XRP Price Is Still Missing Its 5th Wave, Why A Rally To $27 Is Still Possible
The XRP price appears to be approaching one of the most critical technical phases in its long-term structure, according to a new analysis shared by EGRAG CRYPTO. The analyst, known for his bullish takes on XRP, says the cryptocurrency is still “missing the fifth wave,” implying that the next leg could push its price far […]
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The bitcoin price fell sharply today but holds above $700 support. Sell-offs will happen and we look for support levels that will provide support for building the next wave of advance. A sizeable $70 drop in the Bitstamp chart, today, as speculators took profit for various reasons: end-of-week, futures settlement, technical signals or just plain caution. Bitcoin price has covered just over $200 and 1,300 CNY during the past week – a large distance and encouraging advance. It is unclear how deep the current pullback will decline. Price is well above support at $680 but is some distance away....
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Crypto analyst XForce has again alluded to the 5-Wave count to show when the XRP Price is likely to hit a new all-time high (ATH) above $5. As part of his analysis, the analyst also declared that there is no reason to be bearish on the altcoin at the moment. XRP To Rally Above $5 Based On 5-Wave Count In an X post, XForce shared an accompanying chart that showed that XRP could rally above $5 on the Wave 3 impulsive move to the upside. The altcoin could even rally to double digits and touch $13 on this move. The chart also showed that XRP will reach this target by year-end or early next....
Crypto analyst Adez has revealed what most traders are missing following the Bitcoin price rally to $116,000 earlier this week. The analyst suggested there is no reason to be bullish right now, as BTC is likely to decline further before breaking out to the upside. What Traders Are Missing From The Bitcoin Price Action In an X post, Adez noted that the Bitcoin price pumped from around $111,000 to $115,500 and that everyone thinks a breakout is happening. However, the analyst opined that the rally was just a trap. He explained that BTC actually swept the Value Area High at $114,600, but the....
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