💎Direct your focus to FLOKIUSDT! Our analysis indicates it's on the brink of a significant shift, having recently revisited the descending trendline, priming itself for potential trajectories.
💎Looking back, Floki Inu has consistently interacted with a descending trendline, meeting resistance on three occasions. Notably, it broke through this trendline but was...
💎OGNUSDT is currently anchored within a demand zone, signaling possible upcoming trajectories.
💎Looking back, OGNUSDT experienced a trendline break, steering it downward. Yet, its resistance at the supply zone coupled with the establishment of an equal low has set the stage for a potential bearish turn.
💎Now, as it finds its footing in the demand zone, a...
DogeCoin (DOGE) technical analysis:
Trade setup : Bullish breakout from Descending Triangle pattern. Price is retesting that breakout level now and if successful, it could swing up to $0.07, which is also a 200-day moving average and thus stiff resistance.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as...
💎 DYDX is experiencing a significant uptick in price and has successfully breached the MA 200, consistent with previous anticipations.
💎At the moment, DYDX is advancing towards the resistance found at its former high. A definitive breakthrough above this resistance would confirm the potential for the continuation of the bullish trend. The RSI is currently in the...
Cloudy weather with some sun lies ahead for the overall global crypto market in the next 24 hours. This translates into a slightly bearish market with downside risk. However, Ether trades in sunnier conditions, indicating potential upside. ☀️
Over a one-week horizon, the forecast is mixed with sunny trading conditions ☀️ for both major cryptocurrencies – Bitcoin...
Ethereum (ETH) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern, above $1,600, which could signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Upside potential to $1,800 horizontal resistance zone, which also lines up with 200-day moving average, making this a stiff resistance...
Solana (SOL) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern and back above 200-day moving average (~$21), which signals bullish trend reversal with upside potential to $25-30 resistance zone.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is...
💎 BTC has witnessed a notable increase in trading volume, surpassing the MA 200 to align with prior expectations.
💎Currently, it’s facing formidable resistance at the level of its previous high. A clear and decisive surpassing of this resistance level would validate the likelihood of the bullish trend persisting.
💎Presently, the RSI is in the overbought...
Trade setup : Price is in an Uptrend. It got rejected at $2.60 resistance zone, just as it did in early 2023. Pullback near $1.95 support area could be an attractive swing entry in Uptrend, with upside potential back to $2.60 (+30%) .
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD...
$STXUSD has now beautifully broken out of the triangle after an impressive textbook correction at the 0.618 Fibonacci retracement.
This type of correction is a typical feature of wave 2 in an Elliot wave count, which indicates that $STXUSDT is now ready to embark on its third impulsive wave, often referred to as the most explosive one.
Considering the increasing...
The Southern District of New York concluded that Ripple’s Programmatic Sales and Other Distributions of XRP did not constitute the offer and sale of investment contracts.
But Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act. Adam Cochran: First Judge did decide...
💎Yello Paradisers! Prepare yourselves for an exciting journey with FTMUSDT. We've identified a successful exit from the descending channel, laying the foundation for a likely bullish rise.
💎Based on our previous evaluations, we observed the transformation of demand into supply, with FTM making contact with the lower channel support.
💎Currently, the notable...
Trade setup : Price has regained the $1.60 key level, which has held up several times this year and could signal beginning of a bullish trend reversal with near-term upside to $2.00. Momentum turned bullish again (MACD crossover and RSI crossed above 50 centerline). Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform.
Trend :...
💎Yello Paradisers! Get ready for a thrilling venture with COMPUSDT. We've detected a triumphant escape from the descending channel, paving the way for a potential bullish ascent.
💎From our prior assessments, we witnessed the metamorphosis of demand into supply, with COMP revisiting the falling channel support.
💎At this time, the substantial volume in VRVP is...
Hello Paradisers, turn your attention to this token!
💎 MKR has been unable to establish newer highs on the daily timeframe and faced rejection in the supply zone.
💎Currently, MKR has decisively broken past its previous higher low, establishing a lower low - a bearish indication.
💎It seems MKR might be gearing up to form a new lower high before potentially...
💎Yello Paradisers! Let’s dive deep into INJ! It’s evident that it’s maneuvering above a trading channel and is about to explode.
💎 A meticulous examination reveals a transition from demand to supply in INJUSDT, leading to a significant decline in price, touching the channel support.
💎 Rebounding from this support, the asset is rekindling its bullish momentum,...
Ethereum (ETH) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern , above $1,600, which could signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Upside potential to $1,800 horizontal resistance zone, which also lines up with 200-day moving average, making this a stiff resistance...
