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XRP Paints Falling Star Pattern, Is Bitcoin (BTC) $110,000 Correction Imminent? Ethereum (ETH) Euphoria Continues,

2025-07-19 00:12:56

XRP Paints Falling Star Pattern, Is Bitcoin (BTC) $110,000 Correction Imminent? Ethereum (ETH) Euphoria Continues,

Main Idea

The article discusses recent market trends for XRP, Ethereum (ETH), and Bitcoin (BTC), highlighting potential corrections and bullish signals.

Key Points

1. XRP is displaying a falling star candlestick pattern, suggesting a potential reversal or pullback after a strong bullish phase.

2. Ethereum (ETH) is experiencing extreme market euphoria, with a 40.6% daily gain and surpassing the $3,000 psychological barrier.

3. Bitcoin (BTC) shows signs of exhaustion after reaching $123,000, with a potential drop to the $117,000-$115,000 range, though a trend reversal is unlikely.

4. XRP's Relative Strength Index (RSI) is overbought, indicating a possible consolidation or cool-down phase.

5. Ethereum's RSI is approximately 85, signaling an extremely overbought market, but structural support from DeFi protocols and layer-2 solutions may sustain the rally.

Description

Market not ready to give up, but bears might not leave it a choice

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