$XRP The predicted price of $XRP after the US election is uncertain, but analysts have made some forecasts. Considering the resolution of Ripple's legal troubles and the potential impact of the Bitcoin halving, XRP's price is expected to increase. Here are some predicted price ranges for XRP:
Keep in mind that these predictions are based on various factors, including the outcome of the US election, regulatory changes, and market trends. It's essential to stay informed and consider multiple perspectives before making investment decisions.
The price action of $CHR on the daily timeframe is consolidating in a descending triangle pattern. The price action can test its horizontal support region, marked between $0.30 to $0.28, as it has changed the trend. 📉
Before any upward movement, the price action will likely fill out its lower candle imbalance level. 📊 ➖➖➖➖➖
$BTC Market Analysis June 8, 2024 ➖➖➖➖➖ ⚪️TECHNICAL (4H) The price was rejected at the horizontal resistance and is now trading above the trendline and horizontal support. A bounce can be expected if it continues to hold above this zone. However, if there is a breakdown and retest of the horizontal support, a further correction is likely.
⚪️WRAP-UP (VIP) Rejected at horizontal resistance, it's now trading above the trendline and support. A bounce is likely if it holds, but a breakdown could lead to further correction.
$BTC DAILY RANGE: 📈Upper Limit: 72000 📉Lower Limit: 68400 (+-12% based on moving average volatility open/endpoints)
The price action of $BICO on the H4 timeframe has broken out of its resistance trendline and is now respecting its horizontal support level, which is marked between $0.5525 and $0.5439. 📈
The price action can take a bounce back from this level as it is consolidating in a compression zone. 🔄 ➖➖➖➖➖
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MONTHLY STATS Total Trades: 36 Profitable Trades: 36 Losses: 0
Lifetime Accuracy: 95.7% Total Profit (No Leverage): 544.2%✅ Total Profit (With Leverage): 3,810%✅ ➖➖➖➖➖
$BTC Market Analysis June 5, 2024 ➖➖➖➖➖ ⚪️TECHNICAL (4H) Bitcoin has surged as anticipated following the breakout and successful retest of the bullish pennant. Currently, it might retest the horizontal support level. We can expect the bullish trend to continue either from the current level or after the retest of the horizontal support, as long as we do not witness a high-volume bearish move.
⚪️WRAP-UP (VIP) BTC surged as expected after breaking out and successfully retesting the bullish pennant. It may now retest horizontal support. We anticipate the bullish trend will continue unless there is a high-volume bearish move.
$BTC DAILY RANGE: 📈Upper Limit: 71500 📉Lower Limit: 68600 (+-12% based on moving average volatility open/endpoints)
The price action of $NMR on the H4 timeframe level has formed a symmetrical triangle where the price action is respecting its horizontal resistance level which is marked between the 28.425 - 28.145 level.
The price action has to flip out this region level into the support level which can show us the further upward zone level ➖➖➖➖➖
The price action of $SUPER on the daily timeframe is consolidating in a descending triangle pattern. After bouncing back from its support level, it is currently testing its resistance trendline region, which is marked between $0.9632 to $0.9189. 📈
The price action has the potential to break out from its resistance trendline level, indicating a possible further upward movement. 🚀 ➖➖➖➖➖
Currently, Bitcoin remains stable, fluctuating between the support range of $65,200–$66,800 and the resistance zone of $70,900–$72,700. This buyer support area has been tested several times, indicating a strong purchasing presence in the market.
The price action of $HOT on the daily timeframe is consolidating at its horizontal support level, marked between $0.002395 to $0.002208, and has formed a descending triangle pattern. 📉
A bounce-back level can be expected from this support area. 📈 ➖➖➖➖➖
Market Analysis June 2, 2024 ➖➖➖➖➖ ⚪️TECHNICAL (4H) Bitcoin is currently consolidating within a symmetrical triangle pattern. To confirm the next direction, we should wait for either a breakout or breakdown followed by a successful retest. Until then, further movement within the triangle can be expected.
⚪️WRAP-UP (VIP) BTC is consolidating in a symmetrical triangle. Wait for a breakout or breakdown with a successful retest to confirm its next direction. Meanwhile, expect further movement within the triangle.
$BTC DAILY RANGE: 📈Upper Limit: 68400 📉Lower Limit: 67300 (+-12% based on moving average volatility open/endpoints)
Bitcoin is currently trading at $67,500 and has been hovering around this price since March. It's slightly below a certain level, so it needs to surpass this level in order for significant movement to occur. The support level is at $66,000, and the resistance level is at $69,000, which it has failed to breach on several occasions. The RSI is showing a flat trend, and the MACD is displaying a dark red color, although the size of the indicator is not very significant, so a shift to a lighter red color is expected soon. The volume ratio has remained unchanged. Currently, Bitcoin is in a phase of indecision as it determines its next direction.