MonoCoinSignal

MonoCoinSignal Updated 

Ethereum is moving in a clear downward direction, within set upper and lower limits that have guided its price lately. The $3500 level is an important one to watch—it’s where Ethereum has struggled to rise above in the past, and it could tell us if the trend is about to change. The market has found steady ground at a certain support level, which is a price range...

MonoCoinSignal Updated 

FLOKI is currently trading at 0.0002639, showing signs of consolidation after its recent upward movement. Here's a closer look at the technical aspects shaping its market behavior: Support and Resistance: The absence of a clear resistance level above the current price suggests that the market is still in the process of establishing a new ceiling for FLOKI. The...

MonoCoinSignal Updated 

SOL is demonstrating remarkable resilience in the current market, consistently trending upwards despite Bitcoin's recent volatility. The latest hour shows SOL trading at $202, marking a solid upward movement with an impressive last day change of over 11%. The technicals paint a bullish picture with both MACD and RSI indicating strong momentum. The MACD...

MonoCoinSignal Updated 

As we dissect the price trajectory of Bitcoin over the recent weeks, a few patterns and key levels stand out sharply. Beginning in early February, Bitcoin embarked on an aggressive bullish rally, swiftly climbing past the resistance at $51,000. This upward movement was met with a period of consolidation before continuing its impressive ascent, reaching the...

MonoCoinSignal Updated 

PEPE presents an intriguing landscape as we delve into the 4-hour chart on Binance. Currently trading at 0.00000860, PEPE appears to be in a classic ascending channel, showcasing a bullish trend that started at the beginning of March. Current Resistance: The channel's upper boundary remains undefined, as PEPE hasn't met a dynamic resistance that has been...

MonoCoinSignal Updated 

Bitcoin has recently made headlines with a significant move, breaking past its all-time high in a surge of bullish momentum. The recent price action offers a complex and intriguing picture, blending enthusiasm and caution among traders and market spectators alike. As we assess the technical landscape post-breakout, Bitcoin's trading volume, while moderately high,...

MonoCoinSignal

QNT has developed a descending triangle pattern following its fluctuation between support level A and resistance level B. Presently, the price is undergoing a test of resistance level A, subsequently targeting the upper boundary of the triangle. Overcoming these two resistance levels will serve as a critical initiation for the upward trajectory of the price. ...

MonoCoinSignal Updated 

On the 4-hour timeframe, it is observed that the overall price trend is bullish, confirmed by drawing an ascending trend line. Upon a closer examination of the chart, a triangular pattern formation is noticed, indicating a continuation of the bullish trend after the upper side of the pattern breaks upwards. This breakout represents a key point in technical...

MonoCoinSignal

In the weekly timeframe for Lido (LDO), we observe that the overall market trend is bullish. This trend is identified by noting that the lows are higher than the previous lows, and the highs are higher than the previous highs. The price is moving within an ascending channel and is heading towards the main target, which is the top of the main channel. There are...

MonoCoinSignal

In the daily timeframe, Helium continues to trade above its ascending trend line, which acts as a crucial support level for it. If it supported by its trendline, the next target will be the Fibonacci level 1 area, which is marked with an orange box. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.

MonoCoinSignal

INJ is currently trading above its key support level of $38. If the price manages to break through the 0 Fibonacci zone, it is expected to initiate a strong upward trend aiming for the $60 target. Furthermore, the Ichimoku Cloud analysis also strongly supports this bullish perspective, indicating a high probability of achieving positive price forecasts for INJ. ...

MonoCoinSignal

1INCH has broken its critical resistance at the $0.60 zone and is now trading above this level, indicating a significant bullish movement. This level now acts as a new support, and we might witness a price retest of this level, which could set the stage for the next bullish wave. If this support holds, it is expected that the price will move towards its next...

MonoCoinSignal Updated 

As Bitcoin approaches the formidable $69,000 threshold , the all-time high acts as a static resistance level, a summit that bulls have yet to conquer. The chart illustrates this pivotal point with a thick red line, representing a ceiling that Bitcoin has tested but not breached. The tapestry of red and blue trend lines crisscrossing below the ATH serves as a...

MonoCoinSignal Updated 

Bitcoin is currently trading at $62,600, showing resilience with a moderate increase of 0.71% from the opening price. This uptrend is supported by a positive change from the previous day, reflected in the trading volume of 3.767K BTC. The market appears to be in a bullish phase, as suggested by the day-over-day increase, indicating sustained buyer interest. ...

MonoCoinSignal

In the weekly analysis of ATOM, the price oscillation between two marked zones stands out. These fluctuations within the ranges are identified as a trading range, indicating a relative stability of the price between these two levels. We witness that this oscillatory movement occurs within the context of an upward trend, where the downward candles represent the...

MonoCoinSignal

The price trend of Cardano is identified as bullish, and it is positioned within an ascending channel. It is expected that the price will oscillate between the ceiling and the floor of this channel. The price was located at the channel's ceiling and had been predicted to possibly decrease to the channel's floor. The price is corrected to the floor of the channel,...

MonoCoinSignal

On the weekly timeframe the support area marked by the blue box plays a key role in supporting the price and initiating a growth phase. After the price approached this support area, we witnessed a positive market reaction and the start of an upward trend. During this uptrend, the price reached the orange-colored resistance box, which had been previously identified...

MonoCoinSignal

Based on the weekly and daily charts, we have witnessed the complete breakdown of the previous resistance zone. This event is followed by a pullback to the level that had been breached earlier. Such a pullback movement could signify the confirmation of the resistance breach and a change in trend direction. Observing a consolidating candlestick at this level...