Ripple, Litecoin & Bitcoin — Asian Wrap 30 September

XRP price has validated the bullish trade idea published at FXStreet just a few days prior. After a deep correction early this morning near the $0.45 levels, the bulls stepped back into the market in an applaudable fashion. XRP price has, at the current time, rallied 18% in the last 24 hours. 

Litecoin has been stuck between the same support and resistance levels for three months, oscillating between $65 and $46.5. According to price indicators, Litecoin is witnessing a bullish squeeze release, which could propel it towards the 23.6% Fibonacci level. The lack of recovery has led to over 78% of all Litecoin investors witnessing losses on their holdings.

Solana price has retracted into a previous fourth wave after printing three sets of impulse waves up. SOL price hovers over a parallel channel median line with a tapered volume pattern on the Volume Profile Index. SOL price has 90% cushion space to fall without invalidating the macro count.