Bitcoin is trading at resistance with a clear head and shoulders pattern forming that fails to breach $72,000. If Bitcoin violates expectations and breaks the top 74,000$ , the reversal and correction will be stronger #BTCDumpingByUS
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š¼I believe that once MATIC flips this level this resistance its facing, it will quickly reprice similar way SOL has, it imo could be one of those major hcap coins that outperform. Notice how matic kept on rejecting at these key weekly supply zones but has since lost the steam, retested prior range lows, did a fakeout and is now reclaiming both of them. Could be one to really watch š„
After a close monitoring of the XRP currency, I've noticed that the price has broken the downtrend line at the $0.53 level. Currently, this level is being retested.
From my technical perspective, I consider the Fibonacci retracement area to be the ideal place to initiate long positions, and this area ranges between:
1) $0.51 2) $0.50
Looking at the future price movement predictions, I expect to reach the following targets: