Hi Everyone
A Quick analysis on XRP.
At this point, we have retraced under the first long term Fibonacci retracement range which is the 0.236 at 87c. From this point, a fall to the next major support seems likely.
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Best Regards
Ev
Hi Everyone
Quick update on Ethereum, for as long as Bitcoin keeps trading lower, we can expect Ethereum (and the altcoin market) to do the same.
I am expecting a bottom around $3300.
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Best Regards
Ev
Hi Everyone
Quick analysis on Solana today. From the technicals and BBands, it seems likely that we revisit the $180's zone. If we are unable to see a bounce from this level, $160's become more likely.
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Best Regards
Ev
Hi Everyone
Starting today's analysis with a bang!
Quick look at MATIC - it is part of a very small group of coins that has not yet revisited its first high ever made.
From the technicals, it seems likely we go higher IF Bitcoin can trade range/sideways.
Best Regards
Ev
Hi Everyone
Quick analysis on Fantom. It seems likely to revisit the $1.50 area in the near future. Remember, by looking at the 3D timeframe ,this does not mean it is necessarily going to be a straight line down.
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Best Regards
Ev
Hi Everyone
Another coin that hasn't yet made a new ATH, is EOS. (And those are particularly hard to find during this time of the bull cycle).
I expect EOS to (at least) make it back to the previous high.
Thanks for watching and follow here for daily updates.
Ev
Hi Everyone
As per requests, a quick update on Chainlink.
From the 3D perspective, the chart is looking ready to go higher. My (modest) target for LINK for this cycle is around $45.
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Best Regards
Ev
Hi Everyone
As per requests, a quick update on MATIC.
It seems likely that from the technicals, we might revisit the blue support zone.
Have a great weekend!
Best Regards
Ev
Hi Everyone
Quick update on LUNA. From the technicals as well as the Fibonacci method we have been using over the past 3 weeks, it seems likely that LUNA still has massive upside potential.
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Best Regards
Ev
Hi Everyone
Polkadot might be the next coin to make massive gains. I expect around $70 for this cycle, but it might not be a straight line up.
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Best Regards
Ev
Hi Everyone
Update on Cardano:
Cardano was early to run during this bull cycle. Probably the second after Solana. Because these coins ran really early and hit their ATH's way before even Ethereum, I am analyzing them separately. The Fib method that we have been using so far to determine price targets do not apply to these two coins.
Personally, I think they...
Hi Everyone
Luna could still go higher from what we see in the 3D timeframe. First target I would be looking at is around $46.
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Best Regards
Ev
Hi Everyone
Hope you had a great week. Ethereum looks ready to take a shot at previous ATH range, I expect this to happen at the end of the Bitcoin bull run for this cycle.
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Best regards,
Ev
Hi Everyone
Quick look at Cardano - Technicals are looking great but we're just not seeing the matching volume show up. It seems likely we'll be climbing up with Bitcoin for the interim.
Happy Uptober and Best Regards
Ev
Hi Everyone
It seems likely for Solana to head back to the $130 zone either in this candle or the next 3D candle.
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Best Regards,
Ev
Hi Everyone
Hope you had a great weekend.
XRP made some good strides but nothing out of the ordinary compared to normal price increases on the 3D (which are generally big green candles followed by big red ones). We captured a significant zone in terms of resistance and support, now we need to hold the zone.
If e can keep above $1.10, our next stop is most...
Hi Everyone
From the 3D perspective (near term, not immediate) we could still see more upside for LUNA.
If you're looking for more coins with upside potential, check out AXIA (AXIA post in related ideas)
Hope you're having a great week,
Ev
