Passionate crypto trader with over 5 years of experience in buying and selling cryptocurrencies. I specialize in using technical analysis to identify trends.
US Election 🇺🇸 : Crypto Donations Hit New Milestone Outpacing Oil and Pharma GiantsThe 2024 US elections have marked a historic shift as crypto donations surpass $238 million amid rising political clout of the industry.
#OGN is showing potential for a bullish breakout! Key support is holding strong around the $0.0785 level, with an upside target aiming toward $0.10+ if momentum continues. Watch closely as we approach this potential reversal zone!
📊 Market Update: #RLC/USDT Analysis 📉 We're observing a symmetrical triangle pattern forming in the #RLC/USDT pair on the 3-hour chart. The price is currently testing the support zone highlighted in green, suggesting a potential point of interest for traders. Key Levels to Watch: Support Zone: ~$1.45 (highlighted in green)
Resistance Level: ~$1.506 (upper trendline)Target Zones: Potential Upside: ~$1.753 Potential Downside: ~$1.368 This setup could indicate a breakout in either direction, so
Ethereum Daily Chart Analysis (#ETH/USDT) As previously indicated, the price has touched the highlighted red support zone, reflecting a potential retest scenario. This level serves as a critical area for a potential bullish move. Should the daily candle close above the triangle trendline, a long position might be considered, with targets set towards Resistance 1 and Resistance 2. However, if the daily candle closes below this support zone, it could trigger a move towards deeper support levels. I
XRP/USD Price Analysis is currently trading within a well-defined ascending channel, showing a potential bullish structure. As seen in the weekly chart, the price has been moving upwards within this channel with notable historical resistance and support points (marked in red dots). Key Highlights: • XRP has repeatedly respected the channel boundaries, hinting at a strong uptrend. • A breakout towards the top side of the channel could see XRP reaching the $246 target zone indicated by the red
#Ethereum (ETH/USDT) Daily Chart Update As previously analyzed, Ethereum has dipped back into the lower support zone within its descending triangle pattern. After testing this area, ETH is showing slight bullish signs, but the market remains highly volatile. 🔸 Current Analysis Lower Support Zone: ETH is testing a key support level (highlighted in red). If it holds, a bounce could be likely, presenting a potential upward move. Resistance Points: Key resistance levels are set at $2,790.99 and $3,
Milestone Alert! Spot #Bitcoin ETFs Cross 1,000,000 BTC Holdings in Just 10 Months Spot Bitcoin ETFs have officially crossed 1,000,000 BTC holdings in record time – just 10 months! 📈 This rapid accumulation reflects strong institutional interest and could signal a bullish long-term outlook for Bitcoin.
As $FIL approaches the triangle's apex, watch for increased volume to confirm the move. A decisive break could set the next trend. Stay vigilant! Analysis
#ETHUSDT. After riding some bullish side, now price again back in bearish side. Let's see where the daily candle close. It seems for a light touch in red zone.
ETH is currently holding at a strong support level. As anticipated, the price has moved down from resistance and is now testing the lower support zone. Here’s what to watch:
Bullish Close: A bullish daily close above this level could signal a potential rally towards Resistance 1 ($2,900) and higher.
Bearish Close: A close below this support may suggest further downside movement.
Solana's Ascending Triangle: Will SOL Hit $202 Soon?
#Solana is showing strength as it continues to test the key resistance at $168. With the price forming a solid ascending triangle, we could see a potential breakout toward $202 or higher Key Levels to Watch: Resistance: $168, $180, $202Support: $140, $128 A successful break above $168 could trigger a bullish move, while failure to hold may lead to a retest of the lower support zones. Keep your eyes on these levels!