ETH was following the bullish ride on the crypto market. But as Bitcoin needs some correction, the price of Ethereum also reached the limit. We can see a massive sellout with bearish candle formation on the D1 graph. It does not mean that we are breaking the bullish trend. I should be just a correction. Let's watch the channel and bounce from the trendline.
Ripple is not following the bullish rally on crypto markets. It is caused mostly because of investigation in the US. It seems like it takes some time when Ripple will rise again. You can see the price under EMAs, and there are also quick sellouts when the price of XRP goes higher. So be patient. For real holders is a good strategy to buy if the price goes lower.
Bitcoin is going to the MOON, but I think there is time for correction. BTC is jumping higher and higher. You can see that the price is always testing new supports after the break with massive buyback. REMEMBER.... UPTREND IS STILL HERE, but Bitcoin should make at least a small correction. If BTC goes back to $30 000, it will be a good opportunity to BUY some.
It looks like many IPO investors get rid of the ABNB stocks, and new stockholders came at the price of $124. Let's wait if ABNB breaks up the resistance around $154.
Fundamental analysis for BABA is not good. They are going to be investigated by the Chinese government for abusing of monopoly position on the market. But the GAP on the chart should be closed. So I am expecting a pull-back to $260. Long term position should be considered. It seems to be the same story as FACEBOOK or GOOGLE sued by the US government.
A massive sell on Rippe just caused a big and quick price dropdown. XRP seems to be still bearish, but I am going to build my positions right now. I sill count with a price drop possibility to $0,25. It looks oversold to me, and I expect XRP a price correction at least to $0,45.
Litecoin seems to be waiting for the next bull run after a small correction. Unlike Bitcoin and Ethereum, indicators are not in bearish divergence, and we can reach the next resistance around $145. But be aware because of the Christmas holidays and the end of the year.
It looks like BTC is going to the MOOON, but be aware. We do not have any other data to find resistance because BITCOIN reached all-time highs. Technical analysis shows an overbought market but beware of retailers who are trying to catch the train. They can raise the price of Bitcoin even higher.
It seems like ETH is overbought and needs correction. The possible target for short is $500. Fundament analysis is still bullish, so be careful. The US and EU are still printing money. This could cause even higher prices on ETH, but it will be temporary.
Bitcoin is attacking $20 000 after a quick correction. I recommend BUY after the proof of breakthrough and pull back. If you want to BUY Bitcoin close to this price level and resistance it is risky. Wait for breakthrough and confirmation even if you BUY BTC for a higher price.