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If You Had Traded on This Analysis…
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XRPUSDT
Entry 2.8796 2025-08-29 12:25 UTC
Target 3.2700
Fail 2.7800
Risk / Reward 1 : 4
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XRPUSDT
Cryptocurrency
Technical
1H
Analysis Predict Range Market
Body
The analysis begins with Bitcoin at $110,000, noting it's at a support level, a bounce is possible at 110,000 otherwise it will reach 106,500. Ethereum is at $4400 testing $4367 support. Solana is currently at $209. XRP is approaching support, and Cardano is also nearing a support level. The S&P 500 made a new all-time high, with Gold appearing to break out in the daily timeframe. The focus will shift from crypto to Gold and traditional markets, anticipating a bullish move. It discusses the CFTC potentially allowing US traders back on non-US exchanges, it should bring liquidity to altcoins, which may have seen underwhelming gains, and also mentions upcoming PCE inflation data.
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