We’re Analyzing Market-Driven Liquidations!
Looking at the past few hours, the most significant liquidation activity occurred on $ZEC . The main reason for this was that it surpassed the $1,000 level, reaching a #zechitsanewalltimehigh
The fact that it even outperformed $BTC and $ETH shows just how intense trading activity has been on ZEC. This rally could remain a liquidity-driven move, but since the $1,000 level which investors had been anticipating was finally breached, the broader marke...
$XRP just broke out of its downtrend, and the breakout has already been retested with the retest holding strong. That’s exactly the kind of confirmation bulls want to see. ✅ If this bullish structure continues to develop, I’m watching $3.63, followed by $6.89 and potentially $13.56. An XRP move above $10 in the next major bull market might sound ambitious, but with momentum rebuilding, I wouldn’t count it out.
If we're still stuck in a WXY correction, X looks done at the weekly. That sets up a three-leg drop for Y (ABC).
A wave probably still building. Once it finishes, B could:
• Tag the high again
• Stop just shy
• Stall mid-range in A
B waves are always a mess to call. But once B wraps, C becomes the clean setup.
If WXY plays out, I'm eyeing a fresh high above 83K after Y completes.
Alternate read: We're not in correction at all. Wave 5 of the bigger structure topped at the weekly, and we're ea...