Mando @mndtrades2 - Twitter Profile

TOTAL3 reached our supply zone as well as RSI resistance, which doesn't necessarily mean we get a break, as in 24' it smashed through like a hot knife through butter. Either case, ATHs are a matter of time now.

MaeliusCrypto's tweet photo. TOTAL3 reached our supply zone as well as RSI resistance, which doesn't necessarily mean we get a break, as in 24' it smashed through like a hot knife through butter.

Either case, ATHs are a matter of time now. https://t.co/urv78EFfXr

3

76

6

9

5K

Mndtrades2 retweeted

Maelius

@MaeliusCrypto

about 1 year ago

$XRP Macro Update #3 Time has come to make another macro update on XRP, as it’s now breaking out of ca. 6m long bull flag. Many have turned bearish during this time, but we’ve remained patient and focused on our plan, as I believe some serious gains are yet to come. Since my last update in April, not really much has changed judging from broader macro perspective, but I still see the need to make this update as some may’ve lost focus and others may get too emotional during next parabolic advance, hoping for unrealistic targets coming to fruition ($586 gang). Let’s start this time with the Optimistic case, which I assigned 40% probability. In this case I think there is a possibility for W3 top not being in just yet. Main reason for this one to have lower probability is because we may be potentially running out of time, since I place a very high probability of BTC topping this year and alts in Q4 or Q1 next, and I would think XRP would need more time to complete also 4&5th afterwards (however not impossible, though). On top of that structure on RSI is showing us there may potentially be only 1 major impulse left. One distinction compared to previous cycle is accumulation area lasting quite longer than before, making me believe following waves may potentially be even more impulsive as before, since we are having a super strong base. My target remains unchanged in this scenario, likely in the range of $15-$20.However, I have discussed potential XRP targets and when should be prudent to take profits in my first thread on XRP, w/ price targets remaining unchanged (https://t.co/TqmkInuPsW). XRP Base Case with 60% probability assigned. As outlined in my previous thread, XRP is respecting EMA50 during the bull market w/ no weekly closes below, which is also being well respected in this cycle so far. Base case assumes XRP has completed W3 and W4 and is now starting its final 5th EW towards 10$+. As you may’ve noticed RSI is behaving in a very similar fashion as in the previous cycle, meaning also from this perspective conclusion can be made that this truly is a final wave. Historically, RSI tops in the resistance area in red, suggesting bulls are running out of steam, i.e. overbought territory. Conservative assumption is for a magnitude of W5 to replicate the one of W3, thus targeting ca. 10$, which is unchanged to my previous update. XRP DOMINANCE (XRP.d): Now we need to look at XRP.d (market share), which is behaving according to our plan, w/ 2nd wave taking a bit longer than in the previous 2 cycles, getting ready for a final push higher, likely into our major supply zone. Please note that final parabolic advance in dominance doesn’t necessarily mean the last one on XRP price, as divergence can still be formed with dominance making a LH and price making a HH. RSI remaining in an uptrend w/ recent fakeout below the diagonal support and now already back above. Bottom line is, as you can see, historically XRP.d tends to do 2 major impulses, so far all of them reached the final major resistance area, marked as “area to offload all your remaining XRP”. It should be noted that this time it may not necessarily hit this major resistance area, as the market is growing larger over the years, meaning it’s always tougher/less likely for a coin to reach peaks of previous market shares, however not impossible. It also means you should DCA out on the way up, meaning the final area is the one, where you get rid of all your remaining XRP and then leave the market or rotate elsewhere (depending on your strategy / risk appetite). To conclude our update, I must say XRP is well on track, going into it its 5th wave within 3rd or final fifth. Being bearish here makes no sense with HTF clearly remaining bullish, supported also by recent breakout off the bull flag. Conclusion: Targeting at least $10. Don’t forget to drop a follow if you like my content @MaeliusCrypto 🫡

MaeliusCrypto's tweet photo. $XRP Macro Update #3

Time has come to make another macro update on XRP, as it’s now breaking out of ca. 6m long bull flag. Many have turned bearish during this time, but we’ve remained patient and focused on our plan, as I believe some serious gains are yet to come.

Since my last update in April, not really much has changed judging from broader macro perspective, but I still see the need to make this update as some may’ve lost focus and others may get too emotional during next parabolic advance, hoping for unrealistic targets coming to fruition ($586 gang).

Let’s start this time with the Optimistic case, which I assigned 40% probability.

In this case I think there is a possibility for W3 top not being in just yet. Main reason for this one to have lower probability is because we may be potentially running out of time, since I place a very high probability of BTC topping this year and alts in Q4 or Q1 next, and I would think XRP would need more time to complete also 4&5th afterwards (however not impossible, though).
On top of that structure on RSI is showing us there may potentially be only 1 major impulse left.

One distinction compared to previous cycle is accumulation area lasting quite longer than before, making me believe following waves may potentially be even more impulsive as before, since we are having a super strong base.

My target remains unchanged in this scenario, likely in the range of $15-$20.However, I have discussed potential XRP targets and when should be prudent to take profits in my first thread on XRP, w/ price targets remaining unchanged (https://t.co/TqmkInuPsW).

XRP Base Case with 60% probability assigned.

As outlined in my previous thread, XRP is respecting EMA50 during the bull market w/ no weekly closes below, which is also being well respected in this cycle so far.

Base case assumes XRP has completed W3 and W4 and is now starting its final 5th EW towards 10$+.

As you may’ve noticed RSI is behaving in a very similar fashion as in the previous cycle, meaning also from this perspective conclusion can be made that this truly is a final wave.

Historically, RSI tops in the resistance area in red, suggesting bulls are running out of steam, i.e. overbought territory. Conservative assumption is for a magnitude of W5 to replicate the one of W3, thus targeting ca. 10$, which is unchanged to my previous update.

XRP DOMINANCE (XRP.d):

Now we need to look at XRP.d (market share), which is behaving according to our plan, w/ 2nd wave taking a bit longer than in the previous 2 cycles, getting ready for a final push higher, likely into our major supply zone.
Please note that final parabolic advance in dominance doesn’t necessarily mean the last one on XRP price, as divergence can still be formed with dominance making a LH and price making a HH.

RSI remaining in an uptrend w/ recent fakeout below the diagonal support and now already back above.

Bottom line is, as you can see, historically XRP.d tends to do 2 major impulses, so far all of them reached the final major resistance area, marked as “area to offload all your remaining XRP”. It should be noted that this time it may not necessarily hit this major resistance area, as the market is growing larger over the years, meaning it’s always tougher/less likely for a coin to reach peaks of previous market shares, however not impossible. It also means you should DCA out on the way up, meaning the final area is the one, where you get rid of all your remaining XRP and then leave the market or rotate elsewhere (depending on your strategy / risk appetite).

To conclude our update, I must say XRP is well on track, going into it its 5th wave within 3rd or final fifth. Being bearish here makes no sense with HTF clearly remaining bullish, supported also by recent breakout off the bull flag.

Conclusion: Targeting at least $10.

Don’t forget to drop a follow if you like my content @MaeliusCrypto 🫡

9

234

37

88

20K

Mndtrades2 retweeted

Maelius

@MaeliusCrypto

about 1 year ago

If BTC tops at ca. $200k and ETH/BTC reaches the top of a range w/ no deviation above, this brings ETH at ca. $18k. Just to put it into perspective.

9

60

3

8

4K

Mndtrades2 retweeted

Maelius

@MaeliusCrypto

about 1 year ago

$HBAR not many words needed. ATHs soon.

8

153

12

11

29K

Mndtrades2 retweeted

Maelius

@MaeliusCrypto

about 1 year ago

$ETH showing real strength and technically above important key levels. Gonna admit, this looks incredible, but we still need to close the weekly here. Soon people gonna start onboarding this train, thinking ATHs this year is not unlikely scenario anymore ;) Like to see it playing the way it plays.