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FenzoFx—XRP failed to close above the $2.6480 resistance on Monday, dipping 6.00% to $2.5460, just above the bullish fair value gap. A momentum divergence confirms the strength of the $2.6480 resistance zone, highlighted in grey on the daily chart. From a technical standpoint, XRP may trade lower toward $2.430, supported by the ascending trendline. If selling pressure persists, further downside targets include $2.224 and $2.073. The bearish outlook remains valid as long as XRP/USD trades below the descending trendline. October 10’s long lower wick also suggests a gap that may attract price to fill, reinforcing the bearish scenario.

FenzoFx—Solana's uptick momentum has been capped by the descending trendline, even though the price flipped above the $185.00 mark. The daily chart shows long-wick bearish candles, indicating the selling pressure persists below the $208.00 resistance. From a technical perspective, the downtrend will likely resume if the price closes below the inverted fair value gap. In this scenario, SOLANA could decline toward the primary support at $172.00. Please note that the bearish outlook should be invalidated if the price exceeds the $208.00 mark.

FenzoFx—Litecoin filled 25% of the bearish fair value gap from Friday’s selloff, tapping into the $106.00 liquidity zone. The last candle is a bearish engulfing, signaling potential downside as both buyside and sell side liquidities were swept. Resistance sits at $106.00. If this level holds, the downtrend may extend toward $85.50 and $78.60. The bearish outlook remains valid unless LTC/USD closes above $106.00 on the daily chart. A break above this level could trigger a move toward the upper line of the bearish channel.

FenzoFx—Bitcoin Cash closed bearish after testing the $568.7 resistance. BCH is now trading near $555.0, inside the bearish fair value gap. The market outlook remains bearish as price closed below the bullish channel, with $568.0 acting as key resistance. If this level holds, BCH/USD may dip toward $515.0. A close and stabilization above $568.0 would invalidate the bearish setup and suggest a bullish move toward $615.0.

FenzoFx—Gold lost 8.00% last day and slightly touched last week's low at $4,007.0. Currently, the price closed above the SMA 8 with a prior 4-hour long-wick bullish candlestick pattern. This price action promises the uptrend will likely resume. However, wicks are considered as gaps in trading. Therefore, we expect the price to decline toward $4,045.0. If this level holds, the uptrend will likely resume, targeting $4,200.0 in the short term. On the other hand, if the price closes below $4,007.0, we expect the price to revisit $3,900.0. Please note that last day's sell-off is NOT a market crash. The price only visited last week's low, meaning it erased one week's earnings.

FenzoFx—Gold dipped 2.00% today, nearing the ascending trendline. This pattern has been seen multiple times in the current and previous month where Gold dips to provide new discount prices to go long. Interestingly, volume did not decrease as significantly as the price. This means there are buyers that are constantly buying Gold or the current decline is manipulation. From a technical perspective, XAU/USD is in an uptrend. The $4,236.0 support, which aligns with the trendline, is a decent entry point to join the bull market if the buying volume is significant at this level. The stop should be below $4,200.0 for this setup, targeting the all-time highs.

FenzoFx—XRP (Ripple) is up 3.0% today, trading at $2.464 above the 8-period SMA. Rising volume suggests accumulation. If the price holds above $2.318, XRP/USD may target $2.6480. Continued buying pressure could invalidate the downtrend and open the path to the next liquidity zone at $2.956. However, if the price drops below $2.3180, the bullish scenario is invalidated and accumulation may extend toward the $2.000 psychological level. Traders should monitor support levels closely as momentum builds.

FenzoFx—Litecoin is trading sideways near $98.3 after Friday’s sharp selloff. The 1-hour chart shows price respect at $92.40 minor support, but declining cumulative volume delta signals weakening buyer interest. The overall trend remains bearish, with resistance at $102.4. LTC may tap into buyside liquidity above $102.9, but failure to hold could extend the downtrend toward $85.5 and $78.6. There’s no bullish setup at the time of writing. Traders should remain cautious, as the market is volatile and prone to erratic swings. Happy trading, everyone.

FenzoFx—Ethereum rejected resistance at $4,233.00, aligned with the bearish fair value gap. Friday’s selloff widened the trading range, increasing risk for ETH traders. The trend remains bearish while price stays below $4,233.0. Critical support lies at $3,825.0. If ETH closes below this level again, the downtrend may escalate toward $3,368.0. Traders should approach cautiously, as the market is in an uncertain phase with potential for volatile price swings.

FenzoFx—Bitcoin is consolidating near $112,160.00 after a major selloff, testing this level as support. Price action shows a double top at $116,078. From a technical view, BTC may aim for this level if it holds above immediate support at $112,143.0. A close below $112,143.0 could trigger a deeper downtrend, with the next bearish target likely at $100,000.0.