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|Legacy
BTCBTC
💲77913.53
+
0.77%
ETHETH
💲2137.05
+
0.26%
SOLSOL
💲86.91
+
2.32%
HYPEHYPE
💲58.78
+
20.7%
ZECZEC
💲646.22
+
14.59%
USDCUSDC
💲1.00
-
0%

CrediBULL Crypto
CrediBULL Crypto|4月 07, 2025 08:42
Despite the HTF bearish divs on XRP/ETH, the pairing continues to hold up very well. XRP has hit my downside target on the USD pairing at 1.60, but the XRP/ETH pairing has barely moved to the downside in that same window of time. If we do reclaim the range (break back above 2-2.20) and the PO3 on the XRP USD pairing is going to play out, then it may mean that XRP is even stronger than originally anticipated and the XRP/ETH pairing may not get a larger pullback after all. The alternate is that XRP breaks down from the current buy zone and that weakness might then translate to the XRP/ETH chart. Of the two scenarios I lean towards the former (extra bullish XRP/ETH) simply because between XRP and ETH, XRP has displayed much more impulsive PA prior to this market-wide correction than ETH. Assuming we hold the 1.60 zone, this impulsive PA should continue on a market-wide rally. This correction down to 1.60-ish was a window of opportunity for ETH to hold relatively strong while XRP dropped (sending XRP/ETH down) but we didn't see that. For now going to simply keep observing until we get more PA to work with.
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Timeline

5月 07, 05:07【Market surges and falls, Federal Reserve interest rate decision】
5月 07, 02:32【BTC rebounds to 97800 price after falling】
5月 06, 15:45【Big cake rebounds, pay attention to the top of the horizontal sector】
5月 05, 20:56【US stocks and BTC rebound before falling】
5月 05, 19:18【BITCOIN breaks through 100000 and will rise to 125000】
5月 05, 15:30【The opening trend of the US stock market continues with futures reactions】
5月 05, 13:14【Bitcoin sticks to key support levels】
5月 05, 08:31【Bitcoin's downward adjustment is not yet in place】
5月 05, 03:35【The weekly level of the pancake is starting to weaken】
5月 05, 03:07【BTC price rebound not exceeding 95.2k will continue to decline】

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