The top three cryptos: BTC, ETH, and XRP are today's topic of discussion after the SEC dropped the XRP news. Everyone on Twitter is picking each other apart and calling each other names, with the instigator being none other than Brad himself trying to front run the SEC lawsuit news. Vitalik responded to this by calling XRP a sh!tcoin which I thought was pretty funny for someone of his status, basically the top dawg in crypto space beefing with the other top dawg.
Anyways, my previous ETH analysis where I called the reversal to $600 hit and bounced off of there. After not closing above the monthly resistance at $670, the price came back down to $601 monthly support and now has found $617, $623, and now trying to close over $636 as support before it heads back to $670 monthly resistance.
To all my Spot traders, this is a beautiful long (best at $601 called previously) heading towards $670 - $687 target.
To all my Futures traders, i'd wait for a perfect entry along $601 or even hugging along this trendline before it goes long.
I don't think it's going to reverse right away, it'll take a few days but it's in the process of reversing.
Thanks for all your continued support traders!
Anyways, my previous ETH analysis where I called the reversal to $600 hit and bounced off of there. After not closing above the monthly resistance at $670, the price came back down to $601 monthly support and now has found $617, $623, and now trying to close over $636 as support before it heads back to $670 monthly resistance.
To all my Spot traders, this is a beautiful long (best at $601 called previously) heading towards $670 - $687 target.
To all my Futures traders, i'd wait for a perfect entry along $601 or even hugging along this trendline before it goes long.
I don't think it's going to reverse right away, it'll take a few days but it's in the process of reversing.
Thanks for all your continued support traders!
