ETHUSD Market Update – ETHUSD 📷 Recent Price Action: ETHUSD appears to be completing the final subwave (c) of wave 5 within a wedge pattern. A potential recovery back to the 2800 – 2900 resistance area is in focus. 📷 Wave Structure and Outlook: If ETH breaks back above the intraday upper wedge line, it could confirm a stronger recovery. Failure to break above resistance might lead to further downside before a confirmed uptrend. ⚠ Key Considerations: Watch for price action near the upper wedge line for potential bullish confirmation. If rejection occurs, ETH could stay within consolidation before a clearer trend emerges.
For informational purposes only, not financial advice.
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📌 XRPUSD Update
XRP is stabilizing and recovering above the trendline, signaling potential upside. If wave B holds support, wave C could extend the rally toward the upper triangle.
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