Algorand Nears $0.45 Resistance: Breakout Targets $0.70 Algorand (ALGO) is experiencing a significant upward trend, with a 25% surge in its price over the past 24 hours. However, resistance levels around $0.45 and beyond may need to be breached for ALGO to maintain its bullish trajectory
Waiting to test the key resistance at $0.45, a breakout above this level could confirm entry opportunities. Targeting the resistance zone around $0.70.
Cryptomarket
Missed the First Move on $ALGO – Still Eyeing Big Upside!Completely missed this one, same as CRYPTOCAP:HBAR , and now I’m looking to get in. Hate missing the first move when it’s right there, especially with the monthly blocks showing the setup.
The plan is to enter closer to 33c, though I’m not sure if it’ll give that opportunity. My target is $2.30, just below ATHs.
CRYPTOCAP:ALGO still has plenty of upside.
$SUI Set for Shallow Retrace – Targeting $15CRYPTOCAP:SUI ( BINANCE:SUIUSDT ) Update:
I’m expecting a retrace on this one. If it starts trading below $2.65, that’s my first level of interest, with a potential drop down to $2.34 if it gets there.
I expect the retrace to be shallow, rather than the usual 50% pullbacks.
Long-term, I’m aiming for double digits, with a target closer to $15.
FANTOM ($FTM) Set to Surge – Heading Above $10 Soon!UPCOM:FTM Macro:
The quarterly and monthly signals are active, and the previous entry at 55c won’t be revisited.
This is a macro view, and I expect UPCOM:FTM to break above $3 and potentially aim for $12.
Dips are for buying. I just added more after reclaiming December's open. If it dips below $1, consider it a solid buying opportunity.
Stay patient and watch the price action closely. BINANCE:FTMUSDT
Cardano - Repeating the +3.000% bullish cycle!CRYPTO:ADAUSD is creating price action like back in 2020 and we might see a rally soon.
Looking at the higher timeframes allows you to massively capitalize on overall market swings and cycles. Especially when it comes to Cardano, these cycles are pretty rewarding but also pretty predictable. At the moment, Cardano is repeating price action; we saw the same pattern playing out in 2020 and this break and retest was followed by a rally of +3.000%
Levels to watch: $0.42, $0.25
Keep your long term vision,
Philip - BasicTrading
XRP to $13.69The price of XRP reaching $13.69 from its current value of $2.70 would signify a substantial 400% increase. Predicting such a move hinges on multiple factors, including fundamental developments, technical indicators, macroeconomic conditions, and XRP's role within the broader cryptocurrency ecosystem. Here's a detailed summary of why this scenario could happen:
1. Adoption as a Cross-Border Payment Solution
XRP, developed by Ripple Labs, is primarily designed to facilitate fast, cost-effective cross-border payments. Its unique consensus algorithm allows for transaction settlements in mere seconds, making it a viable alternative to traditional systems like SWIFT. If Ripple continues to secure partnerships with financial institutions, banks, and governments to streamline cross-border transactions, demand for XRP could surge significantly. For instance, expanding the use of Ripple's On-Demand Liquidity (ODL) solution, which leverages XRP as a bridge currency, could create sustained buying pressure.
2. Regulatory Clarity
Ripple’s recent legal victory over the U.S. Securities and Exchange Commission (SEC) regarding XRP's classification as a non-security has bolstered confidence among investors and institutions. Regulatory clarity can unlock new opportunities for adoption, particularly in regions previously hesitant to integrate XRP due to legal uncertainty. Positive regulatory developments could pave the way for listing on more exchanges, enhanced liquidity, and institutional investment.
3. Institutional Involvement
As institutional players increasingly recognize the potential of blockchain for remittances and settlements, XRP could see greater investment from hedge funds, payment providers, and financial institutions. With growing acknowledgment of Ripple's solutions as more scalable and energy-efficient than Bitcoin or Ethereum, XRP's price could experience a dramatic upswing.
4. Network Utility Growth
Beyond payments, Ripple is diversifying XRP’s use cases. For example, projects in decentralized finance (DeFi), tokenized assets, and central bank digital currencies (CBDCs) often use the XRP Ledger due to its speed and low cost. A rise in network activity can directly impact XRP’s valuation as more applications require the token.
5. Scarcity Through Tokenomics
XRP has a fixed supply of 100 billion tokens, with a large percentage already in circulation. Ripple Labs has committed to periodic token releases from its escrow account, ensuring controlled inflation. As adoption grows and demand rises, XRP’s fixed supply could lead to a classic supply-demand imbalance, pushing the price higher.
6. Technical Analysis
XRP’s current price of $2.70 could also signal the beginning of a new bullish cycle based on historical price patterns and technical indicators. Cryptocurrencies often experience exponential gains during bull markets due to speculative momentum, FOMO (fear of missing out), and market euphoria. If Bitcoin or Ethereum rallies, it could lift the entire market, including XRP, as altcoins typically follow Bitcoin's lead.
7. Macro Trends in Blockchain Adoption
The global financial system is gradually embracing blockchain technology to modernize infrastructure. Governments and institutions are exploring crypto-based solutions for faster, cheaper payments, and XRP is well-positioned to play a central role. Increasing digitization of money and growth in CBDCs could further solidify XRP's relevance.
Use a compelling headline like XRP/USD BreakoutThis chart uses the Dynamic Opening Range Breakout and Impulse Edge Detector to identify high-probability entries for XRP/USD. The current signal aligns with a strong bullish trend. Indicators highlight dynamic support and potential breakout levels. Thoughts?
Has HBAR broken out vs Bitcoin?HBAR looks ready for a major push higher after breaking through major resistance on the weekly, monthly, quarterly and yearly.
If it can maintain this strength for the rest of this month, 2025 COULD be a big year!
In the near-term, there should be a pullback as HBAR is pretty stretched on the RSI.
Xvg/UsdtBINANCE:XVGUSDT
🚨 **XVG Price Analysis** 🚨
- **Current price**: **$0.0011500** 💲
- This price level is currently sitting on the **support zone** 📉. Support is a price level where the asset tends to find buying interest, making it less likely to drop further.
- If **XVG** holds above this level, it could potentially **bounce back up** towards higher levels. 🔄
- **Next resistance levels**:
- If the price holds at **$0.0011500**, the **next resistance** (where selling pressure might occur) is at **$0.01300** and **$0.01500** 🚀.
- Resistance is a price point where an asset struggles to rise above, often facing downward pressure. A break above this would signal potential **bullish momentum** 📈.
- **Price breaks support**:
- If the price breaks below **$0.0011500**, it could fall towards the next **support zones** at **$0.009500** or **$0.00700** ⚠️.
- When the price drops below a support level, it indicates the possibility of further declines. This is a key area to watch for potential reversals.
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**Important Reminder**:
🔴 **This is not financial advice**! Always do your own research and consider your own risk tolerance before making any trades. 💡
1.5 Year BTC Dominance Wedge Finally Breaks!Traders, for a year and a half we have lived inside of this bearish BTC.D wedge. Well, last week it finally broke. This week it looks like we'll get our confirmation of this break. This means altcoin season is officially underway (if you haven't had proof enough already).
As BTC continues its sideway price action, various alts have been taking their turn playing catch up. I expect this type of price action to continue through December for alts though they may incur a bit of a pull back at some point as BTC.D heads back up to retest the underside of that wedge. Once hit though, expect our alts to run again.
✌️ Stew
$AAVE: Reclaiming 2021 Range Low – Aiming for $500! CRYPTOCAP:AAVE hasn't been getting enough attention lately, but it’s currently reclaiming or on the verge of trading above the 2021 range low. After over two years of consolidation, with a strong monthly trend in play, I see significant upside potential towards $500.
This move is likely to follow CRYPTOCAP:ETH , so I’m expecting Q1 to be a strong start for both.
I've bought in here and plan to compound more if it dips below $150.
BINANCE:AAVEUSDT
CATI / USDT: Gearing up for breakout above trendline resistance Cati/USDT: Gearing Up for a Breakout Above Trendline Resistance
Cati/USDT is shaping up for an exciting move 📈 as it approaches a critical trendline resistance zone 📊. The price has been consolidating tightly, creating the perfect setup for a potential breakout 💥. If the breakout happens, we could see a strong bullish trend unfold 🚀. Keep a close eye 👀 on this pair and wait for confirmation before acting.
Key insights:
1. Trendline resistance: Cati/USDT is nearing a long-standing trendline that has previously acted as a barrier. A break above this could mark the start of a strong upward move.
2. Volume surge: Watch for a significant increase in trading volume during the breakout to confirm buyer strength 🔥.
3. Bullish signals: Momentum indicators like RSI and MACD are trending positively ⚡, supporting the case for a bullish breakout.
Steps to confirm the breakout:
Look for a clear 4H or daily candle closing above the trendline 📍.
A noticeable spike in volume during the breakout can signal strong buying activity 📊.
A retest of the broken resistance as a new support zone adds credibility to the move ✅.
Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline ⚠️.
Potential targets (post-breakout):
Risk management strategies:
Use stop-loss orders to manage your risk effectively 🔒.
Ensure position sizing aligns with your overall trading strategy 🎯.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Ethereum (ETH) Bullish Technical Outlook Technical Overview:
Consolidation Phase: Ethereum has experienced a prolonged consolidation throughout 2024, but recent momentum points toward increasing bullish control, suggesting a potential breakout.
Shallow Pullbacks: Recent shallow pullbacks indicate seller exhaustion, with buyers stepping in at progressively higher levels, reinforcing bullish sentiment.
Key Levels to Watch:
Support: $3,000 (critical level for maintaining bullish outlook)
Resistance: $4,100-$4,200 (short-term target)
Long-Term Targets: $4,800-$5,000 (all-time highs), $8,000 (potential in 2025)
Outlook:
Short-term: A retest of the $4,100-$4,200 resistance zone is likely before the end of December, as momentum continues to favor the bulls.
Medium to Long-term: With Ethereum remaining above the $3,000 support, expectations for new all-time highs around $4,800-$5,000 are in play, with the possibility of reaching $8,000 in 2025 if the bullish trend accelerates.
#Ethereum #ETH #BullishOutlook #CryptoMarket #Breakout
XRPUSD on the Rise: Positioning for Profits with X1X2 AnalysisXRPUSD is currently positioned for a bullish breakout, and I’m excited to share my analysis using the X1X2 methodology to capture potential long opportunities.
In my approach, I will leverage probabilities to strategically get positioned for long entries.
Key Fundamentals Supporting the Bullish Bias
Several fundamental factors are contributing to this bullish outlook:
- Legal Clarity: Recent developments in regulatory clarity surrounding cryptocurrencies are fostering a more favorable environment for XRP, which is crucial as it aims to expand its use case in cross-border payments.
- Increased Adoption: There’s growing interest from institutional investors and partnerships that enhance XRP's utility within the financial ecosystem.
- Market Sentiment: The overall market is experiencing a resurgence, with Bitcoin's recent price action influencing altcoins positively, including XRP.
With the combination of technical analysis and supportive fundamentals, there’s a compelling case for entering long positions.
Let’s stay informed and ready to capitalize on the opportunities ahead!
Feel free to share your thoughts or questions below!
1M:
2W:
4H:
P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
Alikze »» DUSK | Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
📣 BINANCE:DUSKUSDT is moving in an ascending channel on the weekly time frame.
🟢 In the previous rally, it stopped at the supply range of 55 cents and a corrective cycle was formed to the origin of the movement of 14 cents.
🟢 Currently, it is facing demand, considering the first movement wave and the correction to the origin of the previous movement.
💎 This movement wave is the third wave, which is located in the microwaves 3 of the first 3 waves, considering the current momentum.
💎 Therefore, in the first step: this movement cycle will have the ability to grow to the first supply zone.
⚠️ In addition, if the price correction enters the range of this validation level, the bullish scenario will be invalidated and must be re-examined and updated.⚠️
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Arweave ($AR) Reversal in Play: Eyeing $60!BINANCE:ARUSDT (Arweave) is showing signs of a potential reversal after the week of November 4th. While I’m a bit late to the entry, I’m watching for an optimal entry point to capitalize on potential upside.
Strategy:
Entry Point: Looking to enter below $22
Confirmation: I plan to buy on a weekly close above $23.4. This would confirm the reversal and suggest stronger upward momentum.
Target Price: Aiming for $60 in the medium-to-long term, should the bullish momentum continue.
Multi-swing high resistance ahead?The Bitcoin (BTC/USD) is rising towards the pivot which and could drop to the 23.6% Fibonacci support.
Pivot: 3,883.63
1st Support: 3,452.30
1st Resistance: 4,092.48
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Alikze »» ZK | Ascending Channel - 1D🔍 Technical analysis: The scenario of wave 3 or C super cycles in the ascending channel - 1D
- It is moving in an ascending channel in the daily time frame.
- According to the momentum and bullish guard, it is currently in the middle of the channel, which can continue its rise up to the range of the supply zone if the price breaks 0.1465.
- In addition, if it faces a correction in the middle of the channel, it can face demand again in the golden zone if it returns and continue the upward trend up to the ceiling of the channel and the supply range.
💎 Alternative scenario : In addition, if it faces selling pressure in the area of 0.1465 and the correction occurs quickly, the golden area is probably broken and the correction can continue until the OB area.
💎 Possible scenario:
Therefore, if the correction occurs in a zigzag fashion, it will have the ability to grow up to the specified areas and the bullish scenario can be more likely.
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BINANCE:ZKUSDT