BINANCE:XRPUSDT BITSTAMP:XRPUSD CRYPTOCAP:XRP Update XRP is currently trending within a rising channel that has been in place for over 600 days. Presently, it maintains a position above the lower support level of this channel. We anticipate a potential rebound from this lower support zone. The area marked by the blue box represents the accumulation...
#API3 BINANCE:API3USDT is forming an ascending triangle. it has support of MA 50, trendline, and the Ichimoku cloud support. A solid breakout of the triangle would be the bullish confirmation, while a rejection would be a sign of further movement inside the triangle. Entry Point: CMP and add more up to $3 Targets: $3.6, $4, $4.5,$4.7,$5.5,$6.9 estimated...
Ethereum is currently encountering a crucial price range between $2370 and $2400, with the lower trendline of this range serving as a formidable resistance. Presently, Ethereum is experiencing rejection at this level, indicating a significant challenge for bullish momentum. For the bulls to gain control and initiate an upward trend, it is essential for...
Bitcoin (BTC) is currently displaying a head and shoulders pattern on the 2-hour timeframe. Confirmation of this pattern requires a candle to close below the neckline. If this occurs, there is potential for a nearly 13% drop in accordance with the pattern. We are eagerly awaiting the next 43 minutes for the candle to close to assess the situation. Stay tuned for...
The price of #Bitcoin ( CRYPTOCAP:BTC ) has deviated from our initial projections but has adhered to the weekly forecast, notably breaking through a formidable resistance area and experiencing a significant surge. This upward movement appears to be catalyzed by the imminent news regarding a #BitcoinETF, suggesting a sustained price level until additional...
#NEAR: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Be prepared to add more positions if the price drops to $3.34. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $3.52, $3.6, $3.78,...
#AVAX long trade setup: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Add more positions up to $37.4. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $41.5, $43.2, $44.7, $47, and $50....
#1000RATS long trade setup: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Add more positions up to $0.239. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $0.304, $0.333, $0.405,...
#SEI long trade setup: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Add more positions up to $0.661. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $0.78, $0.85, $0.92, $1.01, and...
#BLZ/USDT pair: Technical Analysis: Strong Support Level: The current scenario indicates that BJD is above a strong support level, suggesting a potential rebound in the price. Entry Point: Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above the strong support level. Additional Entry: Add more positions...
#POWR/USDT pair: Technical Analysis: Trendline Support: POWR is currently above a strong ascending trendline support, suggesting a bullish trend. Rebound Potential: The trendline support indicates the potential for a rebound in the price. Entry Point: Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above...
"📈 #DAO/USDT Chart Update: Breakout from Falling Wedge, Retest Underway 🚀 The DAO token has recently broken out of a falling wedge pattern, signaling a potential reversal and bullish momentum. Currently in the retest phase, this presents an entry opportunity for traders. 🔍 Entry Strategy: Planning to buy at the current market price (CMP) and considering...
🚀 #SSV Update 📈 In the daily timeframe, #SSV has beakout this Big cup and he and pattern currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in CMP and add to this retest 🎯 Targets: TP1: 40$ TP2: 45$ TP3:...
LTC is currently trading above a significant long-term support level that has held for 1862 days, as evident from historical price interactions. This support has consistently resulted in a bounce for LTC whenever the price approaches it. While we anticipate another bounce, it is prudent to acknowledge the possibility of a breakdown. Fortunately, the risk...
Ethereum Analysis: In terms of the overall outlook, there are indications that suggest a potential cause for concern regarding short-term performance in altcoins. To assess the current situation, it's crucial to keep an eye on the 50-day Moving Average (MA) on the daily chart. Despite the need for caution, Ethereum is presently trading above this MA. This...
On the weekly timeframe, Bitcoin has been facing significant hurdles in overcoming a well-established resistance area. The ongoing struggle to surpass this key zone, situated around $43,250, is of paramount importance. The impending closure of this timeframe holds critical significance, as it is imperative for Bitcoin to secure a decisive breakthrough above this...
"ACE/USDT Long Trade Alert 🚀 ACE breaks falling wedge, now retesting. Entry: Current Market Price (CMP), add more up to 9.0081. Targets: Aiming for 60-80% gains. Stop Loss: If any 2-hour candle closes back inside the wedge. Leverage: 5x to 10x. R:R (Risk-Reward Ratio): 1:6 (Lucrative). Use leverage wisely, DYOR. Not financial advice.
Bitcoin (BTC) has recently experienced a significant surge in price, characterized by a notable increase in trading volume, particularly evident in the Ichimoku cloud. This surge coincides with a breakout from a symmetrical triangle pattern, a technical analysis formation often regarded as a precursor to substantial price movements. The Ichimoku cloud, a popular...