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Sideways Consolidation Continues as Volatility Compresses
XRP Market Overview
$XRP remains locked in a large sideways consolidation on the daily time frame. This range has effectively been in place for around 12 months, with price moving back and forth without a decisive breakout in either direction.
Some traders view the structure since July as a downtrend, while others see it as a broad consolidation that has been active since December 2024. From a higher-time-frame perspective, the market is still range-bound. There has been no decisive break below the April or February lows, and there has also been no sustained upside breakout.
This type of price behavior is typical for XRP, which historically spends extended periods moving sideways before making sharp directional moves.
Key Range Levels and Long-Term Structure

The broader range XRP has been trading in was already identified earlier in the year. The major support zone lies between:
$1.21 to $1.55
This zone has repeatedly acted as demand, making it an attractive area for range traders. On the upside, previous attempts to break higher, particularly in July, failed to produce sustained momentum.
XRP has a well-documented tendency to remain in ranges for extended periods. While the duration of this consolidation could not have been predicted, the behavior itself is consistent with historical price action.
There is no change in XRP’s overall behavior at this stage.
Potential Upside Reversal From October Low
One important development to monitor is the price action from the October 10 low. There is a possibility that XRP is attempting to form an upside reversal pattern from that level.
However, caution is still required. Price data varies between exchanges, with some showing deeper pullbacks than others. This inconsistency makes it difficult to clearly identify reliable micro-wave structures.
The key support zone linked to this potential reversal sits between:
$1.75 to $2.16
If buyers successfully defend this area and an impulsive structure develops, a larger third wave could eventually target $5 or higher, most likely next year rather than in the current one.
Major Resistance That Actually Matters
The most important resistance zone on the daily time frame is between:

$2.68 to $2.84
This area is critical for shifting the larger trend. Smaller rallies or short-term breakouts below this zone do not meaningfully change the market structure and can easily fail.
Many traders focus too heavily on micro-time-frame movements. While these are relevant for short-term trading, they do not define a trend reversal on a higher degree. A sustained break above this resistance would be required to signal a real trend shift.
Short-Term Price Action and Market Indecision

On the lower time frames, $XRP has been moving sideways throughout most of December. The market remains trapped between clearly defined micro levels:
Micro support: $1.91 to $1.98
Micro resistance: $2.10 to $2.17
Price is currently holding above support and below resistance, confirming that the market has not made a decision yet.
There are no upside reversal signals and no signs of impulsive strength. Until price breaks decisively above $2.17 or below $1.91, short-term direction remains unclear.
What Happens After the Break?
XRP is known for contracting volatility before releasing it suddenly. The current compression suggests that a fast move will eventually occur.
Key levels to monitor after a breakout are:
Above $2.17: resistance zone between $2.32 and $2.58
Below $1.91: next support near $1.77
For now, all upward movements remain corrective and weak, with no higher highs formed. Downward pressure remains slightly dominant until proven otherwise.
Final Thoughts
$XRP continues to do what it has done many times before: trade sideways, frustrate traders, and compress volatility. Patience remains essential.
The levels to watch are clearly defined. Until the market breaks out of its range, smaller moves should not be mistaken for a trend change. A decisive move will come, but for now, XRP remains in hibernation mode.

Key Resistance Zone to Watch
The current Wave 4 bounce on $LINK is approaching a clearly defined resistance area between:
$14.03
$17.30
This zone is important because it represents the area where price could get rejected and resume the broader corrective move this is a region where sellers may step back in if the structure remains corrective.

Bigger Picture Outlook
Only a very small number of charts currently suggest that a meaningful market low may already be in place. That said, the market does appear to be approaching an area where a low could form.
A sustained upside breakout is not expected this year. Toward the end of the year, liquidity typically decreases as participants step away from the market. This environment often leads to prolonged consolidations rather than decisive moves.
Wave 4 corrections frequently develop during this time, which aligns well with the current market behavior.
Elliott Wave Structure and Possible Triangle
The entire corrective move on $LINK can be interpreted as part of an Elliott Wave triangle, although alternative counts remain possible.
If price makes another low, the next major support area sits around $10, which corresponds to the April swing low.
If price instead breaks decisively above $17.30, it could open the door for a move toward the upper boundary of the larger range, currently projected around $26 to $27. Precise levels will become clearer if and when a breakout begins.
Short-Term Structure and Near-Term Levels

On the lower time frame, $LINK shows a structure similar to many other altcoins. While a higher high has already formed on December 9, the Wave 4 structure still appears incomplete.
The move from the November 21 low is best viewed as a W–X–Y correction, with the Y-wave unfolding as an A–B–C structure. The B-wave may still be developing.
The initial move higher was clearly a three-wave advance, suggesting a corrective structure rather than impulsive strength. This keeps the probability of another C-wave decline elevated.
Support Levels to Monitor
If the expected C-wave decline continues, key support lies between:
$13.22
$12.35
The $13.20 area stands out as the most immediate support. One more low remains the higher-probability scenario unless price breaks above the recent swing high near $14.35.
Volatility often increases late on Sundays, so short-term price action may already be in motion by the time this is read.

The $SUI market has been frustrating and that’s completely understandable. But instead of fighting the market, our job is to understand what it’s telling us.
🔍 Big Picture: SUI Is Still in a Downtrend
From the January 2025 high, SUI has been trading in a clear downtrend, which can be interpreted as an ABC corrective structure:

Wave A – initial impulsive decline
Wave B – corrective rally
Wave C – continuation to the downside
🎯 Ideal C-Wave Target Reached: $1.40 Confluence Zone
One of the most important takeaways is this:
Price has reached the ideal 100% extension of the C-wave at ~$1.40
This level is calculated by:
Measuring the length of Wave A
Projecting that distance from the Wave B high
What makes this level even more significant is Fibonacci confluence:
100% C-wave extension
50% retracement of the entire rally from the October 2023 low
Both levels overlap almost perfectly around $1.40–$1.41.
🔄 The Bounce: Wave (4) in Progress
After reaching the $1.40 support zone, $SUI staged a bounce — aligning well with what was expected for a Wave (4) corrective move.
📌 Current resistance zone:
$1.67 – $2.21
This resistance is derived from:
Fibonacci retracements of the third wave decline
Typical Elliott Wave guidelines for a Wave (4) rally
Price has moved into resistance in a three-wave structure, which is exactly what we expect from a corrective bounce.
⚠️ Is the Downtrend Over? Not So Fast
While reaching the 100% extension is encouraging, it’s only the first ideal target for a C-wave.
A full C-wave typically unfolds in five internal waves, and right now:
❌ The structure does not yet look complete
❌ A final fifth wave lower is still missing
Potential Extended C-Wave Targets:
$1.17 → 123.6% extension
$0.91 → 138.2% extension
$0.69 → 161.8% extension
These levels form a tight cluster of long-term support if price makes one more low.
⏱ Short-Term Focus: 1-Hour Timeframe Structure

In the short term, Wave (4) may not be finished yet.
Key observations:
No impulsive rejection from resistance
No confirmed breakdown structure
Price is still holding above key support
Key Support Zone:
$1.39 – $1.52
As long as this support holds, Wave (4) can continue to extend sideways or higher.
🔁 Two Scenarios to Watch
🔵 Scenario 1: Wave 4 Is Complete
Breakdown below supportImpulsive move lower beginsFifth wave targets: $1.17 → $0.91
🟡 Scenario 2: Wider Wave 4 (Still Active)
Price continues rangingPossible ABC or triangle structureBullish confirmation only above: $1.75 – $1.76 breakout
Until that breakout happens, any upside remains corrective, not impulsive.
🧠 Final Thoughts
$SUI has respected every major Elliott Wave and Fibonacci levelThe $1.40 zone was a textbook reaction pointThe market is quiet — which makes this a perfect learning environmentPatience is required until structure confirms direction