Every asset has its narrative:
$BTC → Digital money
$ETH → World Computer
$XRP → Global payments
$SOL → High performance
$HYPE → Onchain trading 24/7
$LINK → Tokenization & oracles
$SUI → Next gen infrastructure
$AVAX → Mass customization
$SUI has one of the cleanest charts I've seen.
From a technical perspective, a move to $26 in a major bull market 35x looks possible.
Anyone who knows technical analysis,
what's your take on this chart?
🚨 The Crypto Move We've Been Waiting 4 Months For?!🚨
The crypto market is finally starting to see some selling pressure come through, and XRP is breaking below a very important support level.
I've been watching for subwaves to develop so we could get a better idea of whether the market wanted $1.10 or $0.87 as the ultimate support. What we're seeing now looks very much like a subwave 3 down, which is typically the strongest and fastest wave of the cycle. The 1.618 extension is landing around $0.92, which is very close to the major $0.87 support we've been discussing for months.
My expectation is:
➡️ Sharp move down toward ~$0.92
➡️ Relief bounce back toward ~$1.20 (which should act as resistance)
➡️ One final move toward $0.87
... markets don't always follow the textbook perfectly...
📈If the reaction from this W3 low is strong enough, there's a chance XRP never needs that final wave to $0.87. The first sign of that would be price reclaiming resistance and breaking above $1.30 with obvious strength.
After 4 months of waiting for this structure to develop, we're finally getting to the important part!!
ALL EYES ON CRYPTO!🔥
#XRPCommunity
@CryptoBull2020 "In crypto, charts can draw anything we want to see. Since $70 is already 'in the charts,' can you tell me how many years it’ll take for those lines to actually land in my wallet? There’s a huge gap between 'on the screen' and 'in the bank.'"