MonoCoinSignal

MonoCoinSignal

SUI is trading near $0.9138, after a pullback from a high of $0.9865. The price is testing support near the lower Bollinger Band ($0.9023), following a cooldown after the recent spike in activity. Sui recorded 41 million transactions in 24 hours, surpassing Solana, showcasing growing interest and network utility. Bollinger Bands and Price Compression The...

MonoCoinSignal

Key Resistance at $0.10476 Dogecoin (DOGE) is currently trading around $0.102, after failing to break through the upper Bollinger Band resistance of $0.10476. The price hit a high of $0.10495, but selling pressure has pulled it back below the BB Basis of $0.10322. After peaking at $0.10495, Dogecoin has pulled back, now stabilizing around $0.102. The rejection...

MonoCoinSignal

Momentum Peaks as Price Tests Key Resistance at $0.00218 REEF is currently trading at $0.00203, following a strong rally that pushed prices toward the upper Bollinger Band at $0.00218, a key resistance level. This rapid ascent has led to overbought signals, with both RSI at 74.53 and Stochastic %K at 78.81, indicating caution ahead as we might see a pullback or...

MonoCoinSignal

After an impressive run to $1.77, WIF is currently stabilizing around $1.65 with mixed technical indicators pointing toward consolidation. Bollinger Bands (BB) Narrowing The price is sitting near the BB Basis of $1.67, with the upper and lower bands at $1.70 and $1.64, respectively. The Bollinger Bands are tightening, suggesting volatility may decrease, and we...

MonoCoinSignal

Solana has faced mounting pressure throughout September 2024, as broader market dynamics continue to weigh on its performance. Much like other cryptocurrencies, SOL is reflecting the bearish sentiment that has characterized the market, with the price consolidating after a significant decline. This pattern of weakness aligns with broader trends in the crypto...

MonoCoinSignal

Bitcoin has entered September 2024 under pressure, following a broader pattern seen in previous years where the month tends to be bearish for the cryptocurrency. Historically, Bitcoin has faced average declines of about 4-7% in September, often driven by a combination of market sentiment and broader macroeconomic factors, such as changes in U.S. monetary...

MonoCoinSignal

BONK on the daily timeframe has shown a strong support level in the range of 0.000013 and 0.000015. This support zone has proven its ability to withstand selling pressure and can be a good accumulation point for investors. If the price stabilizes in this area, it is expected that the asset will move toward higher targets of 0.00002 and 0.000022.

MonoCoinSignal

After fluctuating within the support range of 1.4 to 1.5, WIF is now in a position where this zone can serve as a strong support. This area has a history of holding prices against declines and could be an attractive accumulation point for investors. If the price stabilizes at this level and bounces upward, the first resistance targets to watch are 1.68 and 1.73....

MonoCoinSignal

DOGS has broken out of its downward wave from the top and is currently positioned at two key support levels, 0.00102 and 0.00096. A pullback is likely in this area, after which an upward movement toward the defined targets and resistance levels is expected. It is recommended to add this cryptocurrency to your watchlist and monitor its progress closely.

MonoCoinSignal

After two days of fluctuating, Bitcoin has finally closed above its weekly channel, and global markets have reopened. Currently, BTC is positioned on the significant weekly support at $57,000, where we are awaiting a suitable reaction that could drive the price back up. On the higher timeframes, we are observing the formation of a potential ascending triangle...

MonoCoinSignal

In the 4-hour chart for FTM, there are emerging signs of a bullish divergence, indicating the potential for a shift in market sentiment. The price has reached a key support zone between $0.38 and $0.4, which is recognized as a strong level that could prevent further decline. If the price finds stability in this support area, it could lead to an upward movement,...

MonoCoinSignal

NOT is in a downtrend and has reached the $0.0075 support level. This level is recognized as a strong support that could prevent further price declines and increase the likelihood of a price rebound towards higher levels. One possible scenario is that the price finds support at the $0.0075 area and, after observing bullish confirmations, moves towards higher...

MonoCoinSignal

AAVE is currently moving within a descending channel, with the price correcting after hitting the channel’s ceiling. This movement indicates a continuation of the downtrend and an attempt to break out of this descending channel. The possible scenario is that the price continues to move downwards, reaching the floor of the descending channel. This movement could...

MonoCoinSignal

ALGO is in an uptrend and is currently approaching a strong demand zone. This area can act as significant support, potentially driving the price upwards. The price is moving slowly within this demand zone, which may indicate the market’s attempt to attract new buyers. One possible scenario is that the price finds support in the demand zone and, after observing...

MonoCoinSignal

ANKR is trading within a descending channel and is experiencing a strong downtrend. This trend indicates selling pressure in the market, and the price is currently moving towards the channel’s lower boundary. This movement suggests that buyers have not yet been able to reverse the trend within this channel. One possible scenario is that ANKR’s price moves towards...

MonoCoinSignal

ATOM is in a range-bound trend but is experiencing strong fluctuations that may indicate the entry of strength into the market. These fluctuations could signal a potential change in the trend’s direction or the continuation of the current movement. Potential Scenarios: 1. Downward Movement and Stop-Loss Collection: • One possible scenario is that ATOM may...

MonoCoinSignal

BINANCE:BTCUSDT Bitcoin is currently trading at higher levels, and a price correction towards the $62,000 channel seems possible. This level acts as strong support, and if the price stabilizes within this range, there is potential for an upward move towards higher levels. After recent upward movements, Bitcoin has reached a higher price level, which might cause...

MonoCoinSignal

The price of FIL is currently within the $3.86 to $4.00 support range. This range acts as a crucial area to support the price and may prevent further declines. If the price stabilizes within this range, an upward movement towards higher levels could be expected. Potential Scenarios: Maintaining Support and Moving Upwards: If the price holds within the $3.86...