XRP Sitting On The Edge: 200-Week EMA Signals Massive Move Ahead
XRP is hovering at a critical inflection point as price presses directly against the 200-week EMA, a level that has historically separated prolonged bear phases from powerful cycle expansions. This isn’t just another short-term test; it’s a high-timeframe battleground that has defined XRP’s macro direction in prior cycles. With the price sitting right on this line, the next decisive move could set the tone for months to come, making this a pivotal moment that traders cannot afford to ignore. Resistance Still Intact — Macro Plan Unchanged In a recent XRP update, ChartNerd stressed that the....
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Last Week we concluded with the following: We are on the very edge of turning fully bearish for the near futures. At the moment the short-term view is set up for a small bounce to the US$365 levels, but after that we will most likely see more downside. The intermediate term view is sitting right on the edge and we would need a break back to US$380 and above next week to change that. US$340 is the critical number to watch. “The smartest thing Satoshi ever did is to remain anonymous, and in this day and age, you can imagine how difficult that must have been.”
Ethereum is holding above the $3,000 level for the fourth consecutive day as the market enters a decisive week dominated by the upcoming FOMC meeting. Traders are cautiously positioning ahead of the Federal Reserve’s announcement, aware that liquidity signals and rate expectations could determine whether this recovery continues—or breaks down. Related Reading: FOMC Week Playbook: […]
Avalanche (AVAX) is coiling for a massive move. A potent Wolfe Wave pattern is forming alongside a test of a key weekly trendline. This structural confluence signals that the market is reaching a point of maximum compression, indicating that a significant directional breakout is imminent. Wolfe Wave Formation Signals Strong Future Move According to a recent technical analysis by BeLaunch, AVAX is shaping a notable Wolfe Wave pattern, a formation known for sparking strong directional moves once completed. This developing structure reflects tightening price action and growing pressure within....
The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind.
Edge Reveals Privacy-Centric Crypto Mastercard
The digital currency firm Edge has announced the launch of the Edge Mastercard, a loadable crypto debit card that doesn’t collect KYC data. Edge revealed the Mastercard on Twitter and....
Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing a melt up in risk assets including cryptocurrencies. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 10, 2022 Before suggesting any type of bottom is in, more downside could still be ahead, with this recent movement being nothing more than a bearish retest. Related Reading: Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022 Did The Drop Fill Out A Bullish Wedge Pattern? The downward....