Ethereum momentarily succeeded in breaking through its major resistance level of $2,525 but subsequently retreated below it. Should the price solidify above this resistance level, its initial target is projected to be $3,000. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
The current overall trend of Ethereum is still not definitively bearish, and it is expected that the price will continue to move within the defined range between the support and resistance boxes. The recent price increases, accompanied by positive candles, may be considered as part of a corrective wave in the downtrend. Following this corrective period, it is...
In four-hour timeframe, the breaking of a key support level (the blue box) is considered a significant turning point in the change of Bitcoin's price trend. This shift in direction is clearly observable, as evidenced by the formation of a new lower high compared to the previous high, and a lower low compared to the previous low, indicating a downtrend in the...
In the daily timeframe, Shiba Inu is exhibiting a downtrend, indicated by its positioning between a high that's lower than the previous one and a low that's also lower than its predecessor. We anticipate a continued decline in price, with our primary target being the support zone within the trading range, specifically the area marked by the blue support box. (All...
In ARB's daily timeframe, a critical support exists in the blue zone. Bullish patterns here could resume the main trend. If this support breaks, the next focus is the ascending trend line. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
At present, the price is positioned within the range delineated by the resistance box. Should positive and ascending patterns emerge in this region, it is anticipated that the price trend of STX will shift into an upward trajectory. Conversely, if the price breaches and falls below the base of the box, it is projected to descend further, potentially reaching the...
Ripple is positioned within an ascending channel. As observed, a minor downtrend line has been established within this channel. Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase. (All analyses will be updated) This analysis is informational, not financial...
In the weekly timeframe, LINK's price has been robustly supported by its underlying supports. Over the long term, breaching the forthcoming resistance level could push the price into the $33 level. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
• Ripple, in the weekly timeframe, has developed a triangular pattern, with the lower side acting as a robust support. • A break above the pattern's upper side would signal the start of a substantial price ascent. (All analyses will be updated) This analysis is informational, not financial advice.
Cardano is currently testing its $0.5 support level. The outcome of this test (whether breaking this support or being upheld by it) will soon determine the future trend. The next resistance level is at $0.61, while the upcoming support level is identified at $0.37. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
• Gold has successfully broken its mid-term downtrend line and has risen to around $2062, which is currently at the Fibonacci 0 line. • The upward trend in gold is likely to persist and it might achieve higher targets. However, it may experience a pullback to lower support levels before continuing its ascent. • The first significant support level for gold is at...
• Following its price surge, Chiliz was unable to breach the resistance level of $0.11136. • Currently, there is a possibility of testing the support levels at the 0.5 and 0 Fibonacci retracements. (All analyses will be updated) This analysis is informational, not financial advice.
• After breaking its rising trend, PEPE tried to hit the 150 resistance mark by testing its strong support again but didn't make it. • Now, it's moving between the support and resistance levels we marked on the chart. It's important to know that if the price closes below this support, it could mean the start of a downward trend. •This is especially true because...
• Recently, BSV has formed a triangular pattern and successfully breached the upper edge. • Following a pullback, it has resumed growth, reaching a major resistance area, which coincides with the supply zone. • At present, we anticipate a price decline in the form of a correction, potentially extending to the bottom of the ascending trend line. • Subsequently,...
• XAU is currently testing the resistance at its historical high. • It failed to close above this level during its recent rally and is still attempting to do so. (All analyses will be updated) This analysis is informational, not financial advice.
• The AVAX price has advanced to a point where it has now breached its initial resistance area upwards, and we are observing pullback candles. • Keep in mind, following the pullback's completion and the emergence of bullish patterns, the subsequent resistance zone becomes reachable. (All analyses will be updated) This analysis is informational, not financial advice.
• The primary trend for BNB is bullish. Following its encounter with resistance, it has initiated a corrective wave. • Presently, a correction is apparent, taking the shape of a descending channel. • It is anticipated that the price will continue to oscillate within the upper and lower bounds of this channel. • Should reversal patterns emerge, the main bullish...
• After breaking its ascending trend line, Cardano tested its major support at the daily Fibonacci zero zone. • Subsequently, ADA rose and is currently positioned precisely at its key support area. • Should the price fail to stabilize above this support, especially with the bearish pattern nearing completion, a return towards the lower support is...