XRP Hits Exact Bull Target as Top Traders Celebrate Perfect Market Call
XRP’s market momentum accelerated this week as the cryptocurrency hit a key bullish target identified by a prominent trader, reinforcing growing confidence across the community. Related Reading: Will The Low XRP Price Force Ripple To Dump Its Holdings? Exec Answers Community The surge comes amid a wave of institutional inflows, multiple ETF launches, expanding utility, and renewed optimism from analysts who believe XRP is entering a powerful new phase of market participation. XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview Technical Breakout: Bull Flag....
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A classic technical pattern points to a 20% price rally in the Cardano market, with its profit target sitting above $3. Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag.In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on Monday. Therefore, the latest declines have given the impression that Cardano is undergoing a brief pause before it resumes its uptrend.Part of the upside analogy....
Trading volumes for CME bitcoin options surged as traders made bull call spreads anticipating a rally.
Following an extensive price correction in the past three months, the Bitcoin bull market continues to hang in the balance. Despite a modest price rebound in April, the premier cryptocurrency is yet to display a strong intent to resume its bull rally amidst a lack of positive market factors. However, crypto analyst Axel Adler Jr. […]
ETH traders were excited by the recent break above $3,000, but a handful of data points suggest that Ethereum price will stay in a downtrend. There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,” meaning bet on the price decrease. The problem is that a relief bounce tricks traders into believing that the negative prevailing sentiment has shifted into a buyers’ market.For example, after analyzing Ether's (ETH) price chart, one might conclude that after a 41% crash, a bull run should....
XRP is down 58% from its all-time high, and two popular chart-focused accounts on X are framing the drawdown as a potential accumulation window rather than a trend break. How Low Will XRP Price Go? Crypto Patel (@CryptoPatel) told followers on Feb. 4 that XRP/USD has “entered our first accumulation zone at $1.50–$1.30.” In his post, he urged staggered entries rather than trying to time a single bottom. “Start buying slowly at these levels, no rush, just steady accumulation,” he wrote, positioning the move as capital-preservation after what he described as an earlier call highlighting a....