Crypto market
Ravencoin Bullish Continuation, Altcoins Bull Market ConfirmedRavencoin produced a major bullish breakout, we've seen many of those. It happens that you get one of these breakouts but the following week bullish action is dead. That was all, end of story. This isn't the case here and this is truly great news.
First, Ravencoin produced some of the biggest volume ever, only once was there a week with higher volume and the volume in the last two weeks is higher even than in the 2021 bull market. This clearly reveals the start of the next bullish phase, at least for this pair, but never in the history of Crypto has this project or any other gone on a bull market on its own, not in 2021 and not in 2025. What one does, the rest follows.
So we have a bullish continuation. Really high volume to break above EMA34 followed by additional growth. We can expect this trend to continue. These weekly candles are the biggest since 2021.
Get ready, because the same will happen across hundreds of altcoins.
Here is the daily timeframe:
Two days red and it is clear that this project is creating a new uptrend... Thank you for reading.
Namaste.
Bitcoin Cash Weekly Update, Moving Averages & Bullish PotentialI already looked at Bitcoin Cash recently, this time I want to see how the moving averages are doing here to compare with the other Crypto-projects. Good news for one pair is good news for other projects as well specially when they are in the same category. Bitcoin Cash is one of the big projects.
Here we can see BCHUSDT trading weekly above EMA34, EMA89 and MA200, while rising.
Resistance was found at $453, a fib. extension level. Once this level is broken as resistance you can expect a swift advance toward $680. It will be nice and easy. This is the last barrier and current price action is kind of mix.
It is good because this week trades at the highest since November 2024 coming from a low. It is bad because it is lower compared to 19-May on the wick but the week is yet to close.
A weekly close above $420 is highly desirable and favors the bulls, anything lower and we continue with a mixed situation. Make no mistake, the situation is mixed only short-term. The chart shows a clear bullish bias and there will be additional growth in the coming weeks and months. Only the short-term is questionable.
Bitcoin Cash, Bitcoin and the entire Cryptocurrency market is set to grow.
Thanks a lot for your continued support.
Namaste.
Solana Weekly TF, Good NewsI've gone deeper into Solana's chart and I have good news... You are looking at the weekly timeframe.
I looked at EMA34 and MA200 for some of the major Crypto projects, Bitcoin, Dogecoin, XRP, Cardano and Ethereum. You can find these in my profile @MasterAnanda.
Some were clearly bullish as the action was happening above both moving averages, others were mixed and one was bearish.
Solana is trading below EMA34 weekly but safely above MA200.
MA200 weekly sits at $100 for SOLUSDT.
There is another level of relevance, EMA89. On this chart shown as a blue line and this is the good news. EMA89 is working as support, it worked last week and this week it still holds. This same level matches perfectly the 0.5 Fib. retracement support relative to the move from 7-April to 19-May.
This is all to say that we are looking at a strong support zone, which means that it is likely to hold. If it breaks, it should be brief followed by a recovery right away.
Namaste.
XRP's Ending Diagonal: Climactic Push Towards $3.5-$3.8?XRP: Ending Diagonal & Final Push ($3.5-$3.8 Target)
Hello TradingView,
My analysis suggests XRP is in its 5th Elliott Wave, unfolding as an Ending Diagonal. This pattern signals a climactic end to the current bullish cycle, often followed by a sharp reversal.
Key Levels:
Target: $3.50 - $3.80 (marked on chart). This aligns with the diagonal's upper trendline and Fibonacci extensions.
Invalidation: $1.5986 (marked in red). A decisive close below this level invalidates the diagonal structure.
Catalysts: Positive SEC lawsuit developments and Spot XRP ETF speculation provide fundamental tailwinds for this final push.
Outlook: Expect a significant correction after this diagonal completes near its target. Monitor $1.5986 closely.
Not financial advice. Trade wisely.
#XRP #Ripple #ElliottWave #EndingDiagonal #Crypto #TechnicalAnalysis #PriceTarget #Invalidation #Reversal #SEC #ETF #Blockchain #MarketAnalysis #Bullish #Altcoin #TradingStrategy
$PEPE looks ready to leap again!CRYPTOCAP:PEPE looks ready to leap again! 🐸
After its massive December 2024 rally, CRYPTOCAP:PEPE has undergone an equally strong correction — but signs suggest the bottom is in.
✅ Strong support at 0.0000700 and 0.0000650
✅ MACD stabilizing
✅ RSI showing a huge bullish divergence
Momentum is building — don’t lose sight of the frog! 🐸🚀
DYOR
#PEPE #Altcoins #CryptoTrading #BullishSetup #RSIDivergence #MemeCoinSeason #CryptoAlert #PEPEArmy
BTC/USD Approaching Key Buy Zone – Watching 104,845 for Reaction
Bitcoin has broken out of a descending channel and is now approaching a potential buy zone between 105,176.89 and 104,845.01. This zone aligns with previous support and trendline confluence, making it a critical area to monitor for bullish reactions.
If price finds support within this zone and confirms with a bounce or bullish pattern, a move toward the 106,268.53 resistance is a possible scenario.
However, a confirmed break below 104,296.67 could signal a shift in momentum and potentially invalidate the bullish setup.
🔹 Buy Zone: 105,176.89 – 104,845.01
🔹 Bearish Invalidator Level: 104,296.67
🔹 Target Area: 106,268.53
🔹 Timeframe: 1H chart
🔹 Trend Context: Price broke previous bearish structure and entered a short-term bullish phase.
This is a technical observation for educational purposes only.
$BTC Weekend Update - June 14Hello Fellow Degenerates,
Bitcoin is holding above 104k helping us a lot when it comes to our bullish scenario, however the bearish scenario still lingers and threatens to destroy all of our hopes, dreams and portfolios.
- We need price to break above 108k to confirm our bullish bias
- A rejection of 106k could bring price to retest 104k and possibly break it, validating our bearish scenario
- Levels to watch: 110.5k, 108.4k, 106.8k, 104.3k, 101k
Acala Hits Bottom, Which Means Bull Market Next (2800-3500% PP)Acala is now five weeks into the fire. If you read often you will understand clearly what I mean; if you are new, this might not make much sense.
The low happened 14-April here, ACAUSDT. Some weak action and then red. Five weeks red and the action remains relatively sideways, not much change in price.
Current price trades above the 14-April low. The 14-April low was 0.02698. Current price is higher. Five weeks red, high bearish volume and yet, no new major lows.
Notice the drop from early December 2024 until April 2025. Five weeks red can cover a huge distance, there can be a strong decline. When you see five weeks red but no change in price, this is a bullish signal. It means that the bears have no strength. It means we are not seeing a bearish trend nor a bearish impulse, instead, a retrace and stop-loss hunt. Since bearish pressure is non-existent and after weeks of selling prices aren't going any lower, we can predict change soon.
This change is bullish. The bullish signal comes from the fact that the bearish action is just too weak. It is like seeing prices trading near resistance (say a new all-time high) for weeks, months with no advance. This would reveal that the top is in and a crash comes next. In this case, the bottom is in and a bull market will follow.
Thank you for reading.
Namaste.
C98 Hits Bottom, More Than 3,333% Growth PotentialHere C98 breaks the pattern, a channel breakdown after going sideways for years. This is the liquidity hunt event. Two signals reveal that this drop is the bottom and precedes a change of trend.
1) The highest volume ever and since 2021 came in March as C98USDT looked for a new low.
2) We have a double-bottom.
The bullish action will start without warning, Boom!, 100-200% up. Then it will continue with full force, month after month after month of a rising market, see the green arrow. We are now very close.
That's all there is. Once you hit bottom, there is no other place left to go but up. Nothing, nada, nichts, niente, rien. Only up is possible now and that's where we are headed next.
Buy and hold. Growth potential goes between 2,500% and 3,900%.
Namaste.