$RENDER /USDT is currently one of the strongest altcoins to consider adding to your spot portfolio. The price is trading within an ascending triangle pattern, which is a bullish continuation setup.
has been consistently forming higher lows while holding strong above the key support zone (marked in grey) and the upward trendline.
$HBAR /USDT is currently trading within a bull flag pattern and approaching the apex. A potential bullish breakout may be on the horizon.
The price has faced multiple rejections from the descending trendline but has consistently found strong support at the lower support zone. Keep an eye on the price action for a possible upward move.
$OM /USDT is showing strong bullish momentum after breaking out from the descending trendline, indicated by the red line. The price has recently made a sharp upward move and is currently trading above the support trendline, which suggests that the uptrend could continue.
The price consolidated within the grey zone for a while, and after breaking above this, it surged higher, pointing to strong buying interest. The recent breakout indicates that we could see further upward movement toward the next resistance levels.
The next potential target for OM/USDT is around the $5.00 level, with support from the trendline and previous breakout zones providing a solid base for the rally.
$BNB is currently trading above a key support zone and the rising trendline.
It is just below its all-time high (ATH) levels, and we are anticipating the possibility of a new ATH from the current levels. Keep a close watch for further bullish momentum.
$LINK /USDT has broken above the resistance trendline and is now facing minor resistance around the $23 level. If the price breaks and successfully closes above this marked zone, we could see a potential upside surge.
Accumulate $XVG at the current level and at lower levels as well.
Analysis: The price is attempting a breakout from the symmetrical triangle. A successful breakout above the resistance trendline could trigger a strong upward move toward the target zone. Ensure proper risk management with a calculated position size, as leverage increases potential risks and rewards.
$TON /USDT has broken above the falling trendline and is currently in the process of retesting the breakout levels. On the upside, TON faces a minor resistance zone between $7.7 and $7.8.
We anticipate that TON will break through this resistance and move toward the target of $8.4 and beyond.
$ZEN /USDT is moving like wildfire! Jumping straight into the trade might be risky, so it’s advisable to wait for a small correction or a pause in price action before entering. Alternatively, you could go long with a very small quantity to minimize risk.
Patience will help minimize risk and secure a better position.
$ATH/USDT is currently trading within a wide sideways zone. The price is moving upward, supported by a rising trendline marked in black, and consistently forming higher lows.
As an AI-driven coin with strong fundamentals, it’s worth adding to your watchlist.
$HBAR /USDT is currently trading within a bull flag pattern and approaching the apex. A potential bullish breakout may be on the horizon.
The price has faced multiple rejections from the descending trendline but has consistently found strong support at the lower support zone. Keep an eye on the price action for a possible upward move.
$BTC dominance (BTC.D) is currently trading at a critical confluence zone, where the support of a rising channel intersects with a horizontal support level.
Many investors are closely watching this area for clarity on the next directional move. If the marked red zone (area of confluence) is broken, we could witness another leg of altseason as BTC.D trends lower.
USDT.D has repeatedly bounced off the marked red support zone, a strong Fibonacci level at 0.5. This support has been tested multiple times, and based on my experience, I anticipate USDT.D may break below this zone. If it does, it could trigger a bullish rally in altcoins.
I believe this is the final shakeout phase, so stay strong and focus on accumulating fundamentally solid coins.
Remember to maintain discipline and practice strong money management.
We are analyzing $BTC /USD weekly chart where the price is holding strong support above the rising trendline, marked in blue.
First Scenario: After breaking out of the resistance trendline, the price rallied by 135%, as shown in the first green box. Notably, there was a small accumulation phase in the red-marked zone before the breakout.
Second Scenario: Currently, the price is steadily moving upward, forming another small accumulation zone within the red-marked area. This pattern suggests a potential continuation of the bullish trend.
Outlook: Based on these observations, the price could potentially rise an additional 50% from current levels. The Stochastic RSI supports this view, aligning well with the momentum seen in both scenarios.
Conclusion: The strong trendline support, recurring accumulation zones, and favorable momentum indicators point to further upside potential.