd which was confirmed later on August 2019. Xrp tried to pierce the resistance one more time at February but Covid-19 provided the invalidation. Now xrp/usd is trading on the 0.11 ~ 0.34 range ascending channel. For a bullish scenario it will need to break the 0.34 resistance...
The general idea here is the bloomig of fibo levels in present - maybe will burst or just continue sideways.