Looking at the daily chart, Wednesday closed with a doji candlestick, and the previous strategy already indicated a "continue upward" signal. Today, supported by the 5-day moving average, the price moved higher again, breaking through to a new historical high of 4531. The key support level is around the 4470 zone near the 5-day moving average. During subsequent pullbacks, the main approach is to buy at lower levels, following the trend for bullish continuation.
The recent pattern of oscillation at high levels is quite evident: Asian session surge → U.S. session retracement → early morning rally again. The daily chart is likely to close with a doji or small bullish candlestick. This is a typical correction pattern of "using time to exchange for space" at high levels. As the moving averages continue to rise, they still favor breaking new highs later on.
The hourly rhythm is quite clear—uptrend → consolidation at high levels → further upward movement, showing a regular pattern in time: - 7:00-10:00, most sessions see strong bullish breakthroughs - During the European session, mostly sideways trading - After 22:00, quick pullbacks are common (usually 60-70 points) - Before dawn, V-shaped stabilization, recovering most of the decline
Tonight, focus on whether the 4470-4460 zone (close to the daily 5-period moving average) can hold steady. If it stabilizes, consider entering long positions; if a bottoming pattern with a full-bodied bullish candle appears, it can serve as an early confirmation signal.
If the upward momentum continues into the late night, there is a chance to push above 4530 at the next open, with subsequent targets around 4569-4577. The pattern is not absolute; ultimately, key levels and candlestick formations should guide the decision-making. $BTC $ETH $BNB
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
NullWhisperer
· 5h ago
technically speaking, that support at 4470 is either gonna hold or it won't—no amount of pattern recognition changes the unpredictability of market structure during liquidity drains. interesting edge case tho, the way they're framing this "time for space" narrative...
Reply0
0xTherapist
· 5h ago
Another new high for gold, and the XRP liquidity pool. If this wave crashes down, I'll just laugh out loud.
View OriginalReply0
LiquidationHunter
· 6h ago
It's that same "regularity" argument again. Every time it's explained clearly, and yet? Gold still depends on the Federal Reserve's stance.
View OriginalReply0
HackerWhoCares
· 6h ago
It's both gold and XRP again; the scripting skills are impressive. Now they just need to include Dogecoin too.
View OriginalReply0
NftBankruptcyClub
· 6h ago
Damn, is it another time-for-space trick? Every time I hear that, I still get trapped.
View OriginalReply0
TokenomicsDetective
· 6h ago
Once again, this analysis: gold has already risen to the sky, yet some still dare to look bullish. The risk is really high.
#Ripple筹划设立10亿美元XRP资金池 Analysis of Gold Price Movement on the Evening of December 26
Looking at the daily chart, Wednesday closed with a doji candlestick, and the previous strategy already indicated a "continue upward" signal. Today, supported by the 5-day moving average, the price moved higher again, breaking through to a new historical high of 4531. The key support level is around the 4470 zone near the 5-day moving average. During subsequent pullbacks, the main approach is to buy at lower levels, following the trend for bullish continuation.
The recent pattern of oscillation at high levels is quite evident: Asian session surge → U.S. session retracement → early morning rally again. The daily chart is likely to close with a doji or small bullish candlestick. This is a typical correction pattern of "using time to exchange for space" at high levels. As the moving averages continue to rise, they still favor breaking new highs later on.
The hourly rhythm is quite clear—uptrend → consolidation at high levels → further upward movement, showing a regular pattern in time:
- 7:00-10:00, most sessions see strong bullish breakthroughs
- During the European session, mostly sideways trading
- After 22:00, quick pullbacks are common (usually 60-70 points)
- Before dawn, V-shaped stabilization, recovering most of the decline
Tonight, focus on whether the 4470-4460 zone (close to the daily 5-period moving average) can hold steady. If it stabilizes, consider entering long positions; if a bottoming pattern with a full-bodied bullish candle appears, it can serve as an early confirmation signal.
If the upward momentum continues into the late night, there is a chance to push above 4530 at the next open, with subsequent targets around 4569-4577. The pattern is not absolute; ultimately, key levels and candlestick formations should guide the decision-making. $BTC $ETH $BNB