📊 INJ has broken out of its downtrend, signaling strong bullish momentum and an increased likelihood of further gains. ✅ Targets: $28 and $30 are the next key levels in sight if the upward momentum holds. 🔴 Support: $22 is immediate support, making it likely to act as a springboard if a minor pullback occurs. The main support sits at $16. 👉🏼 If INJ...
📊 XRP is approaching a potential breakout from a long-term descending triangle pattern. The current price action is building pressure near the resistance trendline, indicating a possible upward move if a breakout occurs. 🔑 Key Target Levels: First Target: $0.80 - If XRP breaks above the trendline resistance, the $0.80 level may serve as an initial...
📊 Currently, IOST is testing a significant daily resistance level at $0.005915. This zone could play a crucial role in determining the next price direction. Potential Scenarios: 🟢 Bullish Breakout: If IOST successfully breaks above the $0.005915 level with strong momentum, it could trigger a bullish continuation. In this case, the next potential targets...
🔸 LINK has experienced a significant drop, declining around 90% from its all-time high, reaching a bottom around the $5 level. This downtrend has allowed the price to capture both sell-side and buy-side liquidity. A bullish movement followed, and after testing key liquidity levels, LINK appears to be setting up for a potential upward move. 🔴 Liquidity and...
📈 The overall trend for BTC on the weekly timeframe is strongly bullish, with the asset approaching a potential new all-time high (ATH ). 👉🏼 Bitcoin is currently showing upward momentum and appears to be targeting the $93,000 level, which acts as a short-term dynamic resistance. ❌ Key Resistance and Pullback Zone: The resistance around $93,000 could trigger...
DOGE recently broke a critical resistance level at around $0.33 to $0.34 and is currently trading around $0.42, showing a significant bullish momentum. This breakout could indicate a shift in trend, with potential for further upward movement if key levels are respected. 🔑 Key Supply Zone (Order Block): The price is approaching a supply zone between $0.44 and...
Fantom (FTM) is currently positioned around $0.80, showing signs of a potential bullish scenario. The chart suggests that if the price holds above the key $0.72 support level, it may continue its upward movement. 🔴 The key support zone is at $0.72. Maintaining this level is essential for the bullish trend to continue. 🟢 The immediate target is around the $1...
Bitcoin traded in a range for two days before attempting to break the $62,700 resistance with the opening of global markets. Now, Bitcoin is on the verge of challenging the weekly downtrend. Whether it successfully breaks this trend or not, by holding the newly broken $62,700 level, Bitcoin will soon have its sights set on the $71,000 target. Additionally, the key...
Currently, XRP is oscillating within a price channel, and no decisive move has been made either upward or downward. This channel is defined by a clear top and bottom, with a potential supply zone above, which could influence future price action. Possible scenarios: Break above the channel: If the price manages to break above the channel, it may approach the higher...
The Cardano (ADA) chart currently shows consolidating within a compressed descending triangle, characterized by lower highs and higher lows. Recently, there was a false breakout on the upside, but the price failed to hold above and returned to the range. Given the current market conditions, a confirmed breakout above the triangle could signal strong buying...
Cardano (ADA) is currently maintaining its position above the trendline, showing signs of bullish momentum. The price has successfully closed above the previous resistance level of $0.3528, which is a positive indication of potential upward movement. Given the clean price action to the left, there is a possibility for a short-term rally towards the next key...
Bitcoin was precisely rejected from the weekly downtrend at the $66,000 level and moved towards the daily support at $60,000, where we had previously predicted strong support, and this scenario unfolded exactly as expected. Bitcoin found support at this level and has since rebounded upwards. Currently, the price is on the verge of breaking the daily resistance at...
After breaking through the equilibrium zone, OP has experienced a significant increase, moving towards key resistance levels. Currently, the price is approaching the resistance at $1.70. If this level is broken, it could trigger further upward movement towards higher levels, potentially initiating a new bullish trend for OP.
AAVE has broken its downward trendline and has completed a pullback to the broken trendline. Currently, the price is at $145. In our view, there is a possibility that the price could decline further and reach at least $120, which could serve as a key support level.
Our current outlook for Bitcoin suggests that, over the coming days, the asset may experience a short-term correction down to the key support level of $59,500. This level has previously acted as a significant zone of buying interest, and we anticipate it could serve as a strong foundation for Bitcoin to establish new upward momentum. Such a correction would allow...
Will Solana Hold the Line at $127? Solana's price action is tense, trading at $127, a key psychological and technical support level. The recent decline has been driven by negative sentiment, exacerbated by institutional outflows and overall crypto market weakness. However, this is also where the market could flip. Traders should be on high alert for any signs of...
RUNE is currently trading at $4.12, showing bullish momentum on both the 1-hour and 4-hour charts. Recent developments in the DeFi space and strategic partnerships, like with Kujira, are enhancing liquidity and platform growth, which could drive further price action. Indicator Breakdown: Volume (4H): 1.555M - Significant increase, indicating heightened...
NEAR Protocol is currently going through a period of volatility, with its price hovering around $3.89. Recent market trends show a mix of bearish sentiment and some cautious optimism among investors. Let’s break down the key indicators and levels influencing NEAR. Current Sentiment: NEAR is mostly bearish, having dropped 3.5% over the last 24 hours. This follows...