TheCryptoCity

TheCryptoCity

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 -...

TheCryptoCity Updated 

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...

TheCryptoCity

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...

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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.

TheCryptoCity

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...

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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...

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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...

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DigiByte (DGB) recently saw its price surge dramatically. Now, it's testing a key price level that acts as support. Think of this support level as a safety net; if the price falls below it, the drop could be more significant. Successfully holding above this support would be a positive sign for the cryptocurrency. If DGB manages to maintain its position at this...

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Cardano has experienced a 40% decline from its recent high and is now retesting key higher timeframe support levels. This zone presents a strategic entry point for positioning ahead of the next upward move.

TheCryptoCity

VET appears poised to continue its upward momentum, driven by strong fundamentals and a thriving ecosystem. Recent price movements have been substantial, reflecting growing confidence in VeChain's potential. Historically, periods of significant upward movement are often followed by phases of consolidation, providing a foundation for sustained growth. Looking...

TheCryptoCity Updated 

There is a significant Bitcoin futures gap at the price level of $103,670 to $102,470. This gap could lead to potential price movements. Additionally, there is a concentration of long positions that could be liquidated at $102,344 to $101,939 if the price declines, further adding to market volatility.

TheCryptoCity Updated 

Bitcoin's price is moving within an ascending channel. A potential move toward the upper channel boundary near $106,511.66 a new all time high is marked with a red arrow, indicating a possible reversal from resistance. The structure reflects a bullish trend, but traders should remain cautious of a potential correction after hitting the resistance level.

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The LINK price rally has surpassed the crucial resistance zone between $18 and $21.85 with huge backing from the bulls. The token experienced a bullish ‘Golden Cross’ that may offer more momentum. The next level to watch is around $36 to $41.76.

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FETUSDT has demonstrated strong upward momentum, surpassing important resistance levels and establishing a clear uptrend. However, after peaking near $2.195, the price is now pulling back, providing traders an opportunity to reassess key price levels for future moves. Currently, the price is nearing a significant support zone between $1.756 and $1.709. If buyers...

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The long wick created on Thursday, December 5, stands out as a significant feature on the chart and is the primary target at the moment. This $6,000-long wick, visible on both the 1-hour and 4-hour time frames, represents a substantial market imbalance. Such wicks often act as a "magnet" for price action, drawing the price back to fill the imbalance over time. On...

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Cardano (ADA) has been performing well, but its price hasn’t seen a major jump yet. It’s currently trading within its previous range, showing signs of stability. Based on the chart, the $0.9799 level looks like an ideal zone for a swing trade entry. This area offers a good balance of risk and reward for those looking to capitalize on potential upward...

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SEI is showing signs of breaking out of its accumulation phase on the Bitcoin trading pair. This range is typically a consolidation period where the price moves sideways, gathering momentum for a significant move. On the chart, the key level to watch is the blue zone, which represents a resistance area. If SEI manages to break above this level, it could signal the...

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As we enter the final stretch of 2024 and head into 2025, the altcoin market is poised for a massive surge. Despite recent market fluctuations, whales have been quietly accumulating Bitcoin, while retail traders have been selling off for no reason. But the tide is about to turn. Whales Are Holding, Retail Is Selling On-chain data from CryptoQuant confirms that...