$XAI Descending Channel Breakout in 1D Timeframe✅ Expectin | Trisha Saha en Binance Square

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$XAI  Descending Channel Breakout in 1D Timeframe✅
Expecting 100-150% Bullish Wave🔥
#XAI 

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$ETH 1D Price Analysis 🚀 analyzing the #ETH/USDT daily chart, Ethereum is currently trading at 3,434.56, showing strong upward momentum after breaking out of a descending trendline. This breakout indicates a potential reversal in the medium-term trend, favoring buyers. Key Levels: Resistance 1 (R1): 3,565.20 Resistance 2 (R2): 4,093.92 Support 1 (S1): 2,737.17 Support 2 (S2): 2,472.28 Support 3 (S3): 2,101.09 Ethereum is currently approaching R1, a critical resistance level. A decisive breakout above this level could pave the way for a retest of R2, aligning with the previous high near 4,093.92. On the downside, S1 and S2 serve as crucial support levels, where the price may consolidate or find buying interest if a pullback occurs. Indicators: The MACD (12, 26) shows bullish momentum, with the MACD line comfortably above the signal line and a positive histogram. This suggests growing buying pressure and supports the continuation of the upward trend. The RSI (14) is at 65.70, approaching overbought territory but still within a healthy range. This indicates room for further upward movement, though caution is warranted as overbought conditions may soon emerge, potentially leading to a short-term pullback or consolidation. Trend Analysis: The breakout from the descending trendline is a significant bullish signal. Furthermore, the price continues to respect the ascending support trendline near S1, maintaining a higher low structure that reinforces the bullish sentiment. If Ethereum sustains its position above S1 and breaks through R1, it could signal the continuation of the medium-term uptrend. Conclusion: My outlook for #ETH/USDT remains bullish as long as the price respects the ascending trendline and holds above S1. A breakout above R1 would confirm the continuation of the upward trend, with R2 as the next target. Conversely, a rejection at R1 or a loss of S1 could result in a retracement toward S2 or S3. I will monitor the price action and momentum indicators closely to adapt to any shifts in market dynamics.

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$FTM 1D Price Analysis 🚀 As I analyze the #FTM/USDT daily chart, Fantom is currently trading at 0.8860, showing strong upward momentum after breaking out of a descending channel pattern. This breakout signals a shift in market sentiment, favoring the bulls, as the price targets key resistance levels. The first significant resistance level is R1 (0.9817). A breakout above this level could pave the way for further bullish movement toward R2 (1.2426), which represents a key psychological and technical barrier. However, failure to break R1 might result in a pullback or consolidation, with potential support levels below. On the downside, immediate support is at S1 (0.5124), which coincides with the ascending trendline formed by recent higher lows. Below this, S2 (0.3700) serves as a critical level to maintain the overall bullish structure. A breakdown below these supports could shift the market sentiment back to bearish. The MACD (12, 26) indicator shows a bullish crossover, with the MACD line above the signal line and positive histogram bars expanding. This indicates growing bullish momentum. Meanwhile, the RSI (14) is at 54.32, suggesting that there is room for further upward movement before the price enters overbought territory. The breakout from the descending channel has confirmed a bullish bias, with the ascending trendline acting as a dynamic support level. If FTM can sustain its momentum and break above R1, the price could enter a more significant rally phase, targeting R2 and beyond. In conclusion, my outlook for #FTM/USDT remains bullish as long as the price respects the ascending trendline and holds above S1. The focus will be on the price action around R1 to determine whether a breakout or rejection occurs. A breakout above R1 would confirm the continuation of the uptrend, while a rejection could result in a retracement toward support levels. I will monitor these key levels closely to adjust my strategy accordingly.

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$SHIB 1D Price Analysis 🚀 As I analyze the #SHIB/USDT daily chart, I observe that the price is trading around 0.00002593, reflecting a consolidation phase after a breakout from a symmetrical triangle pattern. This breakout indicates bullish momentum, though the price is now approaching critical resistance and support levels. The immediate resistance is at R1 (0.00003304). A breakout above R1 could signal the continuation of the upward trend, potentially targeting the high of 0.00004567. On the downside, the closest support is at S1 (0.00002023), with deeper support at S2 (0.00001095). These levels align with the rising trendline, indicating that as long as S1 holds, the bullish structure remains intact. The MACD (12, 26) indicator currently shows a neutral stance, with the MACD line near the signal line and minimal histogram activity. This suggests that momentum is neither strongly bullish nor bearish at this moment. On the other hand, the RSI (14) is at 66.26, indicating that the price is approaching overbought territory. While this highlights strong buying pressure, it also suggests the possibility of a short-term pullback or consolidation. If SHIB breaks above R1 with strong volume, it could confirm further bullish momentum toward R2 and potentially the high of 0.00004567. Conversely, if the price faces rejection at R1, it could retrace toward S1 or S2, where buyers might look for re-entry opportunities. In conclusion, my outlook for #SHIB/USDT is cautiously optimistic. The key focus remains on the price action around R1. A decisive breakout would signal the continuation of the bullish trend, while a rejection could result in a pullback to key support levels. I will monitor momentum indicators and volume closely to adapt to any changes in market dynamics.

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$C98 1D Price Analysis 🚀 As I analyze the #C98/USDT daily chart, I notice that the price is currently trading at 0.1621, showing signs of a steady recovery after a prolonged downtrend. The price is following an ascending trendline, which indicates sustained bullish momentum in the short to medium term. The first key resistance is at R1 (0.1876). A breakout above this level would signal a continuation of the bullish trend, with the next major resistance zones at R2 (0.2402) and R3 (near 0.3000), where sellers may re-enter the market. On the downside, immediate support is at S1 (0.1361), which aligns with the ascending trendline. A break below S1 could lead to a deeper correction toward S2 (0.0900), a critical level for maintaining the bullish structure. The MACD (12, 26) indicator shows a positive signal, with the MACD line above the signal line, indicating growing bullish momentum. However, the histogram is flattening, suggesting a potential slowdown in momentum. The RSI (14) is at 58.79, sitting comfortably in neutral territory, which indicates that there is room for further upward movement before the price enters overbought conditions. If C98 continues to respect the ascending trendline and breaks above R1, it is likely to challenge R2 and potentially R3. However, if the price fails to break through R1 and loses support at S1, it could lead to a retracement toward S2, where the price might consolidate before making another attempt to move higher. In conclusion, my outlook for #C98/USDT remains cautiously bullish. The focus is on whether the price can sustain above S1 and break through R1 to confirm a continuation of the upward trend. I remain attentive to the behavior at key levels, particularly around R1 and S1, to adapt my strategy as the market evolves. 🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸 Binance Square Family...❤️‍🔥❤️‍🔥 I hope this analysis has been helpful to you.

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📈LONG: $LSK (1D) #LSKUSDT | #LSK | #Lisk Current Price $1.14 Market Cap $185.48M Change 1h -2.09% | 24h +3.72% Daily Indicators: • RSI: 71 - Overbought 🟢 • MACD: 0.07 - Bullish 🟢 • EMA: 0.94 - Above 🟢 Analysis: LSKUSDT is showing signs of life at a current price of $1.090. After a long consolidation phase, it has broken out, indicating a bullish momentum. The key levels are in play, with immediate resistance around $1.189. Price Targets: If upward momentum persists, watch for a push towards $1.573. If it dips, look for support around $0.647. Keep an eye on these levels for potential trade setups! 🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸 Binance Square Family...❤️‍🔥❤️‍🔥 I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help. I appreciate your support!

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