#XRP the coiler that loves to coil.
Looks like that mega uber 2017 pump needs 10+ years of consolidation before the next major leg up.
I'm still bullish long term but very happy to own zero xrp before I see strong signs of a real bull rally.
I believe sub-$1 is coming
$XRP
I expect a dead cat bounce. IMO #Bitcoin is nowhere close to a bottom. From current levels, I expect a further 30-50% drop. The 2W 200 MA (red) is my key support level. Price action & market structure show high probability that the 40K zone gets tested before any end to this bear
$BTC is very attractive at $41k. Fantastic confluence of support at that level.
I hope y'all are well; I know I've been inactive here for quite some time.
Happy trading.
Proof that much more pain to come in 2026. I expect a bounce now for the next few weeks, followed by lower lows.
95%+ of retail traders HAVE to be washed out before the end of this bear phase. Very very few would be buying the dip at the very lows of this bear market.
#btc
Retail users on Coinbase have been very resilient during these market conditions, according to our data:
- They’ve been buying the dip - we’ve seen a native unit increase for retail users across BTC and ETH
- They have diamond hands - vast majority of customers had native unit balances in Feb equal to or greater than their balances in December
Historically, the risk/reward at these levels (100 MA and 34 RSI on the 2W chart) are extremely favourable from a positional / spot trade perspective.
#bitcoin#btc $BTC
* ~8 year rounded bottom / cup & handle formation
* Consolidation under prev ATH resistance for one full year
#xrp is setting up for a great swing trade with targets at $7.0 , $19.5 and $58.9
Yes, $58.9 is my highest target (not to be confused with the jokers' $589 😄😄)
$XRP
Next few weeks / Q1 may be the alt season people have been waiting for for 3+ years now. Pending BTC continues sideways / bullish, all charts pointing to strong alt rallies. I expect altcoin dominance to rally 8-10%. Most will look like relief rallies in retrospect, but powerful moves nonetheless. As usual, not all alts will rally.
Could the last 3.5 years just be accumulation for the real bull in 2026? Not unlikely, but risk factors remain.
At any rate, I'd like to see $75k first before re-entering any spot positions.
#btc
#btc#alts
Probabilities have changed given recent market price action. I believe BTC will have its relief (B wave) rally soon (Q1), offering alts a strong foundation to rally hard. But I would exit most markets by end of Q1 as further btc weakness is expected in 2026. Invalidation = BTC breaking $110k on a weekly basis.
***Warning*** I just analyzed the S&P - it seems to be setting up for a sharp 10+% decline over the next couple of weeks.
I would exercise caution and prioritise capital preservation across all markets.
📉