ADA

ADA recently broke below its trendline (long yellow line) and found support around $0.73, rebounding but facing resistance at approximately $0.777 (Fibonacci 0.618 level). After a subsequent decline, the price rose again but was rejected around $0.77. 

Although the price has not yet broken below the previous low, each rebound has formed a lower high, indicating weak bullish momentum.Coupled with low trading volume, the price is likely to continue declining.

At the time of writing, ADA is trading around $0.76, near the Fibonacci 0.707 level. Investors can choose to enter a short position at the current market price or adopt a more conservative strategy by placing a short order at $0.77. 

Profit targets, based on pattern analysis (green and blue lines), are approximately $0.67 and $0.69, which align with Fibonacci 1.272 and 1.414 levels. A stop-loss can be set above the previous high of $0.777.

Reference Levels:

Direction: Short

Entry: $0.76 - $0.77

Take Profit: $0.7 / $0.67 / $0.66

Stop Loss: $0.78

UNI

Since the analysis on May 27, UNI’s price has risen by approximately 22% and successfully broken out of a flag pattern. Investors who have not yet entered can wait for a pullback to the upper boundary of the flag pattern before entering.

The entry range is around $6.95 to $7, which corresponds to the Fibonacci 0.707 level. A more conservative strategy would be to enter at $6.77, the Fibonacci 0.618 level, which offers some support. 

Profit targets remain similar to the previous analysis, set at $8 and $9. Depending on whether a conservative or aggressive strategy is chosen, stop-loss levels can be set at $6.5 or $5.6.

Reference Levels:

Direction: Long

Entry: $6.95 - $7

Take Profit: $8 - $8.2 / $8.8 / $9

Stop Loss: $6.5 / $5.6

XRP

Since the analysis on May 26, XRP has declined by approximately 5%, finding support around $2.226, slightly below the Fibonacci 1.13 level. 

At the time of writing, the price has slightly recovered but faced resistance at $2.31 (Fibonacci 0.786 level), currently trading around $2.3. Despite the recovery, the price has broken below the previous low of $2.26 and failed to surpass the previous high, indicating that the downtrend remains intact and the price is likely to continue falling.

Investors who missed the previous entry opportunity can enter a short position at the current market price or around $2.31 (Fibonacci 0.786 level). The profit target remains around $2.14, with stop-loss levels set above $2.38 or $2.36.

Reference Levels:

Direction: Short

Entry: $2.3 - $2.31

Take Profit: $2.14

Stop Loss: $2.36 - $2.38

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.