ripple:native. Bounce.
$XRP stepping back from the sea of short term red.
I am going to speak primarily in cycle level terms here.
Each timeframe you look at needs to have its own analysis. I am not presently trading short time frames. I mostly spend my time on weekly... sometimes daily, and monthly to zoom in or out.
When I place positions for a cycle trade, I sometimes zoom all the way in to 45 min to optimize opening or closing a position, but only after I have a clear setup on the higher time frames.
Ok. That out of the way...
High time frame resistance and support bands shown.
Lower time frame support below (green line for simplicity on this post, but its really a small band)).
We are in a range. We have been since early 2026.
We are actually in a range within a range right now between LTF support, and HTF resistance.
If we test the bottom of the range and hold above it, that is bullish. If price fails and we head below, it is bearish on lower time frames, but since we are still in the HTF range... above support, and below resistance it is still not bearish on HTF.
Simple concepts, I know... discipline in executing it... a different story. Why? Emotions. When prices are at the bottom of ranges, especially on HTF's... sentiment is usually very bad. At the top of ranges, usually exuberant.
$XRP likes to range for a long time. If you chase it, and buy at the top of the range, you will lose money. If you sell at the bottom of the range, you will lose money. You want to sell at resistance and buy at support.
That was quick. Right at the neckline. ethereum:0x4e3fbd56cd56c3e72c1403e103b45db9da5b9d2b
$CVX weekly. Inverse head and shoulders forming, imho.
✅ Held $1.76. Higher low than Feb ($1.45).
⏳ Up 11.5% so far this week. BTC +0.9%.
⏳ Breakout = weekly close above $2.57
Close below $1.76 and it's in trouble. Below $1.039 it's dead.
More in the thread below 👇
$XRP if the count holds: 2 ends near $1.22 (c = a), then 3. Guide $2.09 to 2.93 (log).
Alt iii aims ~$1.99.
Test: ideally, we move over $1.70 in 2 to 4 wks. A stall under $1.70 means 2 is still unfolding. 🍌
$XRP Daily. Same count.
Primary: wave 2 is a flat. a $1.246, b $1.66, c in progress. Low $1.255. Out below ~$0.987.
Alt: 2 ended at $1.246, now ii of 3. It's 98% deep and hanging by a thread. Out below $1.246. 🍌
$XRP weekly. Inverse head and shoulders, imho.
✅ Right shoulder low $1.255. Held $1.246 by under 1%.
⏳ Breakout = weekly close over $1.66, the Sep high.
🎯 Log measured move ~$2.74. Heavy supply $1.80 to $2.40 on the way.
Below $0.987 the pattern is void.
The EW counts in the thread that follows... 👇
$CVX if it breaks out:
First stop ~$4.10. In historical data using stocks, this pattern got there 71% of the time.
The full move points to ~$6.4. That's +147%. Big ask.
$3.30 to $4.77 is where lots of 2025 buyers got stuck.
Many may sell there to break even.
The week closes Sunday 5pm PT. Follow and I'll post the result Monday.
$CVX what could go wrong:
The week isn't over. This is Crypto. That 11.5% can vanish by Sunday.
No weekly close above $2.36 all year so far. Resistance is strong.
Since Sep 1, CVX is down 7%. BTC is up 7%.
The right shoulder is new... may need more time to form.
A slow build is typically stronger than a fast spike.
$CVX weekly. Inverse head and shoulders forming, imho.
✅ Held $1.76. Higher low than Feb ($1.45).
⏳ Up 11.5% so far this week. BTC +0.9%.
⏳ Breakout = weekly close above $2.57
Close below $1.76 and it's in trouble. Below $1.039 it's dead.
More in the thread below 👇
I think I have had vote locked CVX running for at least 100 of those rounds.
(1/8) @VotiumProtocol $vlCVX Round 133 Report:
SUMMARY
- $303.0K Votium incentives
- $0.0098/vlCVX
- 13% APR (at CVX = $1.98)
HIGHLIGHTS
- Votium total down 7% from R132, but up over previous 5 rounds
👇
I hate getting calls now... even with the email text... it's a constant distraction... and as I type this, another AI spammer is calling me lol.
Don't know about the rest of you, but since the call centers have been taken over by AI, I literally get at least 50 spam calls a day, in spite of the fact that I am on the national do not solicit list.
Voice spam is out of control... and AI has just started.
I don't really answer my phone anymore, except for callers from my contact list. Every time I go beyond that, I instantly regret it.
Call center jobs grew ~4% annually for 15 years
Now they’re shrinking 4% annually
Charts of the Week: a16z.news/p/this-week-in-cha…
😳
$136 is our1X target
We never calculate upside targets using log scale
We usually use log scale to calculate downside targets
