centuo

centuo Updated 

BTC is one more time bouncing from the 50 monthly MA (yellow MA) after a few months. Still in bullish territory. The BTC monthly price action might continue going up from here as in previous BTC cycles. Also, the monthly RSI is about to cross bullish (two RSI MA - yellow RSI line crossing above the purple line - in a few weeks).

centuo

Cardano ADA is one more time touching support on the monthly after a few years. Cardano fundamentals and DEFI are growing stronger every day and Cardano TVL is getting closer to the 600 million ADA ATH mark. Very soon the ADA bull market will be confirmed.

centuo

XRP is about the break out the multiyear descending triangle formed since 2018 in the monthly USD chart. The monthly RSI is also showing the same bullish sentiment. XRP fundamentals are growing daily; behind XRP there is also a strong community and team. Additionally, the XRP / Ripple SEC situation might be coming to a favourable end for Ripple and therefore, also...

centuo

The XRP USD price action is about to breakout the descending yearly resistance formed since 2018. It is still respecting the yearly ascending channel as described in previous analysis and the monthly RSI has already breakout (in terms of RSI moving averages). When monthly RSI breakout this way, it is likely the price action follows the same behaviour. XRP is...

centuo

Is the Bitcoin dominance likely to continue going up? Considering all the alt-coin innovation against the bitcoin mass adoption it is likely that the bitcoin dominance start dropping from 48-50% to 30% in the next bull market.

centuo

Cardano ADA looking bullish on the monthly as the monthly RSI is about to break out (crossing of RSI Moving Averages) as well as the price action.

centuo

Chainlink looking bullish on the monthly as the monthly RSI is about to break out (crossing of RSI Moving Averages) as well as the price action.

centuo

Considering all the #Cardano fundamentals, ADA might continue going up from here in the monthly chart. On Defillama there are only 17 Cardano dApps being tracked but many more coming in the next months. Therefore, TVL will increase and the ADA price is likely to follow this behaviour.

centuo

The BTC price action is still respecting the ascending multiyear channel, targeting $300K in the next bull market top according to projections. The BTC price action has broken out the descending trend since 2021 but still we need confirmation in the monthly RSI and MACD. The monthly RSI has touched the lowest point in history and this might be a bullish sigh. This...

centuo

The ADA USD monthly chart is showing that the ADA price action is about to break out the monthly descending trend since 2021 (nearly two year of bear trend). We need to have confirmation after a few week, but, as seen in the monthly RSI, the ADA price action has touched (a few weeks ago) the lowest point in history (in December 22nd 2022). This might be a bullish sign.

centuo

Bear in mind that we have never been so oversold on the monthly on BTC. In the BTC monthly RSI we have finally touched the monthly RSI down trend line (in yellow). This might be a very bullish sign for crypto and Bitcoin.

centuo

We are still on track on the BTCUSD monthly chart if we consider the blue channel shown above. If we consider this new pattern/structure for BTC, we might still hit around $300k in 2024-2025 and hit $1 - $1.5 millions by 2029-2030, per BTC (see green arrows and corresponding targets). Also, we might be close to the bottom of the recent BTC price action (in the...

centuo

As can be seen in the XRP monthly chart, there is a multi year ascending channel defined. The XRP price action and corresponding monthly RSI, have respected this channel so far in the last few years, as can be seen in the different yellow circles (peak bear market periods), orange circles (transitional market periods) and green circles (peak bull market periods)....

centuo Updated 

According to the weekly ADA USD chart as well as the weekly RSI, the ADA price action is about to break out the descending support in yellow. As can be seen in the weekly RSI, the descending support has already been broken but still the ADA price action above, needs to follow this existing RSI break out. Looking bullish in the long term as long as Cardano...

centuo

BTC USD might be entering one more time the ascending channel in purple. In order to achieve this, BTC should reach the $30K price level. At the current price level at 23K, BTC is already above the 200 weekly simple moving average one more time, which is a bullish sign. We need to wait and see if the current weekly candle closes above 23K to get a bullish...

centuo

BTC is currently holding the multi year support well at around 27K. Historically since its inception, BTC has respected this support. The crypto fundamentals are the same and even better each day.

centuo

As seen in the monthly chart, the XRP USD price action has just bounced from the 21 monthly MA as in the case of BTC. This is a very bullish signal. The XRP USD price action might retest the $1 mark in the following weeks.

centuo

Cardano ADA is looking bullish one more time. At the moment, the TVL of Cardano dapps is increasing dramatically (more than 250 millions in a few weeks) considering already 6 dapps fully working and 400 dapps in development. Also, performance is about to increase even more in terms of new improvements coming soon, keeping security high and no downtime so far since 2017.