Bitcoin (BTC) is looking positive today, thanks to the emergence of an inverse head and shoulders pattern. The successful rebound from the 29,500 USD resistance level indicates a robust pattern in full swing, setting the technical target at approximately 30,630 USD. Remarkably, Ethereum (ETH) is also displaying a similar pattern on its chart, signaling a...
The formation of an inverse head and shoulders pattern has provided Bitcoin (BTC) with a positive outlook for the day, successfully rebounding from the resistance level at 29,500 USD. As this pattern is already in full swing, the technical target is now set at approximately 30,630 USD.
By this point, it is widely acknowledged that XRP possesses significant potential, and when we say significant, we truly mean it. However, is it plausible for the scenario outlined in the weekly timeframe to actually materialize? Should this scenario unfold as anticipated, it would imply a price surge to reach an astonishing 660 USD per unit of XRP.
Title: XRP's Bullish Momentum Surges as MACD Signals Positive Shift The XRP cryptocurrency has recently experienced a notable positive shift in its MACD momentum, which marks the second occurrence following a series of optimistic news within the broader crypto industry. One particularly impactful development is the official declaration that XRP is not classified...
Amidst turbulence in major cryptocurrency pairs, XRP remains resilient and continues its robust performance. Technical analysis indicates an imminent confirmed breakout, with potential for continuity across larger timeframes. Key points: - MACD signals an upward crossover on the 2-hour chart. - Breakout confirmed as the entire candle surpasses the major resistance point.
BTC remains confined within the range of 29500 and 31437.94. A significant price swing and closing on higher timeframes will signal either an upward or downward movement. Considering the recent trend leaning towards the upside and the breakdown of DXY, the likelihood of an upward move appears stronger.
"XRP is breaking out! With the current price holding at 14:00 CET, a promising setup for a new long trade emerges. The 1-hour, 2-hour, 3-hour, and 4-hour timeframes are all poised to break out and close above the resistance. The moon next for XPR?
If we consider this as a potential giant bull flag on the D1 chart, a logical next bullish target for BNB could be set at 70k
Based on the latest technical analysis, DKY is poised to reach $89, signaling strong bullish prospects for cryptocurrencies. The outlook is notably optimistic.
Is the Second Technical Breakout Imminent After XRP's Non-Security Declaration? Currently, we find ourselves at a crucial technical level on Tuesday. The 4-hour MACD suggests a bullish outlook, with a potential bullish divergence supporting the breakout towards the target at 1.5 dollars.
The XRPUSDT has successfully reached the 50% Fibonacci retracement level, indicating a positive development. Following the recent declaration by the SEC that XRP is not considered a security, the asset appears poised to continue its bullish momentum. The initial target remains at 1.5, with an ambitious second target set at 8 dollars. Given the highly positive...
XRP looks strong, very strong. Bounces off resistance and ready to fly? Not many to challenge XRP now when they are considered not a security! Let`s hit the 1,5 dollar level! The 8 dollar level is considered the moon, or beyond?? :)
Huge bull flag to break out soon in the XRPUSDT? The 1.5 target is messured from the bottom of the last flag poll before the xrp rally to the latest high. The next break out to make close to 100%?