XVG is currently trading at a support of $0.01118. If it can hold this support, we could start seeing a move towards $0.01432, $0.01625, $0.01625, $0.01782 and $0.01938. If we can clear this range it opens the doors for a move towards $0.03265 and $0.04592. Failure to hold the current support could lead to a drop towards $0.009604.
TOMO is currently trading close to the resistance of $1.41. If it can break this resistance, we could start seeing a move towards $1.55, $1.69, $2.12 and $2.39. Failure to break the resistance could lead to a drop towards $1.25, $1.10 and $0.93.
The 4 hourly chart on BTC is very bearish. BTC could not hold the support at $34,000 and we saw a sell off towards the lower support of $31,000. This area also corresponds to the trend line support area. BTC has to close multiple 4 hourly candles above this green support zone of $31,000 and quickly reclaim $34,000 and flip it to support. If not, this could pan out...
BTC almost reached the 2.618 fib at $44,000 as per our previous chart. A rejection from this price or the area around this price was expected and BTC has now dropped to our support zone of $32,000. This is an important level to hold for the correction to be over. If this level does now hold, we can start seeing a move towards 0.618 fib at $24,000 with stops at...
LTC has broken out of the accumulation zone and perfectly tapped the 1.618 fib at $138.90. LTC is now poised to move towards the 2.618, 3.618 and 4.618 fib at $185.50, $232.10 and $260.90 respectively. Failure to break the resistance of $185.50 could lead to a drop towards $155.22 and $136.95.
1INCH is trading above the support of $1.20. As long as we are above this support of $1.20, we could see a move towards $1.39, $1.57 and $1.98. Failure to hold the support of $1.20 could lead to a drop towards $1.09 and $0.94.
BAL has broken the resistance of $17.61 and is now approaching the resistance zone of $19.33. If it can break this resistance of $19.33, it could push towards $20.21, $22.50 and $24.63. Failure to break the resistance at $19.33 could lead to a drop towards $17.61, $16.00 and $14.76.
As per the weekly graph, XLM is currently at the resistance of $0.35. If it can stay above this resistance and flip it to support, we could see a move towards $0.45, $0.61, $0.70 and $1.05. Failure to break this resistance could lead to a drop towards $0.28 and $0.20.
ATOM is currently trading at a resistance of $6.62. If it can flip this resistance to support, we can start seeing a move towards $7.50, $8.39, $9.65 and $11.26. Failure to break the resistance could lead to a drop towards $6.04, $5.52, $5.14 and $4.53.
XMR lost two major supports of $160 and $148. It is currently trading above the support of $135. If the support of $135 breaks, XMR could drop towards $125, $119, $109 and $97. If the support of $135 holds, we could see a move towards $148 and $160.
ZIL has grown 3x in a month’s time from $0.03x towards $0.08X. ZIL has established a support at $0.0764. As long as ZIL stays above $0.0764, we can start seeing a move towards $0.085, $0.096, $0.105 and $0.113. Failure to hold the support of $0.0764 could lead to a drop towards $0.0686.
LINK is currently trading just above the trendline support. As long as it is above the support of 44174 sats, we could see a move towards 51948 sats and 67692 sats. Failure to hold the support of 44174 could lead to a drop towards 39242 sats.
XRP has lost all of its supports compared to BTC. There is absolutely no support below the current value of 1546 sats. If BTC can reclaim the support of 1546 sats, we can start seeing a move towards 1912 and 2277 as per the weekly charts. These 2 were the previous 2 important support levels and need to be reclaimed for the recovery of XRP compared to BTC. If XRP...
ETH broke the support of 0.0263 and dropped below towards the lower support levels. As long as ETH is above 0.0263 we can start seeing a move towards 0.0278, 0.0294, 0.0310 and 0.0330. Failure to hold the support of 0.0263 could lead to a drop towards 0.0251 and 0.0242.
Theta had been accumulating between $0.6 and $0.7 for a long time. As soon as it broke out of this accumulation zone, it started gaining momentum upwards. It is currently trading above the 1 fib. As long as the support at fib 1 at $1.072 holds, we could see a move towards fib 1.618 at $1.249 and an extended move towards fib 2.618 at $1.534. Failure to hold the...
DOT is approaching a support zone at $5.08. If it can hold this support, we could see a move towards $$5.65, $5.92 and $6.29. Failure to hold the support could lead to a drop in price towards $4.65 and $4.25. $4.65 and $4.25 would be an ideal place to add to your DOT long position with targets up to $6.29.
XZC is approaching the resistance zone of $3.69. If it can successfully break this resistance, we could see a move towards $4.06 and $4.68. Failure to break the resistance at $3.69 could lead to a move towards $3.26 and $2.84. The risk to reward ratio for longing at $2.84 would be very high with a stop loss below the lower wicks.
ENJ is approaching a resistance zone at $0.1609. If it can break this resistance, we could see a move towards $0.1822 and $0.1990. Failure to break the resistance at $0.1609 could lead to a drop towards $0.1382 and $0.1190. Both these support zones could be good long opportunities.