J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

LTC Consolidates After Taking the Buy Side Liquidity​

FenzoFx—Litecoin surged to $99.5 in the Tokyo session but failed to hold gains, dropping below $97.85. LTC/USD is now consolidating at $96.60, with sellers gaining control.

Since LTC has already exceeded its daily range, a further pullback is expected. The weekly low zone of $93.50–$93.00 could offer a low-risk buy entry.

The bullish outlook remains intact as long as LTC holds above $93.00, with targets at $96.5 and $97.88 this week.

 

[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]

Crude Oil is in Buy Side Discount Level​

FenzoFx—Crude Oil formed a hammer candlestick pattern near weekly support after losing 4.0% of its value on Thursday. The London session began with a bullish FVG in the lower time frame, with support at $60.55.

The price is expected to target the immediate resistance at $61.3.

 

[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]

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]

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]

GBP/JPY Dips in Tokyo & London—What’s Next for Price Action?

FenzoFx—GBP/JPY dipped from 194.6 during the Tokyo and London sessions, now trading around 193.1. Price is testing support near the May 27 low, ahead of the New York session.

A bounce from 193.0 could push GBP/JPY toward 193.5, with a bullish wave possible if price closes above that level, targeting 194.6. However, stabilizing below 193.0 would invalidate this outlook, with the next bearish target at 192.5.

 

[FxNews]

Litecoin Consolidation Nears End—New Downtrend Ahead?​

FenzoFx—Litecoin's consolidation near $91.0, marking 50% of its previous bearish leg, may be nearing its end as a long-wick bearish candlestick forms on the 4-hour chart.

Key support lies at $88.7, and a close below this level could trigger a downtrend targeting $87.00 and $86.00. The bearish outlook remains intact below $92.39 resistance.

 

[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]

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]

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]

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.