Imperialism, led by the US, has built a military base called Israel over the past 80 years. And they donโt accept the existence of a strong, independent Iran on the eastern border of the false, illegitimate geography of "Greater Israel"โthat is, east of the Euphrates River.
๐จ The Crypto Move We've Been Waiting 4 Months For?!๐จ
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:
โก๏ธ Sharp move down toward ~$0.92
โก๏ธ Relief bounce back toward ~$1.20 (which should act as resistance)
โก๏ธ One final move toward $0.87
... markets don't always follow the textbook perfectly...
๐If 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!๐ฅ
#XRPCommunity
Yes, I'm still tracking #BTC as a Wave B correction with Wave B/B/B (๐ ) ongoing... this explains the volatility!
Targets are $85.3k short-term and then the .5 macro resistance at $93k for top of Wave B. #Bitcoin
๐จ The Clock Is Ticking for XRP! ๐จ
Over the last few days, XRP has continued to reject below the major consolidation pattern. We've spent 4 months fighting the $1.65 resistance, and the longer this fails to reclaim it, the more likely it becomes that we need one final flush into the lower macro supports.
I've been talking about these lower support levels for months (coinbase):
- $1.10
- $0.87
I expect the recovery after macro support test to be violent. The first real sign of that shift will be XRP reclaiming $1.65 and turning it into support.
BE READY FOR THIS NEXT MOVE!
#Crypto #xrpcommunity
$BTC Here's the retrace I'm expecting to develop on #Bitcoin for the rest of the week. A corrective move- ABC for subwave 2 as shown.
Wave A looks to be almost complete- perfectly reached the .382 retrace, 5-waves, and a bearish div on RSI. Currently targeting $76k-$75.6k for subwave B/2- this will be strong SUPPORT. THEN, the final push up for Wave C will begin. Wave C uses the low for Wave B, so we will remeasure that when it gets closer- right now targets are aligning perfectly with that HTF fib at $79k. I'll keep you updated as it develops! #BTC