Preço de MovementMOVE

$MEMHASH Lets move to 0,018 🚀🚀

Currently, $TAO is in a low-confidence scenario, meaning price action remains uncertain. However, as long as the price holds above $267.30, there is a possibility that a strong impulsive move could begin. If this support level remains intact, $TAO could initiate wave (3) of 1/C, potentially leading to a significant upward trend. This wave structure suggests an impulsive rally, which could attract increased buying pressure. Traders should monitor key support and resistance levels, volume spikes, and overall market sentiment to confirm the potential breakout. A sustained move above this region may validate the bullish wave count, while a break below could signal further downside risk.

Ripple’s $XRP is up by more one percent and is trading at $2.28 level at the time of writing. After retesting levels below $2, the price is now maintaining bullish momentum. Bitcoin and other coins are also down right now, and some traders are taking advantage of the dip by buying more. The price of XRP has been consolidating around the $2 range, and this is where it could stay for a while, which is a good sign for holders. Overall, the market is seeing a lot of liquidations, with $680 million wiped out in the last 12 hours alone.  Short-Term Price Range and Potential Movements Currently, XRP is trading between $1.96 and its all-time high of $3.30. The price remains squeezed within this range, and a potential upside movement could still emerge. A short-term bullish scenario could see one or two additional highs as part of a larger wave structure, similar to what is expected in other major cryptocurrencies, such as Bitcoin. Possible Elliott Wave Count and Structure There are two possible Elliott Wave counts on the XRP chart. The first suggests the top may already be in place, with the current price action forming a fourth wave triangle. If this count plays out, a final fifth wave could complete the current bullish cycle. The second wave count proposes that an additional 4-5% upside movement may occur before the cycle concludes. The focus remains on the current structure and its potential implications. Validation and Invalidations: Key Price Levels To keep the triangle scenario alive, XRP must stay above $1.90. If the price breaks below this level, it would invalidate the triangle count, suggesting a more direct ABC correction. This scenario would likely see XRP move lower before any potential recovery. For now, it’s important to remain flexible regarding the exact microstructure of the market.

Monthly close isn’t looking too good here, be cautious with longs. I’d like to see a clean break above $89K $BTC , otherwise $73.8K seems more likely before we move up again. We need to be more patient and will likely move sideways for a bit before getting further confirmation.

Ripple’s XRP is up by more one percent and is trading at $2.28 level at the time of writing. After retesting levels below $2, the price is now maintaining bullish momentum. Bitcoin and other coins are also down right now, and some traders are taking advantage of the dip by buying more. The price of XRP has been consolidating around the $2 range, and this is where it could stay for a while, which is a good sign for holders. Overall, the market is seeing a lot of liquidations, with $680 million wiped out in the last 12 hours alone.  Short-Term Price Range and Potential Movements Currently, XRP is trading between $1.96 and its all-time high of $3.30. The price remains squeezed within this range, and a potential upside movement could still emerge. A short-term bullish scenario could see one or two additional highs as part of a larger wave structure, similar to what is expected in other major cryptocurrencies, such as Bitcoin. Possible Elliott Wave Count and Structure There are two possible Elliott Wave counts on the XRP chart. The first suggests the top may already be in place, with the current price action forming a fourth wave triangle. If this count plays out, a final fifth wave could complete the current bullish cycle. The second wave count proposes that an additional 4-5% upside movement may occur before the cycle concludes. The focus remains on the current structure and its potential implications. Validation and Invalidations: Key Price Levels To keep the triangle scenario alive, XRP must stay above $1.90. If the price breaks below this level, it would invalidate the triangle count, suggesting a more direct ABC correction. This scenario would likely see XRP move lower before any potential recovery. For now, it’s important to remain flexible regarding the exact microstructure of the market. $XRP