@CryptoWorldJosh

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XRPUSDT
Short Entry 2.0215 2025-12-13 03:39 UTC
Target 0.9000 Fail 2.1000
Risk/Reward 1 : 14
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XRPUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis focuses on key cryptocurrency price movements and technical indicators across various timeframes. Ethereum (ETHUSDT) is observed retesting a crucial support zone between $3,000 and $3,100 on the daily chart. A sustained hold of this level could lead to an upward move towards the $3,400 resistance. On the 4-hour chart, Ethereum's RSI has reset from overbought conditions, and a developing hidden bullish divergence implies a potential continuation of the short-term bullish trend. Bitcoin (BTCUSDT) is consolidating within an ascending triangle pattern on the 6-hour chart, indicating a potential bullish breakout. Resistance is identified at $94,000, with a successful break targeting $107,000. Conversely, a breakdown below the ascending support line, approximately at $88,000, would invalidate this bullish scenario. The weekly Bitcoin chart highlights an ongoing larger bearish trend influenced by a significant bearish divergence, although the 3-day RSI suggests oversold conditions that might offer short-term relief or sideways consolidation. XRP (XRPUSDT) is positioned at a critical long-term support zone between $1.80 and $2.00 on the weekly timeframe. A confirmed breakdown below $1.80 is projected to trigger a substantial, multi-month decline, potentially halving its value to $0.90, supported by an active bearish divergence. Chainlink (LINKUSDT) is trading sideways on the daily chart, bounded by support at $13.40 and resistance at $15.00. An active bullish divergence suggests continued choppy price action within this range, with potential for an upward move if Bitcoin's market sentiment improves.
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