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Rocket Wallet Crypto Signals
BTC: Bitcoin remains caught in the range for now.
Rocket Wallet Crypto Signals
XRP: The price has broken out of the descending channel and moved up toward the green line at $1.34, but it has not broken above it yet.
Leading Scenario: The reaction from $1.21, at the 61.8% retracement and the 100% extension, followed a complete 3-wave ABC decline. The current pullback needs to hold a higher low, followed by a higher high above the first resistance at the green line around $1.34 for 5 waves up, and then a 3-wave decline. That would confirm a low and probably mark wave 1 of the next larger 5-wave move.
Risk Scenario: 3-wave moves and trend line breaks often fail, and the price could fall back into the range for another low, with $1.10 as the next support. First support lies at the white trend line and the last swing low around $1.24.
Key Support Levels: $1.24 / $1.21 / $1.10
Key Resistance Levels: $1.34
Bottom Line: XRP is still below $1.34, and it has to prove the low with 5 waves up above it.
Rocket Wallet Crypto Signals
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Rocket Wallet Crypto Signals
SUPER: I don’t see a clear five-wave advance to the upside yet. The support zone for the current pullback is located between $0.104 and $0.175. However, without a confirmed five-wave advance, confidence in the bullish structure remains low.
Rocket Wallet Crypto Signals
Last 24 hours remaining for the confidential membership to end. After this we will be closing the gates forever.
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Rocket Wallet Crypto Signals
XRP: The price is holding up better than many crypto charts and is testing the support zone at $1.10 - $1.29 after a 3-wave decline from the August high.
Leading Scenario: As long as the pullback stays 3 waves and the 50% to 78.6% retracements hold, a reaction from support could start the next move up toward the blue target zone above $2. Waves 3, 4 and 5 of a larger 5-wave sequence would point to all-time highs and possibly $11.45, a long-term projection that is far from confirmed.
Risk Scenario: In the yellow scenario, a move up could again be only a larger corrective rally, and until the market gives a reason to believe that a low is in, the correction can continue.
Key Support Levels: $1.10 - $1.29
Key Resistance Levels: $1.69 / $11.45
Bottom Line: All eyes are on the support zone and on a small 5-wave move up, which would probably confirm a low.
Rocket Wallet Crypto Signals
JASMY: I don´t have much confidence that we get a larger wave iv, but it is still possible. However, this might have been our wave iv already if downside pressure remains high.
Rocket Wallet Crypto Signals
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Rocket Wallet Crypto Signals
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Rocket Wallet Crypto Signals
BTC: The price is under pressure into the weekly candle close and remains below even the smallest resistances, while still holding above the 50-week SMA, a very important support.
Leading Scenario: The correction that started more than a month ago is seen as a pullback in a large uptrend, with medium-term upside still expected, possibly after the midterms. The decline does not look fully complete, so a few more lows into the support zone are possible before a wave 2 or wave B low is in place.
Risk Scenario: There is no evidence yet of a direct breakout to the upside; that would need at least a break above the last October high at around $82,050, and better a breakout from the channel. The correction could also turn more complex before the final low.
Key Resistance Levels: $82,050
Bottom Line: The pullback within the larger uptrend does not look complete yet; the 50-week SMA is holding, and only a break above $82,050 would point to a direct breakout.
Rocket Wallet Crypto Signals
SOL: Solana has spent the entire weekend moving sideways in a tight range. The triangle seems broken but no swing low is broken yet.
Rocket Wallet Crypto Signals
STX: This remains a 1-2 setup and I assume wave B has topped. The pressure is pointing to the downside as long as the price stays below $0.381.
Rocket Wallet Crypto Signals
AAVE: The price has formed a 3-wave move to the upside from the June low.
Rocket Wallet Crypto Signals
XRP: The price is reaching the 100% extension at $1.22 in a possible C wave down.
Leading Scenario: The extended wave 2 is tracked as an ABC structure down. The decline from the rejection in the resistance area around $1.65 counts as five waves in a diagonal, not an impulsive move, and could be the C wave. With the C wave at its 100% extension at $1.22, XRP is in the zone where a reversal to the upside can be attempted. A small five-wave move up and a break above the trend line and then the green line at $1.34 - $1.35 would be the first sign that a meaningful low has formed.
Risk Scenario: A reversal is not confirmed yet, and as long as the price stays below $1.34 - $1.35 the local trend remains down.
Key Support Levels: $1.22
Key Resistance Levels: $1.34 - $1.35 / $1.65
Bottom Line: A break above $1.34 - $1.35 would be the first signal of a low; until then the local trend stays down.
Rocket Wallet Crypto Signals
HYPE: The positive news event acted as a catalyst to start the next upside breakout attempt. While the support zone I communicated yesterday held, the micro structure suggests it was a 1-2 setup and not an internal fourth wave pullback. I think the news event had an impact there. At the moment I am watching the $84.84 - $88.57 area as next support to keep the rally alive. $95 and $98 are the next resistances.
Rocket Wallet Crypto Signals
DOGE: Dogecoin is currently testing the $0.07 - $0.078 micro support zone for a wave (B). This (B)-wave pullback is looking like a flat correction. However, there is no sign that the c-wave to the upside has started.
Rocket Wallet Crypto Signals
$UNI: The price is currently testing the 38.2% retracement level at $6.46. This is an ideal target for a wave (4) but there is no impulsive upside reaction yet. One more high is needed to call the advance from the June low a full diagonal structure.
Rocket Wallet Crypto Signals
NEAR: The price remains in a range and the $4.30 micro support level is still holding. A break below the Saturday low would indicate that the bears are starting to take the lead. I can´t rule out another upside extension but the bounce is only a 3-wave pattern so far.
Rocket Wallet Crypto Signals
SOL: Upside momentum remains very limited for now. Micro support remains located between $98.86 and $100.47.
