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#btc can we get this type of fractal? Bidding May? Bullish summer? Can we get it?

Bitcoin Update 31.03.25 - 06.04.25 HTF: Monthly close is right around the corner — which means April is here. So far, we're still stuck in no man's land, hovering just above that key 72K level which everyone seems watching. Will we hit it? Eventually. Will it hit now? Likely — but not guaranteed. Until then, I’m staying sharp and preparing for every outcome, as always. MTF/LTF: As mentioned in the altcoin update on Discord, we’ve got two main scenarios playing out here: Three Drives Pattern – If this plays out, it should happen early this week to still align with MTs rule of the distance between the drives. Head & Shoulders Formation – If this forms instead, a lot of those patiently waiting for 72K might end up eating dust. Some supply levels above — similar to what we’re seeing on altcoins — are catching my eye for potential short targets. Until range lows/highs break, those remain my primary zones of interest. Orderflow / Sentiment: Crypto news still reads giga bullish, but the orderflow tells a different story — people shorting the lows. A lot of traders are eyeing that 72K level for longs — myself included — but from an HTF perspective, there's nothing here to long just yet. Right now, it’s all about sniping LTF/MTF longs with local targets and leaving some room to trail — just in case this ends up being the bottom. In my opinion, some altcoins currently offer better opportunities for that type of setup. Outlook: All BVOL charts are either in, have reacted, or are currently hovering around key areas. Something has changed — or is about to in the near term. Are you prepared for every outcome? I wish you all a great and profitable week ahead. ✌️

🎮 #GameFi What Type of Web3 GameFi Would You Most Likely to Play?

Renewed optimism surrounds XRP, largely fueled by recent technical breakouts and supportive regulatory developments that have analysts projecting significant potential gains, possibly reaching as high as $15 per token. XRP has shown strong upward momentum, decisively breaking through key long-term resistance levels, while positive chart patterns appear to be forming. This technical picture, combined with favorable regulatory shifts and signs of growing institutional interest, contributes to the increasingly bullish sentiment. Market analyst “CryptoELlTES” highlights that XRP recently pushed above its long-term resistance zone near $1.95–$2.10. This price area had notably capped major rallies in both 2018 and 2021. Its apparent conversion into a new support zone is considered a significant development by chart analysts. CryptoELlTES suggests this breakout might confirm a multi-year cup and handle pattern—a classic technical setup often interpreted as signaling potential for sustained price increases. Further analysis suggests XRP is currently retesting this former resistance area around the $1.63 mark, which aligns with a key 0.786 Fibonacci retracement level. If XRP manages to hold this level as support, CryptoELlTES points to potential subsequent upside targets derived from Fibonacci extensions: initially near $8.34 (the 1.272 level) and potentially extending to the $13.55–$15 range (the 1.414 level) in the coming months. Another positive take comes from analyst “Dark Defender” who notes that XRP appears to be forming a bullish rectangle pattern. This type of consolidation , currently observed between strong support near $1.88 and resistance around $2.50, often indicates a period of accumulation before a potential major price advance. Historically, such rectangle patterns can precede sharp, decisive breakouts. Related: “You Have No Idea”: Analyst’s XRP Chart Hints at a Truly Massive Price Surge Dark Defender suggests a confirmed break and hold above the $2.50 resistance could trigger an extended rally for XRP. Based on a 261.8% Fibonacci extension from the pattern, such a breakout might initially target the $5.85 price level. Considering the established support near $1.88, the analyst sees an increased likelihood of XRP eventually challenging its all-time highs if this pattern resolves upwards as expected. Beyond the positive chart signals, recent regulatory developments in the US also contribute to the bullish narrative. Digital asset researcher “Anders,” among others, highlights regulatory progress that could see a rise in XRP adoption . The earlier dismissal of the SEC’s high-profile case against Ripple removed a major legal cloud that had affected the project for years. This allows the company to refocus on expanding its ecosystem. Additionally, the repeal of the SEC’s Staff Accounting Bulletin 122 (SAB 122) now allows regulated US banks to offer custody services for digital assets like XRP. This development could benefit Ripple’s secure custody solutions and encourage wider institutional engagement. Incoming stablecoin regulations might also boost Ripple’s planned RLUSD stablecoin by enhancing its compliance profile. Anders also notes the US approving spot XRP Exchange-Traded Funds (ETFs) could be another powerful catalyst. Citing prediction market data indicating high perceived probability by late 2025, an XRP ETF could significantly simplify investment for traditional players and potentially bring in significant institutional capital inflow. Many see this as a potential major driver to push XRP towards new price highs. Currently (at press time, March 28, 2025), XRP trades around $2.30 , with substantial 24-hour volume near $2.7 billion. Related: XRP’s Next Chapter? Analysts See “Price Discovery” Mode After SEC Settlement Despite minor pullbacks , proponents believe the broader technical structure and positive fundamental news support the bullish case discussed by analysts. XRP’s market cap stood near $136 billion. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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