$XRP is currently trading in a sideways-to-bullish consolidation, showing signs of accumulation after recent volatility. Price action suggests buyers are slowly stepping in.
$ETH Current Structure (Candle Chart View): On the recent daily candle chart, ETH is showing a short-term consolidation phase after a recent pullback. The candles indicate: • 🟢 Strong bullish rejection wicks near support zone → Buyers defending lower levels. • 🔴 Mixed small body candles → Market indecision (possible accumulation). • 📈 Price attempting to hold above key psychological support.
Key Levels to Watch: • Support: $1,800 – $1,820 zone • Resistance: $1,880 – $1,920 zone • Break above resistance with a strong bullish candle = potential move toward $2,000. • Breakdown below support with high volume = further downside continuation.
Candle Pattern Insight: Recent candles suggest a possible bullish reversal setup if a strong engulfing candle confirms above resistance. Volume confirmation is important.
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