Ethereum has shown strong respect for key price levels, particularly around $2.1K and $2.8K. Despite market volatility, the $2.1K support has held well, reinforcing its significance in Ethereum’s price structure. These levels have consistently influenced price action throughout the year, acting as crucial areas for buyers and sellers. Holding above them signals...
Bitcoin continues to consolidate within its range, maintaining strong upward momentum. No concerns for now—bullish sentiment remains intact. As long as CRYPTOCAP:BTC holds above $90K, a new all-time high is likely in February or March.
DOGE is currently forming a descending channel pattern, making the price action increasingly interesting. If further panic selling occurs or a deeper retracement takes place, DOGE is likely to bounce from the strong support zone between $0.16588 and $0.17704 (Green). However, for confirmation of a bullish move, we need to see a bullish CHoCH, a W pattern, or an...
If Bitcoin stays above this key level, it suggests buyers are still in control, and the upward trend is likely to continue. If it breaks below, the sentiment could turn bearish (negative).
Crypto's Largest Liquidation Event: Has the Market Found Its Bottom? The recent liquidation event in the cryptocurrency market has made history as the largest ever recorded. Such an occurrence strongly suggests that the market may have reached its bottom. However, if past cycles are any indication—such as the recoveries observed in 2020 and 2022—it typically...
Bitcoin dominance faces a crucial rejection, signaling a potential shift in momentum. This is bullish for altcoins, which may see renewed strength. Traders should watch for opportunities in the altcoin market as Bitcoin dominance weakens.
POL/USDT is currently consolidating within the daily FVG after pulling back from its peak. Since early December, the price has remained below the descending trendline, acting as resistance. A breakout above this trendline could trigger bullish momentum, presenting a strong entry opportunity. Key targets are highlighted on the chart.
SEI is showing promising signs after a solid pullback, currently down 60% from its peak. Since early December, the price has remained below the descending trendline. A strong entry opportunity could arise once it breaks above this trendline resistance. Key targets are outlined on the chart.
The market turned highly bullish on Ethereum ( CRYPTOCAP:ETH ) as open interest (OI) surged to all-time highs (ATHs), indicating strong trader participation and expectations of further price appreciation. However, instead of continuing its upward momentum, Ethereum's price formed a swing failure pattern (SFP) at the highs. This means the price briefly moved above...
The TOTAL Crypto Market Cap is currently trading range-bound between its 2021 and 2024 all-time highs. For bullish momentum to return, a decisive breakout above these resistance levels is critical. Such a move would not only boost market confidence but also likely attract fresh retail investment into the crypto space, potentially triggering a broader market rally
The total cryptocurrency market cap, excluding Bitcoin, is poised for a significant surge in altcoins once it breaks out of this triangle pattern. Expect a substantial upward movement in altcoin prices following the breakout.
The price of ENJ has been in a consistent downtrend, as indicated by the descending trendline, with lower highs and lower lows forming. Several key support and resistance zones are marked on the chart. Currently, the price is retesting the purple resistance zone at $0.1584–$0.1512 after a breakdown from this level. If the price continues to decline, it could test...
Ethereum (ETH) on a weekly timeframe, showcasing a long-term perspective of its market trends. A significant historical resistance area in blue at $3,970.96 - $4,407.2, which is near the region of the "Previous ATH" (All-Time High) at around $4,868. This level marks a critical zone where Ethereum struggled to break above in the past. Currently, Ethereum's price...
If the price holds above the green support zone at $3.8597 - $4.0657, it indicates strength and opens the possibility of a rally to $6. However, falling below this support zone green would signal a breakdown, invalidating the current structure. This level acts as a crucial support for market direction.
STX is currently trading within the blue support zone at $1.279–$1.364, an ideal range for accumulating spot positions. This higher timeframe support has historically held the price multiple times. Waiting for a clear reversal confirmation before entering is recommended. The green resistance zone at $1.873–$1.954 is a critical level to watch. A breakout above...
CHZ is currently trading within the Green support zone, between $0.0713 and $0.0745, and is still moving below a descending trendline that has been in play since early December. The chart signals a strong possibility of a bullish reversal, though a confirmed breakout is crucial before making any decisions. For bullish momentum to build, CHZ must break above the...
TON is trading at the Blue support zone ($5.133–$5.201) but has remained under the descending trendline since early December. Despite flipping the Blue zone, the trendline has repeatedly rejected breakout attempts. A decisive breakout above trendline resistance could push the price toward the next major Yellow resistance zone at $5.988–$6.094. Clearing this level...
THETA is currently resting on a critical support zone (Green) at $1.869–$1.970, a level that has previously sparked significant bullish momentum. However, the price remains constrained by a descending trendline that has acted as stubborn resistance for weeks. The next move will be crucial in determining whether THETA continues its downtrend or reverses into a...