In these similar trends from the past, with equal distances, these vertical lines are based on the idea of Hawking (if I remember correctly, the name escapes me). But look at the chart, I've drawn boxes that indicate this. In these time frames, we observe both significant growth and sharp declines until the last arrow tip. If you notice, there’s growth and then it...
We have a clear triangle formation on the chart, indicating a bullish trend. I’ve also drawn the Elliott wave, and we are currently in the ABC phase. In simple terms, Bitcoin is the key driver here. Tether dominance (USDT) shows a similar pattern, with Bitcoin in a downtrend, and a gap filled with liquidity, likely waiting for withdrawals from institutions."
"In this analysis, we have examined the price action of Ripple (XRP) on a weekly timeframe. Using technical analysis tools such as trendlines, support and resistance levels, and chart patterns, we assess the current market situation. Key levels and potential price movements are discussed, with possible trading opportunities for the upcoming weeks. Additionally,...
