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Structure Detected Ascending Parallel Channel Bitcoin has been consistently respecting a broad ascending parallel channel (yellow lines) with three clean touches on both upper and lower bounds. The price is currently sitting near the midline of this channel — historically a pivot zone between continuation and pullbacks. Trend: Strong uptrend with a clear sequence of higher highs and higher lows. Recent pullbacks have all respected the mid-channel and rallied afterward. Heikin Ashi candles are used, which smooth price action — this makes trend strength visually clearer. A few red candles suggest temporary cooling, but not a structural breakdown. Market Bias Bullish — The macro structure remains strong, and price is riding the midline of a clean, long-term ascending channel. No signs of major distribution or topping yet. If price maintains above the midline (~$115k), upside continuation is favored. A break and close below it could trigger a mid-term pullback to lower channel bounds. Bullish Targets If price continues upward from here: $130,000 → Next horizontal confluence within the channel top zone. $140,000–$150,000 → Upper channel resistance; could attract long-term profit-taking or final parabolic push. $170,000 → Extreme target near the top extension of the outer parallel — would imply mania phase or major breakout extension. Bearish Levels If midline fails and Bitcoin pulls back: $100,000–$105,000 → Prior support and lower mid-channel zone. $90,000 → Bottom channel support — clean historical touchpoints. $85,000–$80,000 → Strong psychological + structural support cluster; high-confidence long-term demand zone. Timeframe-Based Targets Daily Swing Targets Upside: $130k → $140k → $150k Downside: $105k → $90k → $80k Weekly Structure: The weekly mirrors this bullish channel. As long as weekly candles close above ~$100k, the long-term trend is intact. Summary: Bitcoin remains in a well-respected bullish channel, currently riding the midline — a typical pivot zone. Holding this zone supports further upside toward $130k+. A breakdown below ~$115k could trigger a deeper pullback toward $100k–$90k support. Macro trend remains bullish unless the lower channel breaks.

Here's the breakdown of the daily XRP/USDT chart analysis: 🧱 Structure Detected The chart shows a strong parabolic rally, followed by a pullback from a local high near the top of a rising channel. Price has retraced and is currently sitting just under the midline of the channel, suggesting short-term weakness but within a larger bullish structure. 📊 Market Bias: Neutral-to-Bullish Despite the local correction, price remains inside the rising channel, maintaining macro bullish structure. A rejection near the channel midpoint and recent failure to reclaim that zone puts the short-term in a neutral state, but as long as price holds the lower channel trendline or horizontal support, bulls remain in control on the higher timeframe. 🎯 Bullish Targets $3.18: High-volume node and prior rejection area (near POC on VPVR) — first key target on reclaim. $3.50–$4.00: Upper channel extension zone — potential area if momentum resumes. $5.00: Psychological round number and top of channel expansion zone — long-term stretch target. 🔻 Bearish Levels $2.70: First major horizontal support (yellow line); key for trend defense. $2.00–$2.20: Strong volume shelf on VPVR; if $2.70 fails, this is a likely bounce zone. $0.67: Fibonacci anchor level (plotted on chart); last-resort structure base. 🕰️ Timeframe-Based Targets Daily Swing Targets: Upside: $3.18 > $3.50 > $4.00 Downside: $2.70 > $2.20 > $0.67 Weekly: Still bullish as long as price holds above $2.70 — structure remains intact. 🧠 Summary XRP is currently consolidating inside a rising channel after a strong impulse move. Daily structure remains bullish overall, but recent weakness near the channel midpoint and POC suggests sellers are active. Watch for price to reclaim $3.18 or break below $2.70 for next directional move.