MonoCoinSignal

MonoCoinSignal

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.

MonoCoinSignal

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...

MonoCoinSignal

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...

MonoCoinSignal

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...

MonoCoinSignal

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...

MonoCoinSignal

Bitcoin has been hovering near the $59,800 level, showing mixed signals across both the 1H and 4H charts. With the broader market awaiting a potential breakout towards the end of September, technicals reflect a market in consolidation mode, but with growing signals of a possible shift in momentum. 1H Chart Breakdown: Weak Momentum Continues On the 1-hour...

MonoCoinSignal

SHIB has shown a consolidation pattern in the last several hours, trading at $0.00001365, with both the 1H and 4H data indicating weak momentum and slight bearish tendencies. Recent whale activity and general meme-coin market interest have supported SHIB’s price, but technicals show a need for stronger momentum to push the price higher. 1H Chart Breakdown: Weak...

MonoCoinSignal

XLM is maintaining its recent gains near $0.0969, showing a gradual uptrend. The market sentiment around Stellar remains bullish, especially with the ongoing expansion of its USDC cash services via MoneyGram and its strengthened utility in cross-border payments. This is driving renewed attention and accumulation from market participants, supporting the token’s...

MonoCoinSignal

XRP is currently trading around $0.5889, testing a key resistance level after a strong rally. The price has consistently risen, nearing the upper Bollinger Band ($0.5923), with a high of $0.5925 reached earlier today. This rally comes amid speculation on the SEC’s appeal regarding the Ripple case, with positive sentiment driving XRP upward. Bollinger Bands:...

MonoCoinSignal

PEPE is consolidating around $0.00000777, following its rejection near $0.00000806. The price is caught between the upper Bollinger Band ($0.00000798) and the lower band ($0.00000769), indicating a period of low volatility but also potential for a breakout. Recent whale activity, including the movement of 4 trillion PEPE tokens, could provide the bullish momentum...

MonoCoinSignal

SUI is trading near $0.9138, after a pullback from a high of $0.9865. The price is testing support near the lower Bollinger Band ($0.9023), following a cooldown after the recent spike in activity. Sui recorded 41 million transactions in 24 hours, surpassing Solana, showcasing growing interest and network utility. Bollinger Bands and Price Compression The...

MonoCoinSignal

Key Resistance at $0.10476 Dogecoin (DOGE) is currently trading around $0.102, after failing to break through the upper Bollinger Band resistance of $0.10476. The price hit a high of $0.10495, but selling pressure has pulled it back below the BB Basis of $0.10322. After peaking at $0.10495, Dogecoin has pulled back, now stabilizing around $0.102. The rejection...

MonoCoinSignal

Momentum Peaks as Price Tests Key Resistance at $0.00218 REEF is currently trading at $0.00203, following a strong rally that pushed prices toward the upper Bollinger Band at $0.00218, a key resistance level. This rapid ascent has led to overbought signals, with both RSI at 74.53 and Stochastic %K at 78.81, indicating caution ahead as we might see a pullback or...

MonoCoinSignal

After an impressive run to $1.77, WIF is currently stabilizing around $1.65 with mixed technical indicators pointing toward consolidation. Bollinger Bands (BB) Narrowing The price is sitting near the BB Basis of $1.67, with the upper and lower bands at $1.70 and $1.64, respectively. The Bollinger Bands are tightening, suggesting volatility may decrease, and we...

MonoCoinSignal

Solana has faced mounting pressure throughout September 2024, as broader market dynamics continue to weigh on its performance. Much like other cryptocurrencies, SOL is reflecting the bearish sentiment that has characterized the market, with the price consolidating after a significant decline. This pattern of weakness aligns with broader trends in the crypto...

MonoCoinSignal

Bitcoin has entered September 2024 under pressure, following a broader pattern seen in previous years where the month tends to be bearish for the cryptocurrency. Historically, Bitcoin has faced average declines of about 4-7% in September, often driven by a combination of market sentiment and broader macroeconomic factors, such as changes in U.S. monetary...

MonoCoinSignal

BONK on the daily timeframe has shown a strong support level in the range of 0.000013 and 0.000015. This support zone has proven its ability to withstand selling pressure and can be a good accumulation point for investors. If the price stabilizes in this area, it is expected that the asset will move toward higher targets of 0.00002 and 0.000022.

MonoCoinSignal

After fluctuating within the support range of 1.4 to 1.5, WIF is now in a position where this zone can serve as a strong support. This area has a history of holding prices against declines and could be an attractive accumulation point for investors. If the price stabilizes at this level and bounces upward, the first resistance targets to watch are 1.68 and 1.73....