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XRP has successfully broking above the C-fork and 45 degrees Gann fan line, momentarily testing the resistance of the horizontal range at 0.5494 and retracing. The price has maintained its position above the midline of the descending channel. This is potentially bullish.the midline of the descending channel is also the neckline of an inverse head and shoulders pattern. Price has broken above the inverse H&S neckline and retested it. the inverse H&S potential measured move target is 0.5637.1st and 2nd target reached.

The monotonous price movement could soon come to an end, as we anticipate increased volatility when the price breaches the Fibonacci circle. While my inclination leans toward further upward price action due to the breakout from the long-term descending wedge, it's worth noting that recent price action has been lackluster.The Bollinger Band Width, expressed as a percentage, hit its lowest point in June, a level not seen since July 2020, just before the remarkable bull run that led to the all-time high.My initial drawing of this Fibonacci circle dates back to December 2022

Despite the current unfavorable outlook, taking a step back and examining the larger time frames reveals several bullish patterns that suggest a potential rise in price in the future.Over the extended period, price action has conformed to an upward channel since 2020. This upward channel's legitimacy is substantiated by numerous pivot points aligning with its resistance, support, and mid-band trend lines. At present, the price has once again tested the support of this channel, part of which forms the support of a long-term bullish ascending triangle.A notable aspect is the establishment of a long-term price base, illustrated by the orange curve, above the $1000 mark.Furthermore, the bullish C-fork experienced an upward breakout in April 2023. The target of this C-fork corresponds to the C-fork pivot at $3500. Intriguingly, there was a lack of price rise after the break up from the C-fork, with price retesting multiple times the final leg of the C-fork.The optimistic scenario involves price rebounding from the C-fork leg and ascending triangle support, heading towards the c-fork's target of $3500. If price break upward from the ascending triangle, the triangle's measured move is $4760, coincidentally aligning with the C-fork's highest pivot.Anticipating a more ambitious outcome, I believe ETH could potentially reach $20,000, which marks the zenith of the ascending channel, around August 2024.Conversely, the bearish scenario envisions a breakdown in price from the ascending triangle and rising channel. This could lead to a dramatic fall in price to the measured move at $285, with first support at $630.Link below is an idea from August 2022 that aligns perfectly with this current analysis.

BTC has formed the renowned Livermore cone, which brought immense success to one of the most accomplished traders in history, Jesse Livermore, earning him $100,000,000 in the 1920s.The Livermore cone represents an ascending widening cone pattern. A breakout to the upside typically results in a blow-off top. According to Jesse Livermore, the measured move of the cone is eight times the width of the range at pivots 6 and 7.Based on my estimation, I anticipate a breakout at 44.2k around early September, at pivot 8. The projected measured move amounts to 76k. Pivot 9 is congruent with BTC's ATH, which might not be a coincidence.Regrettably, the validity of the Livermore cone has been refuted. Consequently, the immediate anticipation of a market rally has been diminished. Nonetheless, a potential silver lining lies in the reduced probability of a blow off top leading to a subsequent market crash. At present, the more likely scenario involves a retest of the cone's former support, now functioning as a resistance level. This outcome holds greater likelihood compared to scenarios involving consolidation within the range of 30K to 26K or a drop below the 26K support to 20k, IMO.

BTC Printing a Livermore Cone, Breakout to 70k BTC has formed the renowned Livermore cone, which brought immense success to one of the most accomplished traders in history, Jesse Livermore, earning him $100,000,000 in the 1920s. The Livermore cone represents an ascending widening cone pattern. A breakout to the upside typically results in a blow-off top. According to Jesse Livermore, the measured move of the cone is three times the width of the cone's opening at the breakout. Based on my estimation, I anticipate a breakout at 37.5k, which is twice the current range and twice the width of the descending channel. The projected measured move amounts to 70k.

XRP has multiple bullish pattern breakouts: The descending falling wedge with a measured at 0.91. The triple bullish C-fork break out, with a measured move at 0.5 and 0.91. Descending triangle breakout with a measured move at 0.55.The ideal long entry would have been at range support, but if price breakout of range then the next targets are mid range at 0.7, order block at 0.795 and range resistance, c-fork and falling wedge measured move at 0.91.

I did this chart in November 2021 and expected a black swan event but the market ended doing a slow painful decent in a downward channel . However, the ratio touched support at 9.64 as predicted and I expected the market to flip bullish afterward. But Sam Banksman Fried's shorting the market with FTX customer deposits to save his Ponzi dropped the market below support.As a rule of thumb in crypto, all inorganic moves revert to their starting point. Such examples are the 2019's XI pump which reverted in a months’ time and the Trump pump which resulted in the covid black swan event.So the FTX dump and manipulation spectacularly reverted with a Bart up and all bears waiting for 12k were decimated. The Bart up formed a fake out below key level with retest which is a very bullish pattern .Currently the ratio broke out of its more than a yearlong descending channel with a retest followed by a strong bounce, breaking over the order block and range resistance at 13.87. The retest was confluent with the retest of the fake out below key level doubling the probability of an upward trend.The descending channel measured move is at 20.53 which confluent with the descending channel midline and triple the 10 to 14 range. All these confluences indicate a high probability target.I was in the past been able to predict the major bull run of 2020 with the BTC to gold ratio.and that the 9.6k gap was internally closed by the CME and that price will no longer fall to close the gap.The 20.53 ratio target will correspond to 51K if gold reaches 2500. The measured move the BTC falling wedge is at 48k which means that gold can reach 2.33k .BTC to gold ratio is a good indicator because it highlights patterns that are not clear on the normal BTC price chart. Coupled with other analysis the BTC to gold ratio should give high probability predictions.

This is a fib circle that I drew in 2019 and titled it "BTC by the end of 2020". It predicted two paths, euphoria and depression and the euphoria path won. Now I predict two paths based on the same fib circle and Gann fan. This time I don't predict a drop until 48k. Based on my other ideas linked below BTC still moving up for a while.48k is the measured move of the falling wedge in the chart that BTC broke out of in January and has just retested. We notice that at 48k there is a fib circle around June. Price might slide down to 11.8k along the Gann fan line that intersects the fib circle at 48k. Price sliding down the Gann fan line happened in April 2022, August 2019 and January 2018.Or BTC can go parabolic and reach 200k in mid-2024 which bodes well the lengthening cycle theory.This is the idea with the fib circle from 2019

BTC broke out from the long decending channel in January after a 30% pump. Currently price is retesting the long decending channel and printing an inverse head and shoulders pattern.I expect side way consolidation to trap shorts and gain fuel for the next pump to 28k. The measured move of the inverted head and shoulders is 40k. But I can see price reaching 48k as predicted in previous ideas linked below.March will finish green according to my idea linked below.48k this monthMore fantastic projections

Throughout BTC's history, two monthly Heiken Ashi green candles have been followed by a red candle only three times. Two monthly Heiken Ashi green candles have been followed by a green candle six times, in BTC's history. There is twice the odds that next month's BTC candle is green. Couple that with other analysis that I have done in the past and next month being is high probability.Remember, people are McD Burger's secret ingredient. Don't be a burger!Don't become a bear burger