The price action of the TON/USDT pair on a 4-hour timeframe. A clear downtrend is marked by a descending trendline, approximately the is under this trendline from 4 December. Several key horizontal support and resistance levels are highlighted, including resistance zones Pink at $7.293 - $7.163 and resistance zone Blue at $6.539 - $6.460, and support levels Green...
The total cryptocurrency market capitalization continues to consolidate above its previous all-time high. The long-term upward trend remains strong. It's time to take a step back and look at the bigger picture.
Bitcoin Dominance is testing a trendline if it breaks above this trendline this will be bad news for the altcoins. If it is rejected from here we will see good moves in altcoins
Right now, the Total Market Cap (excluding Bitcoin and Ethereum) (Total 3) is hovering below its highest-ever level, after briefly surpassing it and then dropping back down. For now, if the market stays between around $839 Billion and $1.13 Trillion, things will likely remain unpredictable and choppy. The real excitement and potential surge in prices (what some...
Chiliz (CHZ) showcases a clear bearish trend marked by lower highs and lower lows. The price is currently consolidating within a critical support zone Green at $0.0803 - $0.0837, following a significant rejection from the resistance zone Blue $0.1313-$0.1360. This support area is pivotal for determining the next directional move, as a breakdown could lead to...
The current situation for XRP is quite significant, as it finds itself at a crucial point in its price movement. The cryptocurrency is facing a resistance level and a trend line that have been pivotal in determining its recent performance. A breakout above these barriers would signal a strong bullish trend, indicating that buyers are gaining momentum. This is...
Ethereum price is forming an Inverse Head and Shoulder pattern. A breakout from this pattern could trigger a massive rally, not just for Ethereum, but for the entire altcoin market. This potential breakout has a target price of $5800, indicating a significant upside. If successful, it could spark a major altcoin season, driving up prices across the board.
Bitcoin is currently testing a critical resistance level, which is a price point where it often encounters significant selling pressure. This level acts as a barrier, and if the price successfully breaks above it, it could signal strong bullish momentum in the market. Such a breakout would likely attract more buyers, leading to notable upward price movements. On...
Bitcoin is currently testing a critical resistance level, which is a price point where it often encounters significant selling pressure. This level acts as a barrier, and if the price successfully breaks above it, it could signal strong bullish momentum in the market. Such a breakout would likely attract more buyers, leading to notable upward price movements. On...
Zilliq (ZIL) is currently testing a crucial resistance zone (Purple) between $0.02345 and $0.02432, following a bounce from the support level at $0.02021. For approximately 17 days, the price has been consolidating within this range. A breakthrough above the Purple resistance zone would not only breach the current barrier but also reclaim a significant structural...
Have you noticed GALA’s impressive surge lately? The recent breakout from the resistance zone (Green) at $0.04032 - $0.04144 is signaling that momentum is rapidly increasing, with the next critical level just ahead. The question remains: Will GALA settle for a bullish trend, or are we on the brink of a hyper-bullish surge? Let’s explore further! GALA has not...
ROSE has been trading in a clear descending channel, a pattern often seen before major market moves. Currently, the price is testing the resistance of this channel, and a breakout here could be the catalyst bulls have been waiting for. If the ROSE breaks above this descending resistance, the first major challenge will be the green resistance zone at $0.11564 -...
As we mentioned in our last post that Bitcoin is trading in ascending channel.After a breakdown from the channel BTC finds the support between at $92,600.82 to $91.500.93 zone in Green. Now, we are observing two possible scenarios: Bearish Scenario: BTC is currently testing its resistance at $99,267.19 and has been rejected multiple times, if the price of...
Some people think #Bitcoin has already hit its highest point, but history shows that might not be the case. In previous cycles, Bitcoin tends to go parabolic and hit a peak a few months after breaking its previous all-time high (ATH). For example, in 2013, it peaked 273 days after breaking its ATH, in 2017 it took 233 days, and in 2021 it took 328 days. This...
If the price breaks through a key resistance zone and the trend line, it could signal a strong upward trend. This momentum might drive the price towards the $0.07865 mark. The move could happen quickly, potentially within just a few days.
The chart shows the total crypto market cap breaking past a key resistance at around $3.01T, signaling strong bullish momentum. This breakout suggests the market is poised for significant growth, with the potential to reach new highs in the coming months. As confidence builds among investors, this could be a prime opportunity to capitalize on the market's upward...
SUI, a layer-1 blockchain designed for high throughput and low latency, has garnered significant attention in the crypto space. Its architecture leverages a unique approach to data storage and transaction execution, allowing it to process a high number of transactions per second. This efficiency is vital as DeFi and Web3 applications continue to grow, requiring...
SAI is currently establishing a robust bullish structure, indicating a positive trend in its price movement. The recent pullback in the market is perceived as a higher low, which is a key indicator for traders that the asset may be poised for another upward movement. This kind of price action often suggests that buyers are stepping in at this level, creating an...