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GK-ARONNO
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$SOL Solana price analysis.......🚀🚀🚀 Solana  $153  has been trading between $126 and $162 for several days, indicating indecision about the next directional move. #SOL/USDT daily chart. The flattish 20-day EMA ($146) and the RSI just above the midpoint suggest that the range-bound action may continue for some more time. If the price maintains above the 20-day EMA, the SOL/USDT pair could rally to the overhead resistance at $162. Buyers may find it difficult to overcome this obstacle. However, if the bulls bulldoze their way above $162, the pair may accelerate toward $205. This level is likely to act as a formidable resistance. On the downside, a break below the 20-day EMA could sink the pair to $126. #altcoins #BTC #bitcoinhalving #Memecoins

$SOL Solana price analysis.......🚀🚀🚀

Solana 

$153

 has been trading between $126 and $162 for several days, indicating indecision about the next directional move.

#SOL/USDT daily chart.

The flattish 20-day EMA ($146) and the RSI just above the midpoint suggest that the range-bound action may continue for some more time. If the price maintains above the 20-day EMA, the SOL/USDT pair could rally to the overhead resistance at $162. Buyers may find it difficult to overcome this obstacle.

However, if the bulls bulldoze their way above $162, the pair may accelerate toward $205. This level is likely to act as a formidable resistance. On the downside, a break below the 20-day EMA could sink the pair to $126.

#altcoins #BTC #bitcoinhalving #Memecoins

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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$DOGE price analysis............🚀🚀🚀 DOGE $0.16  recovery is facing selling at the 50-day SMA ($0.17), but a minor advantage in favor of the bulls is that they have not allowed the price to slip below the 20-day EMA ($0.15). #DOGE/USDT daily chart. If the price maintains above the 20-day EMA, the bulls will take another shot at the 50-day SMA. The repeated retest of a resistance level tends to weaken it. If this level is taken out, the DOGE/USDT pair could start a rally to $0.21. If bears want to prevent the upside move, they will have to quickly pull the price back below the 20-day EMA. If they do that, it will suggest that the bears remain active at higher levels. The pair may then drop to $0.12. #altcoins #BTC #bitcoinhalving #Memecoins
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$BTC Bitcoin price analysis...🚀🚀🚀 Bitcoin is taking support in the zone between the 50% Fibonacci retracement level of $58,017 and the 61.8% retracement level of $54,298. #BTC/USDT daily chart. The bulls pushed the price back above the breakdown level of $59,600 on May 3, indicating that the recent fall may have been a bear trap. However, the bears are unlikely to give up easily. They will try to stall the relief rally at the 20-day exponential moving average ($63,366) and then at the 50-day simple moving average ($66,151). If the price turns down from the moving averages, it will suggest that the sentiment remains negative and traders are selling on rallies. The bears will then make one more attempt to sink the BTC/USDT pair below $56,500. If they succeed, the pair may slump to $54,298. Conversely, a break above the 50-day SMA will suggest that the pair may extend its stay inside the range for some more time. #altcoins #BTC #BlackRock #CryptoWatchMay2024 $ETH $SOL
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