$ETH has printed a clean double bottom, a classic reversal structure that often marks the end of selling pressure.
This pattern signals that buyers are stepping in aggressively at support, suggesting the downtrend is losing control. If price breaks and holds above resistance, momentum could accelerate quickly.
Finance Expert: $XRP Is Missing a Blow-Off-Top Rally Here’s why
Crypto analyst ChartNerd argues that $XRP has not yet seen a classic blow-off-top rally, suggesting the market cycle is unfinished, not exhausted. Using Wyckoff theory, he places XRP in a second accumulation phase, where supply is still being absorbed before a final expansion.
Short-term pullbacks are viewed as normal within this structure, not signs of weakness. The absence of peak-style volatility and distribution behavior implies more upside remains before XRP reaches a true cycle top.
Key takeaway: $XRP appears structurally mid-cycle, with a potential final rally still ahead rather than a completed market peak.
Selling pressure is building, and downside momentum remains in control. This is the last high-probability trade setup for today — manage risk accordingly. $SOL
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