batpattern

$XRP
📊 XRP/USDT 1H Structure Update 🚨
On the 1-hour chart, XRP is showing classic consolidation and tightening range action, where price keeps oscillating between support and resistance zones without a clean directional breakout yet, forming a range/triangle-like build-up that traders often watch for a breakout 📉📈. This pattern shows repeated reactions near the same horizontal levels, indicating a battle between buyers and sellers — neither side has clear control yet 🤼‍♂️. Combined with neutral RSI and MACD profiles, the market is in a wait-and-see phase before a decisive breakout or breakdown occurs, so watching for a clean break with volume expansion will be key for the next major move.
#TrumpCanadaTariffsOverturned #BatPattern

$HYPE
Hype is giving us good indications of what can happen in the near future for its price.

#Megaphone - obviously intended to be bullish, signaling possible upward continuation.
#BatPattern - will complete if price reaches the boxed area; from there, the chart flips bearish.
#Volume - dropping since the local bottom, showing the move is weak.
#RSI - trendline broken, another confluence for possible short-term weakness.

• All this tells me that ideally, if all of these confluences were to play out, price should go up because of the Megaphone, reach the boxed area, and reject from there toward the 44–43 lows, forming another #Range in that area.

#TechnicalAnalysis