TradinSides

TradinSides

Remember that CRYPTOCAP:XRP has rallied over 100% in the last two weeks and if the $1 level is broken, we could see a possible retracement to $0.90. That is normal and a chance to buy #Ripple coin cheap. It would be advisable to monitor the BTC $90,000 level and the ETH $3000 level, which are currently experiencing pressure.

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The XRP is approaching the $1 level, which could result in a retracement to 0.9 if the major level is broken. It would be advisable to monitor the CRYPTOCAP:BTC $90,000 level and the CRYPTOCAP:ETH $3000 level, which are currently experiencing pressure.

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The first CRYPTOCAP:XRP #ElliotWave * is coming to an end. Expect a retracement. With millions of XRP, the whales will sell it at this level and buy it cheaper again. * Elliott Wave Theory is a form of technical analysis that helps traders identify and predict market trends by analyzing price patterns. It's based on the idea that market movements follow a...

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The global XRP chat is forming an inverted Double Bottom pattern. * An inverted double bottom pattern is a bullish reversal pattern that is the opposite of a regular double bottom pattern.

TradinSides Updated 

Nvidia is a great company, but its AI product is a pure luck in a vacuum of competitors, with a list of flaws such as unexpected chip delays, high-energy consumption and a need for intensive cooling. Here is how I see the future of the Nvidia stock.

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The BTC is forming the reversed Head and Shoulders There is a possibility of a potential inverse head and shoulders pattern forming in the short-term for Bitcoin.

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With Grayscale Investments recently launching the Grayscale XRP Trust, XRP can easily break out of the current triangle resistance.

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#OIL is @ $70.05 #Buy and #TP @$71.75 While major NSE:OIL producers may delay an output increase planned for next month and American Petroleum Institute (API) data showing U.S. crude oil fell by 7.431 million barrels last week.

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If this is a #HeadAndShoulders pattern forming, then it is the strangest H&S pattern I have ever seen. At the same time, I can easily see it developing into the November 2024 #elections.

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The current Oil downfall is explained with a set of recent news: OPEC on Monday cut its forecast for global #oil demand growth in 2024 citing softer expectations for #China, a reduction that highlights the dilemma faced by the wider #OPEC+ group in raising production from October. Chevron (NYSE:CVX) has achieved a technological breakthrough, producing first oil...

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OPEC on Monday cut its forecast for global #oil demand growth in 2024 citing softer expectations for #China, a reduction that highlights the dilemma faced by the wider #OPEC+ group in raising production from October.

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UToday: On the hourly chart, the price of XRP is setting new local lows. If the bar closes below the support of $0.5760, the correction is likely to continue to the $0.56 range soon.

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A potential re-test of the $58K, $55K support could happen due to negative news about Bitcoin.

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Santiment: XRP's market cap has skyrocketed once again, growing by +23% in the past 24 hours. Wallets holding between 1M-10M coins on the XRP Ledger now hold an all-time high 7.06B coins ($4.42B), and the project's social media discussions are at their highest levels since January.

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It seems like the CRYPTOCAP:XRP is planning the escape from the prison through the roof of the #BearishTriangle. Santiment: XRP's market cap has skyrocketed once again, growing by +23% in the past 24 hours. Wallets holding between 1M-10M coins on the XRP Ledger now hold an all-time high 7.06B coins ($4.42B), and the project's social media discussions are at...

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Looks like #Bitcoin is in the #SymmetricalTriangle. This pattern is characterized by both the upper and lower trendlines converging towards a point in the future. It signifies a period of indecision or consolidation in the market. Trading implications for a Symmetrical Triangle: A breakout above the upper trendline is bullish, while a breakout below the...

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If CAPITALCOM:COPPER holds the $4 support level, its next move would be to the $4.29 resistance.

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Sharing my expectations of the next Bitcoin move. It seems like it will re-test the $60K support once again.