$XRP Leading up to what we talking about in the last update, $XRP after giving a brief retest of the Support Turned Resistance, is not consolidating in a Bear Flag.
The flag invalidates if $XRP closes above $1.36 on the daily chart, but until then this consolidation is considered bearish.
Targets are marked as well, with flag going as deep as 77 cents, and that is basically a flush of 30% from the current price.
As mentioned in the last update, the first immediate market strucutre+psychological support is around $0.95.
If Jupiter $JUP closes monthly above $0.20, then the bottom is in and it's bullish. After that closing, we'll see a good move. If you have $JUP , then hold it.
$TAO When a chart is retracing, and consolidates above support, it usually is a good sign.
The issue with TAO here is that the high it started coming down from was not enough to be called a HIGHER high, so that puts this $214-$220 range support area in jeopardy.
But still, reaction should be notable from that area.
$LTC The good thing about correct TA is that it works after even after its work is done.
The two points we marked for targets as LTC broke the range, obviously were acheived with style, but now those two price points are acting as low and high of a newly formed range.
The range has not yet fully established, but LTC is trying to do so by consolidating between its 6 years old low and range targets that is: $40.30 - $45.90.
$DOGE The range still intact, The chart still behaving as expected.
The chat is now approaching the POC of 2023 range, that sits at $0.08161, closings below will put more pressure at range low, and the chart will try to breakdown thru this range.
What can happen for some times, maybe on the lower timesframes like 4h and even 1h charts, is that this chart starts to produce a micro range on those timeframes above $0.08161, that will be basically a trap for people to long/buy DOGE so ultimately it can be dumped.
$ENS Range working good. No serious close above the range low, making this rise - a bearish retest.
What you want now is that this chart should start producing candles with small to no wicks above, that shows sell pressure, and then the range break targets can be acheived.
La chiusura giornaliera non è stata buona. $BTC può scendere fino al livello di 61k nei prossimi 2 giorni. Forse toccherà anche i 60k. Dovrebbe poi rimbalzare da questo livello.
Last time I shared entry to $RVV it blew 50% up within a day. Today it retests previous HTF Resistance as new support which is perfect entry before the next leg up.
A Binance Alpha gem which just had product launches , utilities , & started a 7m$ buy back mechanism this weeks.
The Team also holds a big portion of the supply which is what all the coins who ran multiples had in common.
$BNB $BNB got a clean rejection off of the resistance discussed in the last update.
Right now, the chart is trading around $600. The number is psychological as well as is around the same area where the low of the range sits, so defending the $585-$600 area for BNB is very important as couple of closings below this can trigger a panic sell off.
$ENS è ribassista fino a quando non recupera $5.37. Diventerà moderatamente rialzista quando recupererà $5.37, puntando alla prossima possibile resistenza, che è la SMA a 100 giorni che attualmente si trova a $5.94.
Perdere il $5.37 sarebbe considerato un retest ribassista e aprirebbe la strada verso $4.11, che sono i target di rottura della fascia.