ETHUSDT Technical analysis update ETHUSDT has been trading within the same range of $2,000–$4,000 for the past 400 days. Currently, the price is forming an inverse head and shoulders pattern. In the coming days, the price could create the right shoulder of this pattern. A possible drop to the strong support zone at $2,700–$2,800 could complete the right shoulder...
XRPUSDT Technical analysis update XRPUSDT has surged over 475% from its previous bottom on the daily chart. Currently, the price has formed a bullish flag pattern above the strong resistance level of 1.95. A breakout of this pattern, accompanied by high trading volume, could trigger a strong bullish move, with potential targets in the $5.00–$10.00 range.
BINANCE:BTCUSDT technical analysis update BTC is trading at the support trend line and about to break below it. The price is trading below the 100 and 200 EMA, indicating bearish momentum. If the price breaks down, we can expect a bearish move, with a possible drop to $87K. The next strong support is at the $87-88K level, where we can anticipate a significant...
BTCUSDT (Day Chart) Technical analysis update BINANCE:BTCUSDT current price movement is forming a pattern similar to the December 2023 to February 2024 chart. At the beginning of 2024, Bitcoin experienced a gradual 20% correction before recovering and rallying by over 90% in the following months. This time, the price is exhibiting a similar behavior to December...
PHAUSDT technical analysis update PHAUSDT has been ranging for the last 1100 days and is now moving towards the range resistance line for a breakout. A strong bullish move can be expected once a breakout is confirmed on the daily chart. An increase in volume near the resistance is also observed. Stop loss : $0.18 Take Profit 1: $0.41 Take Profit 2: $0.61 Take...
The total altcoin market cap has reached its previous all-time high (ATH) level of $1.15 trillion and faced rejection at the resistance level. Currently, the price is consolidating below the resistance line. A breakout above this level could generate bullish sentiment, potentially leading to a strong altcoin season following the $1.15 trillion resistance breakout.
ETHUSDT technical analysis update ETH price has dropped 20% from its peak to the $3100-$3200 level. The 100 and 200 EMA are expected to provide strong support, with the volume profile also indicating good support at this range. Additionally, the Fib 0.5 retracement at $3200 aligns with this level. We see strong support at $3100-$3200, and the price is likely to...
BITSTAMP:BTCUSD Techncial analssyso update BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-$96K range. A strong bounce from...
XRPUSDT Technical analysis update The BINANCE:XRPUSDT price has formed a bullish flag pattern on the 4-hour chart, with the previous resistance at 1.95 now acting as support. Following the breakout, the retest of 1.95 has been completed, and the 100 EMA serves as support for the flag pattern. A strong bullish move in XRP can be expected in the coming days.
AVAXUSDT Technical analysis update BINANCE:AVAXUSDT price is breaking the resistance line on the weekly chart with high volume after 1,400 days of ranging movement. Buy zone: Below $54.00 Stop loss: $40.00 Take Profit 1: $64.50 Take Profit 2: $85.00 Take Profit 3: $140.00
JASMYUSDT Technical analysis update BINANCE:JASMYUSDT is moving towards the cup and handle neckline resistance, preparing for a breakout. The price has been forming the cup and handle pattern for the last 1,000 days. Once the price breaks above the neckline on the weekly chart, we can expect a significant bullish move, potentially 200% to 600% move possible in...
EIGENUSDT Technical Analysis Update EGENUSDT price has broken a significant resistance zone after a 65-day downtrend. EIGEN is the second-largest Ethereum staking token by TVL (Total Value Locked), with a current market cap of approximately $1 billion. In the short to mid-term, its market cap could potentially reach $2 billion, and by the end of the bull run, it...
YFIUSDT technical analysis update YFI's price is breaking out of a falling wedge pattern after 325 days of formation. On the weekly chart, the price is bouncing from major bottom support, which can be considered bullish for YFI Regards Hexa
BABYDOGEUSDT Technical analysis update BABYDOGEUSDT price is breaking out of a 1,200-day range. We can anticipate a strong bullish move once the price successfully breaks the resistance. The rise in volume near the resistance indicates increasing interest, and if the breakout is confirmed, a potential 200%-500% upward move could follow.
SUSHIUSDT technical analysis update SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again. Stop Loss: $0.45 Target :100%-300% regards Hexa
ETHUSDT Techncial analsysis update BINANCE:ETHUSDT price has broken the trend resistance line on the daily chart. The price has already surpassed the previous resistance zone at $3,500 and successfully completed a retest. An increase in volume near the resistance level is evident. If the daily candle closes above the resistance line, a strong bullish move can...
LQTYUSDT technical analysis update BINANCE:LQTYUSDT price formed a descending channel pattern on the weekly chart. After 630 days of formation, the price has broken above the channel resistance. With a noticeable rise in volume, we can expect a strong bullish move in the coming days. Stop Loss: $1.00 Target: 200-500% Regards Hexa
SNXUSDT Technical analysis update BINANCE:SNXUSDT has been ranging at the bottom for the last 120 days. The price has now broken out above the resistance line with high volume and is trading above the 100 EMA, signaling a bullish trend. This breakout indicates the potential for a strong bullish move in the coming days. Buy zone : Below $1.77 Stop loss :...
