๐ XRP Short-Term Update The bigger picture remains intact, but short-term weโre still in correction mode. No confirmed local low yet after the pullback that started on Aug 8. ๐ Key Levels to Watch: Upside: โข $310 โ early sign of a local low โข $340 โ major resistance, needs a breakout to flip bullish Downside: โข $285 โ key structural support โข $274 โ Aug 2 swing low โข $265, then $246โ$221 โ deeper supports if $285/$274 fail ๐ Market is still trading in a range. Possibleโฆ
๐ Solana Update: One More Low Before the Bounce? Solana is testing key Fibonacci support ($166โ$180), but so far the reaction looks weak and corrective. Until buyers step in with conviction, another dip remains possible. **๐ Key Levels to Watch:** $174.20 โ First fib support $171.50 โ 100% extension (ideal target) $166 โ 61.8% fib + trendline confluence **๐ Wave Count Outlook:** Structure looks like ABC or WXY correction One more C-wave low could take us into the $166โ$171โฆ
๐ Ethereum Price Update: $4,100 Liquidity Sweep & Whatโs Next Ethereum recently reacted to a key Fibonacci support level around $4,100. As expected, ETH tapped into that cluster and has now shown a bounce. But is this the start of a bigger rally, or just a temporary move in a corrective wave? Letโs break it down. โ
Key Support Levels in Play $4,100 โ Major liquidity cluster, now acting as immediate support $3,665 โ Next Fibonacci support level $3,374 โ Critical level toโฆ
๐ Ethereumโs Fifth Wave Rally: Heading for New All-Time Highs? Ethereum (ETH) continues to ride the uptrend, and the Elliott Wave structure suggests the market could still be gearing up for another explosive move. Letโs break down the current setup and the critical levels to watch. ๐ Daily Chart Outlook โ Big Picture We are still within the fifth wave to the upside that started from the April low. The structure shows: A-wave to the upside B-wave correction bottoming in Juneโฆ
๐ Bitcoin Wave Count Update: Bulls Holding Key Levels for Potential Rally Bitcoin is still in the spotlight as we track the unfolding wave 5 structure on the daily time frame. Despite recent downside pressure, the bullish outlook remains intactโas long as the market holds above $112,000, the August low. ๐ Current Wave Structure Bitcoin continues to print higher highs and higher lows. From the August low, we may be looking at a leading diagonal in wave 1, followed by a wave 2โฆ
๐ Chainlink (LINK) Update: Two Bullish Scenarios in Play โ Key Levels to Watch ๐ Chainlink (LINK) is showing strong bullish structures on both the **1-hour and 4-hour timeframes**, with two possible scenarios unfolding. Letโs break them down step by step. ๐ถ Scenario 1: The Yellow Path (Wave 2 Pullback Possible) A **wave 2 bottom** may have formed in late June (around June 22). We then saw a **5-wave move up** (1-2-3-4-5), which could be complete. Currently, there is noโฆ