🔹 Overview:
We’re currently witnessing a variety of corrective structures across the crypto market, with assets like XRP showing significant strength, while Cardano (ADA) and SUI appear to be forming classic ABC corrections and wave 4 setups. These patterns align with historical market cycles, particularly resembling price action from September 2017, before a final wave 5 rally.
🔹 Technical Breakdown:
-XRP has remained resilient, consolidating instead of breaking down—indicative of a strong underlying structure.
-Cardano (ADA) is following a textbook ABC correction, similar to past pre-wave 5 setups.
-SUI is showing signs of a wave 4 consolidation, which typically precedes a final wave 5 push.
These patterns corroborate each other, suggesting a synchronized market move is approaching.
🔹 Macro Market Alignment:
-2017 Parallel: When comparing current structures to past cycles, we see striking similarities. XRP’s correction phase now mirrors its 2017 structure, aligning with the moment before its parabolic move.
-Stock Market Correlation: Broader macro trends, including mega-cap stock movements, also support the prediction of one last rally before the cycle concludes.
🔹 Key Considerations:
✅ Wave 5 Blow-Off Top: If historical patterns hold, we could see a broad market rally leading to a final euphoric push.
✅ Retrace vs. New Highs: While some altcoins may set new all-time highs, many will likely only retrace previous losses rather than break out into price discovery.
✅ Timing Expectations: Based on previous cycle durations, a final move could fully play out by mid-2025. However, market sentiment and liquidity will ultimately dictate the speed.
🔹 Trade Plan & Risk Management:
⚠️ Final phase of the cycle – time to start considering exit strategies for long-term positions.
⚠️ Watch for confirmation signals – particularly evidence of expansion across the market.
⚠️ If the rally fails to materialize, and markets continue retracing, this could signal a deeper macroeconomic shift.
🔹 Final Words:
The market structure suggests we are in the late-stage corrective phase, setting up for a final impulsive wave. While exact timing remains uncertain, this aligns with previous cycle patterns. Keeping an eye on XRP, Cardano, and SUI as key indicators will be crucial in confirming this prediction.
🔻 What do you think? Are we about to enter a final wave, or is the market sentiment shifting into an extended downturn? Drop your thoughts in the comments!
📈 Like & Follow for more in-depth market analysis! 🚀
We’re currently witnessing a variety of corrective structures across the crypto market, with assets like XRP showing significant strength, while Cardano (ADA) and SUI appear to be forming classic ABC corrections and wave 4 setups. These patterns align with historical market cycles, particularly resembling price action from September 2017, before a final wave 5 rally.
🔹 Technical Breakdown:
-XRP has remained resilient, consolidating instead of breaking down—indicative of a strong underlying structure.
-Cardano (ADA) is following a textbook ABC correction, similar to past pre-wave 5 setups.
-SUI is showing signs of a wave 4 consolidation, which typically precedes a final wave 5 push.
These patterns corroborate each other, suggesting a synchronized market move is approaching.
🔹 Macro Market Alignment:
-2017 Parallel: When comparing current structures to past cycles, we see striking similarities. XRP’s correction phase now mirrors its 2017 structure, aligning with the moment before its parabolic move.
-Stock Market Correlation: Broader macro trends, including mega-cap stock movements, also support the prediction of one last rally before the cycle concludes.
🔹 Key Considerations:
✅ Wave 5 Blow-Off Top: If historical patterns hold, we could see a broad market rally leading to a final euphoric push.
✅ Retrace vs. New Highs: While some altcoins may set new all-time highs, many will likely only retrace previous losses rather than break out into price discovery.
✅ Timing Expectations: Based on previous cycle durations, a final move could fully play out by mid-2025. However, market sentiment and liquidity will ultimately dictate the speed.
🔹 Trade Plan & Risk Management:
⚠️ Final phase of the cycle – time to start considering exit strategies for long-term positions.
⚠️ Watch for confirmation signals – particularly evidence of expansion across the market.
⚠️ If the rally fails to materialize, and markets continue retracing, this could signal a deeper macroeconomic shift.
🔹 Final Words:
The market structure suggests we are in the late-stage corrective phase, setting up for a final impulsive wave. While exact timing remains uncertain, this aligns with previous cycle patterns. Keeping an eye on XRP, Cardano, and SUI as key indicators will be crucial in confirming this prediction.
🔻 What do you think? Are we about to enter a final wave, or is the market sentiment shifting into an extended downturn? Drop your thoughts in the comments!
📈 Like & Follow for more in-depth market analysis! 🚀
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.
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.