Total Quality
Score
If You Had Traded on This Analysis…
Fail
XRPUSDT
Entry 3.2764 2025-08-11 05:37 UTC
Target 3.4000
Fail 2.9000 In 1 Weeks
Risk / Reward 1 : 0
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Final PnL
-11.49%
P/L:
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XRPUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis reviews the cryptocurrency market. Bitcoin has closed at its second-highest weekly level in history, the ethereum is reaching new cycle highs trading at around $4,250, the total market cap is breaking into new all-time highs, but altcoins are struggling. The analysis is based on price trends, market data, support and resistance levels, and invalidation levels. Bitcoin is expected to find resistance around $120,000. Ethereum is expected to retest a previous all-time high of $4,800. XRP is to break $3.40 to rally new all time highs. The Daily Exchange Volume chart is used as a leading indicator, and currently, there hasn't been a strong uptick in volume which could lead to a sustainable trend in altcoins. The 24-hour volume is at $295 billion, and long/short ratio is positive and getting close to a 50/50 equilibrium. ETF inflows and outflows are a inverse indicator. A drop to $117,500 would invalidate the Bitcoin analysis. Ethereum invalidated bellow $4100.
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