📊 Technical Analysis
● A liquidity sweep to $2.00 closed back inside the six-week green range, printing a hammer on the rising-channel base—confirming the dip as a spring rather than a breakdown.
● Price is compressing against the purple April trend-cap; each pull-back now holds a higher low, and a box-range measured move projects a pop toward the dotted pivot at $2.34 and the channel median near $2.60 once $2.24 gives way.
💡 Fundamental Analysis
● Derivatives funding has flipped positive and cumulative OI on major venues is up ~10 % since 23 Jun, signalling fresh long positioning ahead of July’s SEC–Ripple status hearing.
✨ Summary
Buy $2.10-2.18; breakout above $2.24 targets $2.34 → $2.60. Bias void on a 6 h close below $1.98.
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● A liquidity sweep to $2.00 closed back inside the six-week green range, printing a hammer on the rising-channel base—confirming the dip as a spring rather than a breakdown.
● Price is compressing against the purple April trend-cap; each pull-back now holds a higher low, and a box-range measured move projects a pop toward the dotted pivot at $2.34 and the channel median near $2.60 once $2.24 gives way.
💡 Fundamental Analysis
● Derivatives funding has flipped positive and cumulative OI on major venues is up ~10 % since 23 Jun, signalling fresh long positioning ahead of July’s SEC–Ripple status hearing.
✨ Summary
Buy $2.10-2.18; breakout above $2.24 targets $2.34 → $2.60. Bias void on a 6 h close below $1.98.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.