$RNDR fell back to monthly support after losing up trend. But in bigger picture, still preserves its bullish structure. My short term and mid term targets from $RNDR.
Bitcoin very rarely goes below EMA20 in a 3 Month chart. In matter fact this happened first time in this bear market due to FED politics and constant bad news such as FTX and LUNA crashes.
Right now, we are above EMA20 again and at the strong support. Unless there is a gigantic bad news, i think we have passed the bad season and only go up from here.
Last time Eth broke this support when FTX crashed. But other than that it never broke it because it's a key trend support. I'm expecting bullish movement unless there is a FTX kind of bad news.
My last ripple analysis invalidated since Bitcoin saw huge crash due to global news. I don't trust current market conditions right now. For me best place to try long around purple zone.
#ETH is accumulating in purple zone and it's very close to weekly support. We might see a pump towards monthly resistence. That will also trigger altcoin rising.
