Insights from the Market Desk by FenzoFx.com

[FxNews]

Ethereum's Downtrend Pauses—Reversal or Further Drop?





FenzoFx—ETH/USD currently trades around $2,480, ranging between $2,336.0 support and $2,797.0 resistance. Given the recent break of structure, the bearish trend may resume, targeting $2,336 as the next liquidity trap.

This level may offer a discounted entry for long positions. Traders should watch for bullish signals like candlestick patterns and fair value gaps on lower timeframes (M5, M15) during the NY session.

[FxNews]

XRP Eyes $2.22




FenzoFx—XRP formed a double bottom at 2.218, aligning with Tuesday’s low. Price action set resistance at $2.22, where untriggered liquidity backed by a bearish Fair Value Gap (FVG) remains.

Stochastic exited oversold territory at 39 and is rising, suggesting bullish momentum may continue. If $2.18 support holds, XRP/USD could surpass $2.22 and form a higher high.

The bullish outlook is invalid if XRP declines and stabilizes below $2.18.

[FxNews]

Litecoin’s FVG at $85.8: A Key Pivot the Next Leg





FenzoFx—Litecoin’s momentum weakened from $91.00 to $87.40, now trading around $87.44 as the London session begins. Early in the session, LTC took out the Asian session’s low, signaling a liquidity grab. The $87.44 support zone aligns with a bullish Fair Value Gap (FVG) and Monday’s low.

If the FVG holds, LTC/USD could push toward $89.11, the Asian session high, with $90.99 as the next bullish target. However, $90.99 forms a double top, with sell limits and buy stops above—potential liquidity. If $86.00 holds, this could be the next target.

[FxNews]

Liquidity Hunt: Crude Oil's Next Target





FenzoFx—Crude Oil remains below the $64.19 resistance level. The Stochastic Oscillator is in overbought territory, and RSI 14 signals bearish divergence, suggesting a possible price dip.

Oil could briefly surpass $64.19 to grab liquidity before facing selling pressure. In this case, a drop toward the $61.72 support level may occur to fill the bullish fair value gap.

However, if Oil stabilizes above $64.19, the bearish outlook becomes invalid.

[FxNews]

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.

[FxNews]

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.

[FxNews]

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.

[FxNews]

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.

[FxNews]

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.

[FxNews]

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.