@StephisCrypto

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Avg. Quality

65

Success Rate

0.00

Analysis

42
Correct
0
Fail
10
Pending
31
Ineffective
0
Verified by TP AI

This analysis has a 99.59% probability of being Failure

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Pending
XRPUSDT
Long Entry 3.2882 2025-08-07 22:25 UTC
Target 4.5000 Fail 2.0000
Risk/Reward 1 : 1
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XRPUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis begins by evaluating the altcoin season index, noting its current value at 39. It highlights that altcoins are considered undervalued when the index falls below 25 and overvalued above 75, advocating for buying altcoins when undervalued and scaling out into stablecoins when overvalued. For XRPUSDT the price action since the end of 2024 within a range of $3.00 with previous resistance potentially flipping into new support. The upwards sloping trend line since 2021 is maintained. Breaking this trend line could result in a parabolic price movement. Immediate short-term analysis on the weekly scale shows the Stochastic RSI indicates a likelihood of a push to the upside and it could reach as high as $4.50 or $5. A bullish golden cross is confirmed on the two-day chart, implying momentum to the upside in the mid-term and finally the bitcoin dominance ratio is compared to altcoins, to check a possible incoming Alt season.
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