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BeyOglu - The Analyst
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XRP hammers on $2.00 support as downside risks escalate. XRP hovers above its short-term support at $2.00 at the time of writing on Thursday, but also sits below the 50-day Exponential Moving Average (EMA), the 100-day EMA, and the 200-day EMA, which slope lower and maintain an overall bearish alignment. The Moving Average Convergence Divergence (MACD) hovers below the zero line, with the blue MACD line marginally above the red signal line and barely positive and contracting green histogram bars. The Relative Strength Index (RSI) at 40 leans bearish, suggesting rallies could stay limited. The descending trend line from the record of $3.66 caps the upside, with resistance seen at $2.57. Initial resistance stands at the 50-day EMA at $2.25, followed by the 100-day EMA at $2.41 and the 200-day EMA at $2.45. The Average Directional Index (ADX) at 17 reflects weak trend strength. Still, a daily close above the hurdle $2.25 could ease pressure and open the path toward $2.41 and $2.45, while failure to reclaim the first barrier would keep sellers in control beneath the trend-line cap.
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Lorenzo Protocol $BANK Technical Analysis and Price Forecast: $Bank is going to make a huge pullback
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Tariff revenue dipped slightly in November after Trump pulled back on grocery store duties The government's tariff revenues in November ticked down for the first time since President Trump began implementing his historic duties, according to new totals from the US Treasury Department. The agency's monthly statement for November, released on Wednesday, saw a reading of $30.76 billion in customs duties collected, following an October reading of $31.35 billion.
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$LUNC Is Entering Reversal Mode: +288% Buyside Run? Liquidity Sweep Completed #LUNC has taken sell-side and external liquidity, suggesting the downside phase may have finalized and a macro bottom could be in place. Early Bullish Intent Emerging Current price action shows initial signs of bullish displacement, indicating potential accumulation and a shift in orderflow. MSS Confirmation Required A monthly close above the MSS level is essential to confirm a valid Market Structure Shift and activate higher-timeframe bullish scenarios. Bullish POIs Expected Post-MSS Upon confirmation, price is likely to form bullish POIs such as a Breaker Block, Order Block, or FVG, providing continuation setups on retracement. Upside Liquidity Targets First buyside liquidity sits at $0.00017980, followed by a major liquidity draw around $0.00028000. Potential Expansion A full run toward these liquidity pools represents a +288% expansion from current levels. Key HTF Level Maintaining price above $0.00007300 (MSS) is crucial for keeping the bullish reversal model valid.
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