Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Key points:
Bitcoin is facing sales of nearly $ 110,500, but the bulls are expected to aggressively defend the price of BTC for key moving averages.
XRP is trying to break over its level of immediate above -ground resistors.
Bitcoin (BTC) It continues to face sales near level $ 110,500, indicating that the bears are vigorously defending the level. A positive feature for the benefit of bulls is that they did not allow the price to be immersed under moving averages. This suggests that the bulls hang in their positions and are not in a hurry to reserve their profits.
Analysts point out that bands in The Bollinger Bands indicator is pressedDesign of sharp movement can be around the corner. The creator Bollinger Bands John Bollinger said in the X post said that Bitcoin could “prepare upwards.”
Investors did not give up because they continue to draw money on the products traded on bitcoins (ETP) that have recorded The tide of $ 790 million in a week’s week It ended on Friday, for Coinshares data. Compared to the previous three weeks, there was a marginal deceleration of an influx that witnessed $ 1.5 billion.
Coinshares research leader James Butterfill said that the decline in the tide indicates a cautious approach of investors when Bitcoin approaches its historically highest level.
Will Bears pull Bitcoins below movable diameters, or could buyers defend the level? How will they behave altcoins? Let’s analyze graphs of the 10 best cryptocurrencies that need to be ascertained.
The S&P 500 (SPX) Index (SPX) has expanded its uprlend last week, indicating the permanent demand of bulls at higher levels.
Usually, after the outbreak of significant resistance, the price will drop and test the level of escape again. Therefore, a repeated test from level 6 147 is possible. If the price appears sharply from 6,147, it suggests that the bulls have overturned the level to support. This increases the probability of continuing uptrend. The index can then be collected towards 6 500.
Sellers will have to withstand the price below 20 days exponential gliding average (EMA) (6 099) to weaken bull dynamics. The index may then fall to a 50 -day simple gliding diameter (SMA) (5 904).
The US dollar index (DXY) appeared on Tuesday from 96.37, indicating demand at lower levels.
Pulling could reach the level of 97.92, where bears are expected to be sold aggressively. If the price from 97.92 decreases sharply, it suggests that the bears are trying to turn the level to resistance. This increases the risk of a break below 96.37. The index may then drop towards 95 levels.
On the contrary, a break and close above level 97.92 suggests that the bulls are on return. The index could then increase to a 50 -day SMA (99.03). This is an important level to watch, because the break over it could move the index to 100.54 and then to 102 resistance.
Bitcoin oscillates between 20 -day EMA ($ 107 211) and overhead resistance $ 110,530.
It is unlikely that this tight trading with range would take a long time. Although the scope is around the corner, it is difficult to predict the direction of escape. If the price decreases and plunged under movable diameters, a few BTC/USDT could descend to $ 104,500 and later to $ 100,000.
On the contrary, a break and close above $ 110,530 opens the gates for the rally at $ 111,980 and then on the neckline of the inverse head and shoulders pattern. Near the neckline could start another leg uptrend to $ 150,000.
Ether (Eth) was stuck inside the range of $ 2,738 to $ 2,323 for several days, while attempts to break and maintain the price above and below the range are unsuccessful.
Buyers are trying to move the price over $ 2,635 and clean the path for rally to $ 2,738. Sellers are expected to defend the zone of $ 2,738 to $ 2,879 hard. If the price decreases from the directorial zone, a few ETH/USDTs could find support to 20 -day EMA. If the price reflects from the 20 -day EMA, Bulls will try to drive a couple over $ 2,879 again.
On the other hand, a break and just below the 20 -day EMA suggests that the couple can extend their stay within reach. Sellers will return in a driver’s seat on a nearby $ 2,11 driver.
The buyer managed to keep the XRP (XRP) Over the 20 -day EMA ($ 2,20) in the last few days, the lack of aggressive bear sales has been signaled.
The 20 -day EMA began to appear and RSI jumped into a positive zone, suggesting that the path of the least resistance is awake. There is a resistance to $ 2.34, but it is likely to be exceeded. A pair XRP/USDT could climb $ 2.48 and then $ 2.65. Buyers will have to overcome the barrier for $ 2.65 to start a new step towards $ 3.
Conversely, if the price decreases and falls under 20 days, it suggests that the couple can be between $ 2.34 and $ 2 for a while.
BNB (BNB) On Saturday, the 20 -day EMA ($ 652) reflects that the sentiment remains positive and the traders buy a decline.
The 20 -day EMA and RSIs just above the center indicate a slight edge of bulls. If the $ 665 resistance fallen, the BNB/USDT couple could increase to $ 675 and then to $ 698. Sellers are likely to be a solid challenge of $ 698 because the break over it could lead a couple to $ 732.
This optimistic view will be unhappy in the near future if the price decreases and disintegrates below movable averages. The couple can then drop to $ 636.
Bulls managed to push Solana (Sol) Over 20 -day EMA ($ 149) on Sunday, but trying to break over a 50 -day SMA ($ 154).
The 20 -day EMA flattened and RSI is just above the center, indicating a balance between supply and demand. Buyers will have the upper hand if they shift a pair of SOL/USDT over $ 159. This opens the gates for an increase to $ 185. There is less resistance to $ 168, but it is likely to be exceeded.
The first support at the disadvantage is $ 145 and then to $ 137. A break below $ 137 loads the advantage in favor of bears. The couple can then cut to $ 126.
Related: 4 sign that the price of the Ethereum rose to $ 5 to play
Dogecoin (DOGE) broke above 20 days EMA ($ 0.16), suggesting that the bulls are trying to return.
If the buyer keeps the price over 20 days of EMA, the DOGE/USDT couple could increase to a 50 -day SMA ($ 0.18) and later to $ 0.21. Sellers are expected to prevent a $ 0.21 level, but if the buyer prevails, the couple can rise to $ 0.26.
Instead, if the price refuses from the current level and disintegrates below the 20 -day EMA, it suggests that bears are sold to every smaller rally. This could sink a pair to support $ 0.14.
Cardano (Ada) held a 20 -day EMA ($ 0.58), suggesting that the bulls kept pressure.
Merging 20 -day EMA and RSI just below the center suggest that the sales pressure is reduced. If the buyer controls the price over 20 days of EMA, the couple ADA/USDT could gather at a 50 -day SMA ($ 0.64) and then on the line descending. The bulls will have to push and maintain the price above the haystick line to signal the potential change of trend.
Sellers will have to drag the price below $ 0.50 support to complete the bear’s descending triangle formula. This can start moving down to $ 0.40.
The buyer managed to maintain hyperliquide (hype) over 20 -day EMA ($ 38.41) in the last few days, indicating demand at lower levels.
The negative sign, however, is that the bulls could not drive a price over a nearby resistance of $ 41.23. If the price occurs from the current level or from the 20 -day EMA and breaks over $ 41.23, it indicates that the bulls are back on the driver’s seat. A pair of Hype/USDT could grow to the resistance zone $ 42,50 to $ 45.80.
The first sign of weakness at the disadvantage will be a break and just below the 50 -day SMA ($ 36.60). It opens the door for a drop of $ 33.25 and later to $ 30.69.
This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.