TradinSides

TradinSides Updated 

The CRYPTOCAP:XRP is ready to breakout from the massive Bullish Pennant pattern through the $2.50 resistance level as Paul Atkins, as the head of the Securities and Exchange Commission (SEC) is anticipated to ease legal pressures on Ripple Labs and potentially lead to the approval of more digital-asset ETFs. Additionally, the launch of the #WisdomTree Physical...

TradinSides Updated 

The CRYPTOCAP:XRP re-test of the $2 level could be the end of the 2/5 Elliot Wave of the #Ripple bullish cycle. The bullish potential is based on: - The recent launch of #RLUSD, - Trump's embrace of US #altcoins, - the appointment of a pro-crypto SEC #chairman - the resolution of Ripple's legal battle with the #SEC, and - the approval of the XRP-focused...

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The CRYPTOCAP:XRP is is forming a classic #DescendingTriangle pattern at the 4 hour chart on the way to the January 20th Inauguration.... But how eager to see XRP overcome gravity and break free from those bonds!

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Bitcoin reserves have dropped to a historic low of 2.4 million, signaling a “supply shock”. The whales purchased recent retracement causing a strong demand.

TradinSides Updated 

The overbought state of the #SP500, the upcoming #Fed's #RateCut decision risk and the buy the rumors sell the facts philosophy along with pre-seasonal profit taking could send the price of #Bitcoin as low as $102K. In addition, the CRYPTOCAP:BTC liquidation map shows a total of ~$2 billion in highly leveraged bullish positions from the $102K price level. Those...

TradinSides Updated 

With all the great news on the table - the $RLUSD, its wide acception and upcoming CRYPTOCAP:XRP #ETF, the #Ripple stands under heavy selling pressure due to SEC’s decision to #appeal the Ripple case ruling, impacting demand and market sentiment. SEC Commissioner Caroline Crenshaw’s reappointment vote is set for Wednesday, December 18, according to Fox...

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The price of CRYPTOCAP:XRP surpassed the descending resistance line at $2.35 and could be heading towards higher levels if the level holds.

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SEC #Lawsuit Resolution, new Banking #Partnerships, #Payment Network Integrations and #Ripple $RLUSD #Stablecoin approval are the upcoming events that could drive the #XRP price in the near future.

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Remember that CRYPTOCAP:XRP has rallied over 100% in the last two weeks and if the $1 level is broken, we could see a possible retracement to $0.90. That is normal and a chance to buy #Ripple coin cheap. It would be advisable to monitor the BTC $90,000 level and the ETH $3000 level, which are currently experiencing pressure.

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The XRP is approaching the $1 level, which could result in a retracement to 0.9 if the major level is broken. It would be advisable to monitor the CRYPTOCAP:BTC $90,000 level and the CRYPTOCAP:ETH $3000 level, which are currently experiencing pressure.

TradinSides Updated 

The first CRYPTOCAP:XRP #ElliotWave * is coming to an end. Expect a retracement. With millions of XRP, the whales will sell it at this level and buy it cheaper again. * Elliott Wave Theory is a form of technical analysis that helps traders identify and predict market trends by analyzing price patterns. It's based on the idea that market movements follow a...

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The global XRP chat is forming an inverted Double Bottom pattern. * An inverted double bottom pattern is a bullish reversal pattern that is the opposite of a regular double bottom pattern.

TradinSides Updated 

Nvidia is a great company, but its AI product is a pure luck in a vacuum of competitors, with a list of flaws such as unexpected chip delays, high-energy consumption and a need for intensive cooling. Here is how I see the future of the Nvidia stock.

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The BTC is forming the reversed Head and Shoulders There is a possibility of a potential inverse head and shoulders pattern forming in the short-term for Bitcoin.

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With Grayscale Investments recently launching the Grayscale XRP Trust, XRP can easily break out of the current triangle resistance.

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#OIL is @ $70.05 #Buy and #TP @$71.75 While major NSE:OIL producers may delay an output increase planned for next month and American Petroleum Institute (API) data showing U.S. crude oil fell by 7.431 million barrels last week.

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If this is a #HeadAndShoulders pattern forming, then it is the strangest H&S pattern I have ever seen. At the same time, I can easily see it developing into the November 2024 #elections.

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The current Oil downfall is explained with a set of recent news: OPEC on Monday cut its forecast for global #oil demand growth in 2024 citing softer expectations for #China, a reduction that highlights the dilemma faced by the wider #OPEC+ group in raising production from October. Chevron (NYSE:CVX) has achieved a technological breakthrough, producing first oil...