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LTC charts a trajectory within an ascending trend channel. The lower boundary of this channel serves as a stalwart pillar of support, while the upper threshold assumes the role of a resilient resistance. Notably, LTC showcases a pattern of establishing Higher-Highs and Higher-Lows, indicating an upward trajectory. Currently, LTC is on the verge of interfacing with...

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In the contemporary landscape, LTC charts a trajectory within an ascending trend channel. The lower boundary of this channel serves as a stalwart pillar of support, while the upper threshold assumes the role of a resilient resistance. Notably, LTC showcases a pattern of establishing Higher-Highs and Higher-Lows, indicating an upward trajectory. Currently, LTC is...

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Shifting focus to the realm of cryptocurrency dominance, Bitcoin's dominance exhibits remarkable resilience within the confines of the 49.5% to 50% range. Once an impervious resistance zone, this expanse has undergone a transformative evolution, culminating in its current role as a steadfast support zone. This transformation is eloquently epitomized by the retest,...

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Analogous to its counterpart, the NASDAQ index follows a comparable trajectory, embarking on a synchronous downward spiral. Proximity to its designated trend support evokes a sense of anticipation and intrigue, as market observers keenly monitor whether the NASDAQ index will muster the strength to hold steadfast or succumb to the pressures of the prevailing...

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This discourse unfurls an intricate tapestry of interrelation, wherein the oscillations of the DXY wield a tangible influence over the financial domain. A surge in the DXY is paralleled by a commensurate decline in the valuation of risk assets. Conversely, a contraction in the DXY augments the value of these very assets. Recent empirical observations underscore...

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In the realm of financial markets, a diligent analysis of the Dollar Index's (DXY) vitality assumes an undeniable significance. The trajectory of the DXY unfolds within the framework of a descending parallel channel, delineating a discernible path. It's noteworthy that the nadir at 0.9951 triggered an assertive resurgence, buoyed by the pivotal interplay of...

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Zooming in on the crypto pantheon, Ethereum and Bitcoin emerge as the twin pillars of utmost valuation, casting their colossal shadows across the market expanse. Yet, peeling away these titans unveils a tableau replete with intriguing dynamics. Notably, the breach of the $342 billion support yields an evocative narrative, followed by a subsequent test of this...

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Directing our focus towards the intriguing realm of the crypto market cap, excluding the behemoth that is Bitcoin, a fascinating interplay emerges within the altcoin domain. The altcoin market cap is ensnared within a range defined by $548 billion and $616 billion. The latter, $616 billion mark stands resolutely as an indomitable resistance, steadfastly impeding...

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The Total Crypto Market Cap currently stands at an impressive $1.134 trillion, reflecting the collective valuation of the cryptocurrency landscape. This substantial figure is underpinned by a strong foundation of support, strategically positioned within the range of $1.095 trillion to $1.113 trillion. This particular zone has assumed the role of a resilient...

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Currently, TRX is engaged in trading within a parallel channel, characterized by a robust lower support line that has facilitated five instances of price recovery, and an upper resistance line from which TRX has retraced on four occasions. Notably, TRX has recently established local highs within its Higher-High and Lower-High pattern. The prevailing price action...

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Presently, TRX is confronted with a horizontal resistance barrier situated at 0.082, while a corresponding support level rests at 0.077. The resilience of the 0.082 level is underscored by TRX encountering two instances of reversal from this threshold. Furthermore, it is noteworthy that a higher resistance tier, 0.092, follows beyond the 0.082 level. In terms of...

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Evident from the chart's presented structure, TRX has conclusively traversed its fifth Elliott wave, characterized by incremental higher highs and higher lows. TRX should remain above from the previous low in order to keep its bullish pattern going in the future.

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Charting SOL's recent price actions, we observe a December 2022 nadir of $8, followed by an ascent to $27. Subsequently, a retracement brought SOL's value down to $12.6, closely aligned with the 0.786 Fibonacci retracement level. This dip was followed by a renewed upward impulsive movement propelling SOL to its zenith at $33.4, which has once again been succeeded...

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Transitioning to the daily timeframe, SOL has recently breached its $24 support level and is now on a trajectory towards its subsequent support base at $20. Notably, $20 has historically functioned as a significant support level for SOL, making it probable that the asset will gravitate towards this mark prior to determining its overarching trend trajectory. Beyond...

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In the weekly timeframe, SOL is currently trading within a parallel channel, delineated by a robust lower support line and an upper resistance line. Additionally, notable on the weekly horizon, SOL demonstrates a pattern of forming Higher-High and Higher-Low structures.

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Within this dynamic landscape, Ethereum Dominance takes center stage on the weekly timeframe, captivating our attention with its ongoing struggle to conquer the previous resistance. In a striking parallel to historical events that transpired in February 2020, this current breakthrough may serve as a harbinger of a momentous mega bullish trend for Ethereum.

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Further scrutinizing the Elliott wave 1-5 structure, we uncover the remarkable consistency with the Elliott Wave A-E pattern. Each wave dutifully follows the prescribed pattern, bolstering the credibility of our analysis. As the present juncture resides at the point B of the 5th wave, it beckons Ethereum to define its course - a decisive moment that may culminate...

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The broader view reveals a compelling narrative of Ethereum's exceptional bullish momentum since the onset of 2023. Evident through the formation of Lower-Highs and Higher-Highs, this trend epitomizes Ethereum's super bullish structure, infusing the market with optimism and potential. Nevertheless, the pivotal element underpinning this optimistic outlook is...