ICP is currently trading at $6.62, approaching a key Fibonacci re-correction zone, making it a potential buy opportunity for the next bullish cycle. 📊🔥
Price is currently retesting the 0.786 Fibonacci retracement, a strong demand zone.
Holding this level could trigger a reversal towards key upside targets.
SOLANA (SOL) - Major Support Test Before a Potential Rally!
#Solana (#SOL) has dropped 24%, currently trading at $142.71, and is approaching a key support level at $120. This level has acted as a strong demand zone in the past and could trigger a major bounce. 📉🔥
📌 Entry: Around $120 - $130 📌 Stop-Loss: Below $110 (to limit downside risk) 📌 Take Profit Targets:
PENGU is expected to make a shift in the bearish trend it had since the 6th of Jan. Passing $0.0096 would confirm so. Breaking $0.0076 signals further decline, likely leading to a final dip before completing the bearish motive wave and rebounding strongly.
OT If the price holds the current support, we could see another leg up towards $8.3 - $11.6, similar to past price movements.
If the support breaks clearly, further downside could be expected, but so far, the bullish scenario remains dominant.
🔹 Conclusion: We are closely monitoring the $3.562 support level. If strong reversal signals appear, this could be an ideal buying opportunity, aiming for another rally like the previous ones! 🎯🚀
"Analyzing the BNBBTC weekly timeframe and the current market structure, I anticipate that BNB will outperform Bitcoin by a factor of two. In other words, if Bitcoin rallies 50%, we could see BNB doubling in value. Do you think BNB is positioned to reach $1,000?"
"In the weekly timeframe, the price is at a bottom and has shown a positive reaction. Considering the current conditions of Bitcoin and Ethereum—especially Ethereum, which has had a significant drop and is now at strong support—I believe this Symbol has strong potential for a substantial upward move. My price target, based on liquidity above key highs, is over $20."
WIF price has experienced lower lows and lower highs but the momentum indicators pointing higher despite the prices drops.
Today it's challenging the first descending trendline, with a swift move up to 0.67. A follow-through could see a swift move towards the upper trendline at 0.86
The big test will be breaking through the upper descending trendline, a break above would be extremely bullish for WIF with significant upside potential from current leve
A lot of data is now available on the rising pattern of ROSE. It appears that a large triangle has been completed, which was our wave B.
With the break of the B-D trendline, the triangle is now finished, and we are currently in wave C. Wave C is bearish and should take more time than the large wave A.
ROSE is expected to remain bearish for the next few months, but keep in mind that before the drop, it may pull back to the multi-week supply zone.
The Rune and the Thorchain have good economics behind the project. The Validators get nice compensation for their work.
All the team needs to do is: 1. Make sure that the network is safe 2. Borrow long-term money to cover the financial hole 3. Enjoy the business
Now, the price is at the lowest level since the introduction of the Rune. It is a good opportunity to take a position and enjoy the flight. The Rune is going to be $4 pretty soon if the abo
SOL/USDT 30-Minute Chart Analysis: Bearish Rejection and Potent🚀💥🔥
$SOL
This is a 30-minute SOL/USDT chart from Binance, showing a potential bearish setup based on price action analysis. Below is a breakdown of the chart:
Key Observations: Resistance Zone (Red Box at the Top)
The price has tested this level multiple times but failed to break above it, indicating strong resistance. This rejection suggests sellers are in control at this level. Support Level (Red Line in the Middle - Around $138)
That was the bottom for ether. If we get another pullback at 2140$ it would be great . Looking for Npoc levels at the resistance , i think ether will break ATHs and be the leader of this bull run.
Support Zone: 2.036 Resistance Levels: 4.000 (Bearish Order Block), 5.000 Entry: After a breakout above the descending trendline Take Profit (TP): 4.000, 5.000 Stop-Loss (SL): Below 2.800