There are few strong support here and the price two times test this support and we are looking for a great amount of rise here. Notice: if again some correction appears then this time instead of support zone there is strong weekly support that is green trendline and we can add some longs on that area too.
ETHUSD is near 200MA resistance as you can see and here is a strong resistance zone too it can break this resistance zone and after that, we are looking for continuation of rise and targets marked on the chart too.
Ethereum is poised to move higher due to the fact that the price made a trade near/below the resistance and when the price breaks we will see a good break from the support between 1750 and 2900 and then maybe even is 4000 or more When BTC returns and support levels and market cap rise, the first inflow will be BTC and the second will be ETH. That is the best case...
There are currently 2 possible scenarios for BTC to continue its uptrend until the end of the year 1- Drop to 37K to fill the CME gap and some consolidation around this area before rising 2- Direct break of the strong resistance (200MA D) around 42k5 (Bulls need to close on a daily candle above this moving average for more impetus) In case the bulls succeed in...
NEAR/USDT: What makes NEAR stand out and attract? NEAR is a native utility token used for: • Transaction processing and data storage fees. • Run validator nodes on the network by staking NEAR tokens. • Used for the admin ticket to determine how to allocate network resources. NEAR's tools include: • The NEAR SDK includes standard data structures and testing tools...
BTC trend in short term: BTC is moving sideways in the area of $35k-$37k, the range is gradually narrowing to the innermost ring of the bolinger Band. Still moving steadily in the linear regression line The 14th candle is currently above the MA(10) line, creating a new support line for the price of BTC , however, the buying and selling force is still very...