Bullish trend to new maximum or just a big correction to search a new min below 0.95? Both scenarios are possible and entire depend on FED's and BCE monetary policy. COT shows more long than short for non comercials.
As recently mentioned, there is still a small chance for bulls. It was definitely not a flat 3-3-5 correction. The last possibilty could be a 3-3-5 irregular or expanted flat. If not, then I cannot see any other possibility for bulls.
Tomochain has been changed to Viction on 24 november. I do not expect any changes in the direction forward to a new ATH. The fourth wave of major degree forming an elliot triangle abcde wave is still not finished. I do expect the start of the fifth wave between end of december and january 2025.
As already mentioned for weeks, any of the 4 objectives are feasible as long as the price moves between 1.0448 and 1.1257 doing the supposed B wave. There is nothing more to analyze until the end of the year, unless the price breaks the indicated range.
XRP was never my favorite Token but we have to keep attention as its potential is extremely high. I do expect to reach out 23$ between january and april 2025
As per my calcs, tomochain is soon ready to start his 5th of higher degree wave to reach out a new all time high.
ADA could be ready to start for the so long awaiting new bull cycle. However, there is still a chance to see a new low around 0.21 - 0.20 before init the rocket.