Cena BluefinBLUE

Corrections offer great buying opportunities. Look for strong Layer 1 blockchains DeFi$DEFI platforms and blue chip cryptos like BTC$BTC and ETH.$ETH Buying now could lead to gains when the market rebounds. What’s on your list?

wait for blue candle and he will pump again 1$ soon

$PEPE The blue support line must hold for this uptrend to unfold. #pepe #memecoin

XRP bulls anticipate rapid price highs during the next cycle peak leading to increased bull activities. After the market dip, some traders flagged the possibility of a price jump to a new all-time high. Citing on-chain metrics and institutional adoption, altcoin bulls point to another cycle’s growth before a slight correction. XRP price trades at $2.52, sliding 16% this week amid United States trade tensions. Incoming XRP 5th Wave In a recent X post, digital asset analyst Dark Defender highlighted the potential growth map of XRP’s next phase. The present point of the asset’s cycle, termed the Fourth Phase, saw massive gains, with its price moving past $3. In the next phase, bulls expect a surge to $5.85 spurred by high institutional inflows and general market sentiments. “XRP had a 4th Wave on his Intermediate Cycle, which I highlighted in Dark Blue, aiming for $5.85 with the 5th Wave. On the other hand, Primary Cycle Waves, highlighted in Light Blue, still aim for $18.22. (Not Financial Advice). I have used the same structure since July 23, when XRP was about 40-50 cents. And we are following it as the Northern Star.” Several analysts have also shared these sentiments of the asset moving to a new all-time high. In a recent interview, pro-XRP lawyer John Deaton noted that XRP has a high chance to flip Ethereum to become the largest altcoin. He projected a price range between $7 and $8 in the cycle peak after approving spot XRP ETFs. Deaton noted that Wall Street is attracted to the success of spot Bitcoin ETFs, which are setting sights on altcoins. Recently, several firms have filed for XRP ETFs in the United States, highlighting the scale of institutional demand. Ripple’s global partnerships with centralized institutions also boost trader confidence. Community Backs XRP The wider community has set sights on improved XRP adoption citing benefits to the wider market. Tristan Tate asked XRP holders to explain the hype and why the asset would go up to hundreds per coin. Digital asset users noted that the asset is more than hype as it will form a part of the U.S. infrastructure’s digital economy. Other crypto users pointed to XRP’s transaction speed amid network scalability. Finally, XRP will be among the top gainers from US-friendly policies after years in the woods following a Securities and Exchange Commission lawsuit. #ETF #XRP

BITCOIN You can't get a more bullish symmetry than this. Bitcoin (BTCUSD) marginally breached its 1D MA100 (green trend-line) two days ago and immediately rebounded in a mirror price action like last year's bounce of January 23 2024. We analyzed this on our previous publication but what we bring you today is the amazing RSI based symmetry of the two fractals. The dominant long-term pattern remains a Channel Up and this is what will most likely guide BTC to the finish line and the Top of this Cycle. This pattern displays two (blue) Accumulation Channels, which is the formation we're currently at. In fact Bitcoin has most likely started the process of breaking above this Channel as the January 23 2024 1D MA100 bounce was the starting point of the Bullish Leg (green) that made a Higher High at the top of the long-term Channel Up. As mentioned, what's incredibly interesting is the 1D RSI symmetry between the two Accumulation Channels. As you can see on the current Accumulation Channel, the time between the 2nd RSI Lower High (blue circle) and 3rd (yellow circle) was 25 days and between the 3rd and 4th (red circle) was 32 days. The respective ranges on the previous Accumulation Channel were 25 and 34 days, which showcase a striking degree of symmetry. The Bullish Leg peaked on the 2.618 Fibonacci extension from the last High (red circle) and as a result, we can expect the new rally to follow an equally symmetric/ proportional rise and target the new 2.618 Fib at $145000.