#BTC Dominance Update The Daily Bitcoin Dominance RSI has dropped to its lowest point since August 2023!
👉 Current RSI Level: ~22 👉 Over the past few years, this low RSI level has been reached only 3 times, and each time it was followed by a reversal to the upside in BTCDOM.
Will history repeat itself? Is Bitcoin Dominance gearing up for a comeback? Let us know your thoughts below!
Current price: $0.42956 (-6.04%) 24h high: $0.46849 24h low: $0.42526
DOGE has faced a sharp retracement after reaching $0.48434, now hovering near a key support zone. The 4-hour chart reflects increasing selling pressure with heightened trading volumes during the drop.
Key questions to consider: - Will the bulls take control and push for a recovery? - Can DOGE reclaim the $0.45 level and regain upward momentum?
What’s your take on the next move? Drop your thoughts and predictions in the comments. Let’s dive into the action together! 🚀🐕
$XRP is experiencing a pullback, trading at $2.36 (-6.92%) after failing to maintain its recent upward momentum.
Despite the dip, XRP remains a standout performer with a massive +342% gain over the past 90 days. Key support lies near $2.17, which could be a critical level for bulls to defend.
Will the next move bring renewed buying interest or further consolidation? Eyes on the charts as the market decides the next direction!
$XRP is experiencing a pullback, trading at $2.36 (-6.92%) after failing to maintain its recent upward momentum.
Despite the dip, XRP remains a standout performer with a massive +342% gain over the past 90 days. Key support lies near $2.17, which could be a critical level for bulls to defend.
Will the next move bring renewed buying interest or further consolidation? Eyes on the charts as the market decides the next direction!
$OSMO price rejected at key resistance near $0.80, failing to sustain the recent breakout attempt. Sellers have regained control, pushing the price back into the previous range. Watch for support levels around $0.70 to determine the next move.
Bitcoin closed the weekly candle in a decent position, forming support near $100,000. Currently, the price is retesting this level, with the next key zone around $97,000.
Keep an eye on these levels and explore opportunities in altcoins near these areas for potential setups.
Bitcoin has broken out above a key resistance area and is now retesting it as support. The Ichimoku Cloud signals bullish momentum, suggesting buyers are in control.
If the retest holds, Bitcoin could see a strong upward rally. On the other hand, if the support fails, the price may slip back into the previous range.
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#UMA is showing strong bullish momentum, supported by a breakout from a double bottom pattern and key Fibonacci retracement levels. The price action suggests the potential for further upward movement.
Currently, UMA is trading at $3.9, reflecting an impressive 59% gain. The price has surpassed the 0.618 Fibonacci level, signaling a continuation of the bullish trend.
#XRP Trend Update: XRP is currently moving within a descending wedge pattern after a strong upward rally. The price is consolidating near important retracement levels.
- First Buy Zone: $2.0496 - Second Buy Zone: $1.8681
If XRP bounces from these levels, the potential targets are: 1. First Target: $2.6281 2. Second Resistance Level: $2.9948
The Dollar Index faces rejection around 106.40–106.60, forming a strong resistance zone. A breakdown to 105.40 could open room for bearish momentum. Buyers must reclaim resistance for an upside push. Watching closely! 🧐