Looking at the $POL chart, some things stands out:
Support levels: The price is hanging out near a significant support level at around $0.39. This level has been tested before, and it seems to be holding up, which shows buyers are stepping in around here. If it breaks below, the next level of interest is around $0.35.
Volume: The recent price action shows some decent spikes in volume, especially near the key levels. That indicates people are actively trading here probably a mix of longs defending the level and shorts testing it.
Structure: While the price has been in a downtrend since the peak in December, it seems to be stabilizing in this area. If this support holds, we could see a reversal or at least a bounce.
Bullish case: If the price starts bouncing off this support with higher lows and increasing volume, that could signal a shift in momentum. Ideally, breaking above $0.45 would give a stronger bullish confirmation.
Bearish risk: If the support fails at $0.39, there’s not much stopping it from sliding to $0.35.
The new year #微策略持续增持BTC begins, will it be the same as last year, sucking the blood of imitation back and forth? What happened to the promised takeoff of popular tracks? Which sectors will truly explode?
On the first day of the New Year, Taco wishes everyone a Happy New Year! May you have good health, may everything go smoothly in your life, may you rise in your work, may you have great fortune in the Year of the Snake, and in this new year, Taco will walk with you.
Bitcoin seems to have stabilized around the support level of 101,000, and is turning upwards, entering a severely oversold trend, with a rebound just around the corner. The resistance above is around 102,500, and further up, the resistance goes to approximately 106,500.
Ethereum seems to have stabilized around the support level of 3,090, and follows a similar trend to Bitcoin, also turning upwards. However, Ethereum is weaker than Bitcoin, with resistance above at around 3,270 and support at around 3,090. During the market recovery process, there is still a possibility of spike fluctuations.
In the upcoming Ethereum upgrade, the market will be speculated in advance, just be patient and wait. On the first day of the New Year, everyone should keep the idea of becoming rich in their minds.
$XRP 🚀, created by Ripple Labs, is designed for efficient, cost-effective international transfers. It operates on the XRP Ledger, which uses a consensus protocol instead of mining. ❤️ 🧧With a total supply of 🧧100 billion tokens, around 57.6 billion are currently circulating. XRP's price has been volatile, influenced by legal challenges, particularly from the SEC, and its utility is seen in partnerships with financial institutions for cross-border payments, though regulatory environments continue to shape its adoption.
A person with important and useful advice, endowed with human character and most importantly, trustworthy. Subscribe, like, stay informed, see for yourself))) Thank you brother💛🖤💛
$BTC Happy New Year, starting with waking up to collect money In yesterday's technical post, I shared the operational skills of entering a position after a breakdown and a pullback with real market examples. The viewpoint for the morning session is that the pressure at 10.4 can continue to short, and the technical teaching combined with real market examples can once again make a pullback with the resonance points of the channel and pressure. It is never the technology that is useless, but the people, Teaching without real market explanation can never be fully understood.
On the first day of the Lunar New Year #微策略持续增持BTC , the cryptocurrency market is also experiencing a good start. Bitcoin has risen from the bottom and is still at a high position, while many altcoins continue to test new lows. In this wave, everyone’s operations may need to focus more on mainstream coins. If there is a subsequent dip, we should not focus on bottom-fishing altcoins, but rather strategically lower the average price. It is essential to replenish mainstream coins, as they are relatively much more comfortable.
Gm xai I cried a lot! How did it drop so much? I returned the Land Rover I got!!!! $XAI But it doesn't affect our New Year! Wishing everyone prosperity in the new year!
#微策略持续增持BTC In a foreign land, I meet an old friend. After a long drought, I finally encounter sweet dew. The altcoins in the crypto world have suffered from a long drought without water. The water in the crypto world flows from Bitcoin to inscriptions, and then from inscriptions back to Bitcoin. There might be a slight overflow to Ai and MeMe Coin, but it has never overflowed to mainstream coins $ETH $BNB . Without water, mainstream coins cannot thrive, and the altcoins will collectively suffer from drought. If Bitcoin continues to adjust downward, the days of altcoins will be difficult to sustain.
New Year's Day 2025 Hunter will issue 10,000 ETH red envelopes 🧧 For the brothers ㊗️ Wishing everyone in 2025 Smooth sailing all the way Prosperity all the way
#红包 🧧 The first package of the New Year, Lao Ai will send one every day It’s 12 o’clock to welcome the God of Wealth, I wish my friends peace and safety every year.