ADA/USDT – Price Action Analysis On the 1-hour timeframe, price has been following a clear downtrend, respecting a descending channel structure. After reaching the lower boundary, sellers lost some momentum, and price started to form a rising wedge, typically seen as a bearish continuation pattern in such contexts. Currently, price is testing a key confluence...
**ADA/USDT – 1-Hour Chart Analysis** The price is currently testing a key resistance zone around **0.7300 - 0.7760**, aligning with both the descending trendline and the **200 EMA (orange line)**. A rising wedge formation has emerged, indicating a potential reversal or continuation of the downtrend. If the price fails to break above this resistance, a...
The price has shown signs of strength after a significant decline, forming a potential bullish structure. A break above the recent consolidation zone, along with support from the Exponential Moving Average (EMA), suggests a possible upward continuation. If the price holds above this level, further upside movement is expected.
📉 **BTCUSDT Analysis – Bearish Structure on the 15-Minute Timeframe** The chart indicates a strong downtrend in the 15-minute timeframe. After a continuous decline, the price is attempting a recovery, but this move appears to be more of a correction within the bearish trend. The price has shown weakness after touching the Exponential Moving Average (EMA),...
**SAND/USDT – 15-Minute Chart Analysis** The price has formed a **double bottom** near the **0.3040 - 0.3027** support zone and is showing signs of bullish reversal. A breakout from the short-term downtrend structure has occurred, and a **higher low** is forming. Entry has been taken at the breakout with a target around **0.3206**, which aligns with a...
**XRP/USDT – 15-Minute Chart Analysis** The price has broken above the descending trendline and is now testing a key resistance zone around **2.7130 - 2.7420**. This area aligns with previous support-turned-resistance and could determine the next move. If the price faces rejection here, a continuation of the downtrend remains likely, with **2.5900** as a...
**PI/USDT – 30-Minute Chart Analysis** The price is moving within an ascending channel and has recently reached the **1.9730 - 2.0445** resistance zone. A rising wedge pattern has formed at the top of this trend, which could indicate weakening bullish momentum. If the price reacts negatively to this level, a correction towards the **1.8500 - 1.8200** range...
**XRP/USDT – 15-Minute Chart Analysis** The price is currently trading within an ascending channel, showing a gradual recovery after the previous sharp decline. A key resistance zone around **2.5240 - 2.5470** is being tested, which aligns with the upper range of a consolidation phase. If the price fails to break above this level, it could lead to a pullback...
**XRP/USDT – 15-Minute Chart Analysis** The price experienced a sharp breakout, followed by a pullback to a key resistance zone around **2.7250 - 2.7300**. A descending trendline is acting as resistance, aligning with this area. If the price fails to break above this level, it may continue its downward movement, potentially targeting the **2.5900** range....