FenzoFx Posted May 19 Author Share Posted May 19 Ripple (XRP) Could Rally If Support Holds FenzoFx—Ripple (XRP) has extended its downtrend from 2.650 to the key support at 2.30. XRP is currently trading slightly above this level. The smart money index reads 1.28, matching prior lows where price previously bounced. Support remains at 2.26. As long as XRP stays above this, a move toward the 2.44 resistance is likely. Bearish Scenario: A drop below 2.26 would invalidate the bullish outlook, potentially opening the path to 2.06. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 19 Author Share Posted May 19 ETH/USD Technical Analysis FenzoFx—Ethereum is retesting last week's low at 2,330 in today's session. A bullish candlestick pattern formed on Sunday after the price touched this support. Ethereum is now trading around 2,400, showing strength in the London session. The outlook remains bullish above 2,330, with a potential target of 2,588, possibly during the New York session. Bearish Scenario: A drop below 2,330 would invalidate the bullish view, likely resuming the downtrend toward 2,200. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 20 Author Share Posted May 20 Ethereum Turned Bullish After It Tested Last Week's Low FenzoFx—Ethereum resumed its bullish trend after testing last week's low at 2,340. Price action and candlestick patterns support the current momentum. The Stochastic Oscillator at 65.0 suggests the market is not overbought, indicating a likely continuation of the uptrend. The next bullish target is last week's high at 2,755. Bearish Scenario: If ETHUSD falls and holds below 2,340.0, the downtrend from 2,755 may extend to 2,130.0. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 20 Author Share Posted May 20 LTC Once Again Presents a Buying Opportunity for Scalpers FenzoFx—Litecoin once again is testing the $93.0 resistance area, while the price has been below the 50-period simple moving average. This level hasn't been fully tested; therefore, if it holds, LTC will likely rise toward the $100.0 resistance. Please note that a new bearish wave toward $88.0 could develop if LTC/USD dips and stabilizes below the aforementioned support area. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 21 Author Share Posted May 21 Litecoin Technical Analysis FenzoFx—Litecoin is holding strong at the $93.35 support, fueling a new bullish wave. Bears tested this level in the last session, but it remained intact. As long as LTC stays above $93.35, the next target is $100.12, with potential for $102.95 if buying pressure increases. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 21 Author Share Posted May 21 GBP/USD Forms a New Bearish Wave FenzoFx—GBP/USD tested the 1.3414 high for the third time since late April, currently forming a long wick bearish candlestick pattern in the daily chart. From a technical perspective, a new bearish wave could be on the horizon if this level holds. In this scenario, the next bearish target could be the 1.3145 support. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 21 Author Share Posted May 21 EUR/USD is Near a Strong Supply Zone: A Technical Analysis FenozFx—EUR/USD bullish run is nearing the $1.4020 resistance. This level of supply is significant because previously the currency pair experienced a sell-off from this point. From a technical perspective, the current uptick in momentum will likely extend to $1.4020. But the pair will likely begin consolidating by losing 30 to 50% of its value before the uptrend resumes. Traders and investors should monitor the $1.4020 area closely for bearish signals in a lower timeframe such as candlestick patterns during the NY session. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 22 Author Share Posted May 22 Litecoin Approaches $104 Resistance FenzoFx—Litecoin's uptrend from $93.35 continued, reaching $100.00. Price is now targeting the $103.00–$104.00 resistance zone, where selling pressure may emerge. A pullback to $98.00 is possible if the level holds. Traders should watch for bearish signals during the NY session. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 22 Author Share Posted May 22 XRP (Ripple) is at a Critical Supply Zone: Will it Fall or Rise? FenzoFx—Ripple (XRP) is testing the resistance level, which expands from $2.40 to $2.46, with the Stochastic Oscillator hinting at an overbought market. A new bearish wave could emerge if the resistance holds. In this scenario, the price could dip toward the 50.0% Fibonacci retracement level at $2.37, backed by the 50-SMA. The bearish outlook should be invalidated if XRP/USD exceeds and stabilizes above $2.46. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 23 Author Share Posted May 23 Litecoin's Uptrend & Outlook FenzoFx—Litecoin's uptrend started at $92.34 and hit a weekly high of $102.5, tested by buyers in today's Tokyo session. This resistance may be retested in London or New York. The selling push at $102.5 left a long-wick candlestick but lacked strong volume, indicating buyers are still active. Today's range is 76% of yesterday's move, supporting this outlook. Bearish View: LTC/USD remains bearish below $103.0. We expect a retest at this level during the London session before declining toward $99.0. Invalidation: If LTC/USD closes above $103.0, the bullish target shifts to $110.0. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 26 Author Share Posted May 26 XRP's Path Forward: Will the Uptrend Continue? FenzoFx—XRP (Ripple) rose from $2.266, validating this demand zone for the week. The uptrend stalled at $2.360 during the early London session due to profit-taking and new market participants. We expect XRP/USD to decline toward the FVG area at $2.30–$2.31 before resuming its uptrend. A break above $2.36 could trigger a move toward $2.38, followed by $2.40. The bullish outlook is invalidated if XRP falls below the $2.26 support level. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 26 Author Share Posted May 26 (edited) LTC Approaching Key Resistance: What’s Next? FenzoFx—Litecoin (LTC) gained $2.0, reaching $96.9 and approaching weekly highs. During the London session, it is preparing for the next bullish move, with a potential test of $97.88 in New York to complete its range increase. However, entering long at this level is risky in the short term. A retest of the FVG area ($94.0–$95.0) may occur in the late New York session before further gains. As long as LTC holds above $93.1, the bullish trend remains intact, with $97.8 as the immediate target and $104.0 expected later this week. Edited May 26 by FenzoFx Link to comment Share on other sites More sharing options...
FenzoFx Posted May 27 Author Share Posted May 27 Short Contracts Surge on AUD FenzoFx—The Australian Dollar (Aussie) formed a new low in today's Tokyo session at 0.6463. Last week, the number of short contracts in the currency increased by 5,222 contracts, while long contracts saw a slight increase of 284 contracts. Therefore, the trend should be bearish for the current week. The immediate support level is at 0.6464. A breach below this level can trigger a new bearish wave, targeting 0.643. Selling AUD against a stronger currency such as CHF (Swiss Franc) is a logical approach for the last week of May 2025. Link to comment Share on other sites More sharing options...
FenzoFx Posted May 27 Author Share Posted May 27 LTC Eyes $97.88: Bullish Momentum Holds FenzoFx—LTC/USD surged to $95.4 in the London session, stabilizing above Tokyo’s session high. Institutional traders increased long orders, signaling further upside potential. A bullish hammer at $93.5 confirms this critical support level. The expected target is $96.5, followed by $97.88 later this week. The bullish trend holds unless LTC falls below $93.1, which would invalidate the outlook. Link to comment Share on other sites More sharing options...
FenzoFx Posted Thursday at 06:27 AM Author Share Posted Thursday at 06:27 AM LTC Consolidates After Taking the Buy Side Liquidity FenzoFx—Litecoin surged to $99.5 in the Tokyo session but failed to hold gains, dropping below $97.85. LTC/USD is now consolidating at $96.60, with sellers gaining control. Since LTC has already exceeded its daily range, a further pullback is expected. The weekly low zone of $93.50–$93.00 could offer a low-risk buy entry. The bullish outlook remains intact as long as LTC holds above $93.00, with targets at $96.5 and $97.88 this week. Link to comment Share on other sites More sharing options...
FenzoFx Posted Friday at 07:06 AM Author Share Posted Friday at 07:06 AM Litecoin’s Sharp Drop—Will the Downtrend Continue? FenzoFx—Litecoin dropped 6.2% yesterday, marking its largest daily range this week. It failed to hold within the High Volume Node box, and selling pressure in the Asian session pushed the price below weekly support to a new low of $89.3. Currently, LTC/USD is consolidating near the 61.8% Fibonacci retracement level, a key resistance zone. If this level holds, the downtrend may resume, targeting weekly support levels. Given that Litecoin has already reached its average daily range, no major moves are expected today. Link to comment Share on other sites More sharing options...
FenzoFx Posted Friday at 09:01 AM Author Share Posted Friday at 09:01 AM Crude Oil is in Buy Side Discount Level FenzoFx—Crude Oil formed a hammer candlestick pattern near weekly support after losing 4.0% of its value on Thursday. The London session began with a bullish FVG in the lower time frame, with support at $60.55. The price is expected to target the immediate resistance at $61.3. Link to comment Share on other sites More sharing options...
FenzoFx Posted Monday at 05:20 AM Author Share Posted Monday at 05:20 AM Bearish Pressure Eases—Can Litecoin Recover? FenzoFx—Litecoin remains bearish after breaking below $93.55, though selling pressure eased near $83.0. Currently, LTC/USD is testing the bearish Fair Value Gap at $87.5. A recovery toward $93.55 is possible if price closes above the $88.0–$90.0 zone, allowing bullish momentum to extend toward $92.00. However, a dip below $85.0 would invalidate this outlook, with the next bearish target at $81.0. Link to comment Share on other sites More sharing options...
FenzoFx Posted Monday at 08:33 AM Author Share Posted Monday at 08:33 AM BTC Faces Critical Resistance—Breakout or Further Decline? FenzoFx—Bitcoin continues its bearish trend after hitting its 2025 all-time high at 113,165. BTC/USD is currently trading near $105,400, a high-volume area where price could either bounce or break lower. The key resistance level rests at $103,170, supported by a bullish Fair Value Gap. If price holds above this zone, Bitcoin could rise toward $107,090. However, a close below $103,170 would invalidate the bullish outlook, with the next bearish target at $99,435. Link to comment Share on other sites More sharing options...
FenzoFx Posted Monday at 10:47 AM Author Share Posted Monday at 10:47 AM XRP Holds Firm—Will Bulls Push It Higher? FenzoFx—XRP bounced from the $2.08 weekly resistance, aligning with the bullish Fair Value Gap. Currently, XRP consolidates at $2.17, with key resistance at $2.21. A breakout above $2.21 could trigger bullish momentum toward $2.27. However, if XRP closes below $2.08, the downtrend may resume, targeting $2.00. Link to comment Share on other sites More sharing options...
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