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$BTC Bitcoin price analysis.......📈📉
Bitcoin has been range-bound between $59,600 and $73,777 for several days, indicating indecision between the bulls and the bears about the next directional move.
#BTC/USDT daily chart.
Generally, in a range, traders buy near the support and sell close to the resistance. The bulls are expected to aggressively defend the $59,600 level as a break below it could deepen the correction to 61.8% Fibonacci retracement level of $54,298. Such a move will delay the start of the next leg of the uptrend.
Contrarily, if the price turns up from the current level or the $59,600 support, it will suggest that bulls remain active at lower levels. The BTC/USDT pair may jump to $67,250 and later to the overhead resistance of $73,777. A break and close above this level will signal the start of the next leg of the uptrend to $84,000.
BTC/USDT 4-hour chart.
The flattish moving averages and the RSI just below the midpoint suggest a balance between supply and demand. The first sign of strength will be a break and close above the downtrend line. That could clear the path for a rise to $68,000 and then to $71,500.
Alternatively, if the price turns down from the current level or the downtrend line and breaks below $62,300, it will suggest that bears are in command. The pair could then skid to the crucial support at $59,600, where buyers are likely to step in.
#BTC #Memecoins #bitcoinhalving #bitcoin
Bitcoin has been range-bound between $59,600 and $73,777 for several days, indicating indecision between the bulls and the bears about the next directional move.
#BTC/USDT daily chart.
Generally, in a range, traders buy near the support and sell close to the resistance. The bulls are expected to aggressively defend the $59,600 level as a break below it could deepen the correction to 61.8% Fibonacci retracement level of $54,298. Such a move will delay the start of the next leg of the uptrend.
Contrarily, if the price turns up from the current level or the $59,600 support, it will suggest that bulls remain active at lower levels. The BTC/USDT pair may jump to $67,250 and later to the overhead resistance of $73,777. A break and close above this level will signal the start of the next leg of the uptrend to $84,000.
BTC/USDT 4-hour chart.
The flattish moving averages and the RSI just below the midpoint suggest a balance between supply and demand. The first sign of strength will be a break and close above the downtrend line. That could clear the path for a rise to $68,000 and then to $71,500.
Alternatively, if the price turns down from the current level or the downtrend line and breaks below $62,300, it will suggest that bears are in command. The pair could then skid to the crucial support at $59,600, where buyers are likely to step in.
#BTC #Memecoins #bitcoinhalving #bitcoin
$NEAR Protocol price analysis.............📈📉
NEAR
$7.05
closed above the descending channel pattern on April 25, indicating that the downtrend could be ending.
#NEAR/USDT daily chart.
However, the bears have not given up and are selling near the immediate resistance at $7.70. If the price dips back into the channel, it will suggest that the breakout may have been a bull trap. That could pull the price down to $5.90.
Instead, if the price breaks above $7.70, it will suggest that the bulls are taking charge. The NEAR/USDT pair could then attempt a rally to $9., where the bears are likely to mount a strong defense.
NEAR/USDT 4-hour chart.
Both moving averages are sloping up, and the RSI is in the positive territory, indicating that the bulls have a slight advantage. Buyers are likely to face selling in the zone between $7.70 and $8.10, but if they bulldoze their way through, the rally could reach $9.
This optimistic view will be negated in the short term if the price turns down and breaks below $6.60. Such a move will indicate that the bears continue to sell on relief rallies. The pair may then slump to $5.90.
#bitcoinhalving #BullorBear #Memecoins #BTC
NEAR
$7.05
closed above the descending channel pattern on April 25, indicating that the downtrend could be ending.
#NEAR/USDT daily chart.
However, the bears have not given up and are selling near the immediate resistance at $7.70. If the price dips back into the channel, it will suggest that the breakout may have been a bull trap. That could pull the price down to $5.90.
Instead, if the price breaks above $7.70, it will suggest that the bulls are taking charge. The NEAR/USDT pair could then attempt a rally to $9., where the bears are likely to mount a strong defense.
NEAR/USDT 4-hour chart.
Both moving averages are sloping up, and the RSI is in the positive territory, indicating that the bulls have a slight advantage. Buyers are likely to face selling in the zone between $7.70 and $8.10, but if they bulldoze their way through, the rally could reach $9.
This optimistic view will be negated in the short term if the price turns down and breaks below $6.60. Such a move will indicate that the bears continue to sell on relief rallies. The pair may then slump to $5.90.
#bitcoinhalving #BullorBear #Memecoins #BTC
$AR Arweave price analysis.......📈📉
Arweave (AR) rose above both moving averages on April 25, signaling that the bulls are attempting a comeback.
#AR/USDT daily chart.
The bears tried to pull the price back, but the bulls purchased the dip to the 20-day EMA ($32.19) on April 27. This suggests a change in sentiment from selling on rallies to buying on dips. There is a minor resistance at $40, but if it is crossed, the AR/USDT pair could rally to the stiff overhead resistance of $47.52.
If bears want to prevent the rally, they will have to quickly tug the price back below the 20-day EMA. If they do that, the pair may tumble to $22.
AR/USDT 4-hour chart.
The pair shows the formation of an inverse head-and-shoulders pattern that will complete on a breakout and close above the neckline. If that happens, the pair is likely to dash toward the pattern target of $50.
On the contrary, if the price fails to maintain above the neckline, it will suggest that demand dries up at higher levels. The pair could then drop to the critical support at $30. A break below this level will tilt the advantage in favor of the bears.
#bitcoinhalving #BullorBear #Memecoins #BTC
Arweave (AR) rose above both moving averages on April 25, signaling that the bulls are attempting a comeback.
#AR/USDT daily chart.
The bears tried to pull the price back, but the bulls purchased the dip to the 20-day EMA ($32.19) on April 27. This suggests a change in sentiment from selling on rallies to buying on dips. There is a minor resistance at $40, but if it is crossed, the AR/USDT pair could rally to the stiff overhead resistance of $47.52.
If bears want to prevent the rally, they will have to quickly tug the price back below the 20-day EMA. If they do that, the pair may tumble to $22.
AR/USDT 4-hour chart.
The pair shows the formation of an inverse head-and-shoulders pattern that will complete on a breakout and close above the neckline. If that happens, the pair is likely to dash toward the pattern target of $50.
On the contrary, if the price fails to maintain above the neckline, it will suggest that demand dries up at higher levels. The pair could then drop to the critical support at $30. A break below this level will tilt the advantage in favor of the bears.
#bitcoinhalving #BullorBear #Memecoins #BTC
$BONK Bonk price analysis............📈📈📈
Bonk (BONK) climbed above the moving averages on April 23, signaling that the corrective phase may be ending.
#BONK/USDT daily chart.
The bears tried to yank the price below the moving averages, but the bulls held their ground. This suggests that the bulls are trying to flip the moving averages into support. If the price bounces off the current level and breaks above $0.000030, the BONK/USDT pair will complete an inverse H&S pattern. This bullish setup has a pattern target of $0.000048.
However, the bears are likely to have other plans. They will try to sink the price below the moving averages and gain the upper hand. If they succeed, the pair may descend to $0.000019 and then to $0.000015.
BONK/USDT 4-hour chart.
The 4-hour chart shows that the bulls are facing stiff resistance at $0.000030. The bears are trying to strengthen their position by pulling the price below the moving averages. If they manage to do that, the pair will complete a H&S pattern and drop toward $0.000019.
On the other hand, if the price turns up from the current level or the 50-day SMA, it will indicate that the bulls continue to buy on dips. A break and close above $0.000030 will be the first sign of strength. The pair may then jump to $0.000036.
#Memecoins #BONK🔥🔥 #bitcoinhalving #BTC
Bonk (BONK) climbed above the moving averages on April 23, signaling that the corrective phase may be ending.
#BONK/USDT daily chart.
The bears tried to yank the price below the moving averages, but the bulls held their ground. This suggests that the bulls are trying to flip the moving averages into support. If the price bounces off the current level and breaks above $0.000030, the BONK/USDT pair will complete an inverse H&S pattern. This bullish setup has a pattern target of $0.000048.
However, the bears are likely to have other plans. They will try to sink the price below the moving averages and gain the upper hand. If they succeed, the pair may descend to $0.000019 and then to $0.000015.
BONK/USDT 4-hour chart.
The 4-hour chart shows that the bulls are facing stiff resistance at $0.000030. The bears are trying to strengthen their position by pulling the price below the moving averages. If they manage to do that, the pair will complete a H&S pattern and drop toward $0.000019.
On the other hand, if the price turns up from the current level or the 50-day SMA, it will indicate that the bulls continue to buy on dips. A break and close above $0.000030 will be the first sign of strength. The pair may then jump to $0.000036.
#Memecoins #BONK🔥🔥 #bitcoinhalving #BTC
$SOL technical analysis....📈📉
What do you think about...?
#Solana #bitcoinhalving #Memecoins #BTC $BTC $ETH
What do you think about...?
#Solana #bitcoinhalving #Memecoins #BTC $BTC $ETH
$BTC Bitcoin price analysis..... 📈📈📈
Bitcoin has been trading below the moving averages for the past few days, but the bears are struggling to sink the price to the crucial support at $60,775. This suggests that selling dries up at lower levels.
#BTC/USDT daily chart.
The price is stuck between the 50-day simple moving average ($67,404) and the vital support at $60,775. The 20-day exponential moving average ($65,542) has started to turn down and the relative strength index (RSI) is just below the midpoint, indicating a minor advantage to the bears.
A break and close below $59,600 could open the doors for a drop to the 61.8% Fibonacci retracement level of $54,298.
This bearish view will be negated in the near term if the price rises above the 50-day SMA. The BTC/USDT pair may then climb to $73,777. This remains the key overhead resistance for the bulls to overcome.
#BTC #bitcoin #Memecoins #bitcoinhalving
Bitcoin has been trading below the moving averages for the past few days, but the bears are struggling to sink the price to the crucial support at $60,775. This suggests that selling dries up at lower levels.
#BTC/USDT daily chart.
The price is stuck between the 50-day simple moving average ($67,404) and the vital support at $60,775. The 20-day exponential moving average ($65,542) has started to turn down and the relative strength index (RSI) is just below the midpoint, indicating a minor advantage to the bears.
A break and close below $59,600 could open the doors for a drop to the 61.8% Fibonacci retracement level of $54,298.
This bearish view will be negated in the near term if the price rises above the 50-day SMA. The BTC/USDT pair may then climb to $73,777. This remains the key overhead resistance for the bulls to overcome.
#BTC #bitcoin #Memecoins #bitcoinhalving
$ETH Ether price analysis.......📈📈📈
Ether has been oscillating between the 20-day EMA ($3,209) and the horizontal support of $3,056 for the past few days.
#ETH/USDT daily chart.
This tight range trading is unlikely to continue for long. If the price pierces the 20-day EMA, the ETH/USDT pair could rise to the 50-day SMA ($3,436). This level may act as a short-term barrier, but it is likely to be crossed. The pair may then jump to $3,679.
Conversely, if the price turns down and breaks below $3,056, it will suggest that the bears are in command. The pair may then retest the critical support at $2,852. A Break below this level may result in a decline to $2,700.
#BTC #bitcoinhalving #Memecoins
Ether has been oscillating between the 20-day EMA ($3,209) and the horizontal support of $3,056 for the past few days.
#ETH/USDT daily chart.
This tight range trading is unlikely to continue for long. If the price pierces the 20-day EMA, the ETH/USDT pair could rise to the 50-day SMA ($3,436). This level may act as a short-term barrier, but it is likely to be crossed. The pair may then jump to $3,679.
Conversely, if the price turns down and breaks below $3,056, it will suggest that the bears are in command. The pair may then retest the critical support at $2,852. A Break below this level may result in a decline to $2,700.
#BTC #bitcoinhalving #Memecoins
$BNB price analysis..........📈📈📈
BNB
$602
has been struggling to reach the overhead resistance of $635, suggesting that the bears are defending the level with vigor.
#BNB/USDT daily chart.
However, a positive sign is that the bulls have not rushed to the exit. The price may pull back to the moving averages, where it is likely to find support. If the price rebounds off the moving averages with strength, it will enhance the possibility of a break above $635. If that happens, the BNB/USDT pair could surge to $692 and eventually to the pattern target of $775.
On the other hand, if the price slides below the moving averages, it will indicate that the range-bound action may extend for a few more days.
#bitcoinhalving #BTC #EthereumPower
BNB
$602
has been struggling to reach the overhead resistance of $635, suggesting that the bears are defending the level with vigor.
#BNB/USDT daily chart.
However, a positive sign is that the bulls have not rushed to the exit. The price may pull back to the moving averages, where it is likely to find support. If the price rebounds off the moving averages with strength, it will enhance the possibility of a break above $635. If that happens, the BNB/USDT pair could surge to $692 and eventually to the pattern target of $775.
On the other hand, if the price slides below the moving averages, it will indicate that the range-bound action may extend for a few more days.
#bitcoinhalving #BTC #EthereumPower
$SOL Solana price analysis...........📈📈📈
SOL
$143
turned down from the overhead resistance of $162 on April 24, indicating that the bears are active at higher levels.
#SOL/USDT daily chart.
The 20-day EMA ($153) is sloping down gradually, and the RSI is in the negative zone, indicating that the bears have the edge. The SOL/USDT pair could descend to the solid support at $126. If the price rebounds off this level with strength, it will indicate that the pair may remain sandwiched between $126 and $162 for a while longer.
The first sign of strength will be a break and close above the 50-day SMA ($168). That will open the doors for a possible rally to $205. Contrarily, a break below $126 could sink the pair to $100.
#BTC #Solana’ #bitcoinhalving #Memecoins
SOL
$143
turned down from the overhead resistance of $162 on April 24, indicating that the bears are active at higher levels.
#SOL/USDT daily chart.
The 20-day EMA ($153) is sloping down gradually, and the RSI is in the negative zone, indicating that the bears have the edge. The SOL/USDT pair could descend to the solid support at $126. If the price rebounds off this level with strength, it will indicate that the pair may remain sandwiched between $126 and $162 for a while longer.
The first sign of strength will be a break and close above the 50-day SMA ($168). That will open the doors for a possible rally to $205. Contrarily, a break below $126 could sink the pair to $100.
#BTC #Solana’ #bitcoinhalving #Memecoins
$XRP XRP price analysis..........📈📈📈
XRP
$0.53
is trading below the 20-day EMA (0.54) but the bulls are trying to find support at the uptrend line.
#XRP/USDT daily chart.
If the price bounces off the uptrend line and breaks above the 20-day EMA, it will suggest that the bears are losing their grip. The XRP/USDT pair could then attempt a rally to the 50-day SMA ($0.59) and subsequently to $0.69.
Contrary to this assumption, if the price continues lower and breaks below the uptrend line, it will suggest that the bears are in control. The pair may plunge to $0.46, where the bulls are expected to provide strong support.
#Memecoins #bitcoinhalving #BTC #BullorBear
XRP
$0.53
is trading below the 20-day EMA (0.54) but the bulls are trying to find support at the uptrend line.
#XRP/USDT daily chart.
If the price bounces off the uptrend line and breaks above the 20-day EMA, it will suggest that the bears are losing their grip. The XRP/USDT pair could then attempt a rally to the 50-day SMA ($0.59) and subsequently to $0.69.
Contrary to this assumption, if the price continues lower and breaks below the uptrend line, it will suggest that the bears are in control. The pair may plunge to $0.46, where the bulls are expected to provide strong support.
#Memecoins #bitcoinhalving #BTC #BullorBear
$DOGE Dogecoin price analysis.........📈📈📈
DOGE
$0.15
has formed a symmetrical triangle pattern, indicating indecision between the bulls and the bears.
#DOGE/USDT daily chart.
The downsloping 20-day EMA ($0.16) and the RSI in the negative zone suggest that the path of least resistance is to the downside. If the price skids and maintains below the triangle, the DOGE/USDT pair may tumble to $0.12.
On the contrary, if the price turns up from the current level and breaks above the triangle, it will signal aggressive buying on dips. That improves the prospects of a break above the downtrend line. The pair may then climb to $0.21.
#Memecoins #BTC #bitcoinhalving #BullorBear
DOGE
$0.15
has formed a symmetrical triangle pattern, indicating indecision between the bulls and the bears.
#DOGE/USDT daily chart.
The downsloping 20-day EMA ($0.16) and the RSI in the negative zone suggest that the path of least resistance is to the downside. If the price skids and maintains below the triangle, the DOGE/USDT pair may tumble to $0.12.
On the contrary, if the price turns up from the current level and breaks above the triangle, it will signal aggressive buying on dips. That improves the prospects of a break above the downtrend line. The pair may then climb to $0.21.
#Memecoins #BTC #bitcoinhalving #BullorBear
$ADA Cardano price analysis.......📈📈📈
ADA
$0.47
turned lower from the 20-day EMA ($0.50) on April 23 and reached the important support at $0.46.
#ADA/USDT daily chart.
If the price rebounds off the $0.46 level and rises above the 20-day EMA, it will suggest that the correction may be over. The ADA/USDT pair could then rally to the 50-day SMA ($0.59) and later to $0.68.
Instead, if the price continues lower and breaks below $0.46, it will indicate that the bears remain in charge. The pair could then slump to the crucial support at $0.40. A break below this level may resume the downtrend.
#Memecoins #BTC #bitcoinhalving #BullorBear
ADA
$0.47
turned lower from the 20-day EMA ($0.50) on April 23 and reached the important support at $0.46.
#ADA/USDT daily chart.
If the price rebounds off the $0.46 level and rises above the 20-day EMA, it will suggest that the correction may be over. The ADA/USDT pair could then rally to the 50-day SMA ($0.59) and later to $0.68.
Instead, if the price continues lower and breaks below $0.46, it will indicate that the bears remain in charge. The pair could then slump to the crucial support at $0.40. A break below this level may resume the downtrend.
#Memecoins #BTC #bitcoinhalving #BullorBear
$AVAX Avalanche price analysis........📈📈📈
AVAX
$34.89
turned down from the 20-day EMA ($39) on April 24, but the bears are finding it difficult to pull the price below the uptrend line.
#AVAX/USDT daily chart.
The bulls will have to push and maintain the price above the downtrend line to signal a potential short-term trend change. The AVAX/USDT pair could then attempt a rally toward the 50-day SMA ($47).
This optimistic view will be negated in the near term if the price continues lower and breaks below the uptrend line. That could sink the pair to the $32 to $27 support zone, where buyers are likely to step in.
#Memecoins #BTC #bitcoin #ScamRiskWarning
AVAX
$34.89
turned down from the 20-day EMA ($39) on April 24, but the bears are finding it difficult to pull the price below the uptrend line.
#AVAX/USDT daily chart.
The bulls will have to push and maintain the price above the downtrend line to signal a potential short-term trend change. The AVAX/USDT pair could then attempt a rally toward the 50-day SMA ($47).
This optimistic view will be negated in the near term if the price continues lower and breaks below the uptrend line. That could sink the pair to the $32 to $27 support zone, where buyers are likely to step in.
#Memecoins #BTC #bitcoin #ScamRiskWarning
$SHIB Shiba Inu price analysis.........🚀🚀🚀
SHIB
$0.000025
has been stuck between the moving averages for the past few days, indicating indecision between the bulls and the bears.
#SHIB/USDT daily chart. The flattish 20-day EMA ($0.000025) and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If the price breaks and maintains below the 20-day EMA, it will indicate that the bears have seized control. The SHIB/USDT pair may then slump to $0.000020.
Alternatively, if the price rises and breaks above the 50-day SMA ($0.000027), it will signal that the bulls have overpowered the bears. The pair may then attempt a rally to $0.000033.
#Memecoins #BTC #ScamRiskWarning
SHIB
$0.000025
has been stuck between the moving averages for the past few days, indicating indecision between the bulls and the bears.
#SHIB/USDT daily chart. The flattish 20-day EMA ($0.000025) and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If the price breaks and maintains below the 20-day EMA, it will indicate that the bears have seized control. The SHIB/USDT pair may then slump to $0.000020.
Alternatively, if the price rises and breaks above the 50-day SMA ($0.000027), it will signal that the bulls have overpowered the bears. The pair may then attempt a rally to $0.000033.
#Memecoins #BTC #ScamRiskWarning
$BTC price analysis
Bitcoin rose above the 20-day exponential moving average ($65,855) on April 22, but the bears stalled the recovery at the 50-day simple moving average ($67,509).
#BTC/USDT daily chart.
Both moving averages have flattened out, and the relative strength index (RSI) is just below the midpoint, indicating a balance between supply and demand. If the price sustains below the 20-day EMA, the BTC/USDT pair could slump to $60,775. Buyers are expected to defend this level as a break below it may clear the path for a collapse to the 61.8% Fibonacci retracement level of $54,298.
Contrarily, if the price turns up and breaks above the 50-day SMA, it will suggest that lower levels are attracting buyers. The pair may then climb to $73,777. Buyers will have to overcome this barrier to catapult the pair to $84,000.
#BinanceLaunchpool #bitcoinhalving #BullorBear #BTC
Bitcoin rose above the 20-day exponential moving average ($65,855) on April 22, but the bears stalled the recovery at the 50-day simple moving average ($67,509).
#BTC/USDT daily chart.
Both moving averages have flattened out, and the relative strength index (RSI) is just below the midpoint, indicating a balance between supply and demand. If the price sustains below the 20-day EMA, the BTC/USDT pair could slump to $60,775. Buyers are expected to defend this level as a break below it may clear the path for a collapse to the 61.8% Fibonacci retracement level of $54,298.
Contrarily, if the price turns up and breaks above the 50-day SMA, it will suggest that lower levels are attracting buyers. The pair may then climb to $73,777. Buyers will have to overcome this barrier to catapult the pair to $84,000.
#BinanceLaunchpool #bitcoinhalving #BullorBear #BTC
$ETH price analysis.....🚀🚀🚀
Ether
$3,163
tried to break above the 20-day EMA ($3,237) on April 24, but the long wick on the candlestick shows that the bears are not relenting. #ETH/USDT daily chart.
If the price maintains below the 20-day EMA, the ETH/USDT pair risks a breakdown below $3,056. If that happens, the pair may retest the critical support at $2,852. This is a vital support to watch out for because a break below it may sink the pair to $2,700.
If the price turns up from the current level or $3,056 and breaks above the 20-day EMA, it will suggest that the selling pressure is reducing. That could push the pair to the 50-day SMA ($3,466) and then to $3,679.
#BinanceLaunchpool #bitcoinhalving #BullorBear #BTC
Ether
$3,163
tried to break above the 20-day EMA ($3,237) on April 24, but the long wick on the candlestick shows that the bears are not relenting. #ETH/USDT daily chart.
If the price maintains below the 20-day EMA, the ETH/USDT pair risks a breakdown below $3,056. If that happens, the pair may retest the critical support at $2,852. This is a vital support to watch out for because a break below it may sink the pair to $2,700.
If the price turns up from the current level or $3,056 and breaks above the 20-day EMA, it will suggest that the selling pressure is reducing. That could push the pair to the 50-day SMA ($3,466) and then to $3,679.
#BinanceLaunchpool #bitcoinhalving #BullorBear #BTC
$BNB price analysis....🚀🚀🚀
BNB
$606
has been gradually moving toward $635 where the bulls are expected to face strong selling by the bears. #BNB/USDT daily chart.
If the price turns down sharply from $635, it will suggest that the BNB/USDT pair may extend its stay inside the range for some more time. The pair could drop to the moving averages and thereafter to $495.
If buyers want to seize control, they will have to overcome the obstacle at $635. If they do that, it will suggest the start of the next leg of the uptrend to $692 and eventually to the pattern target of $775.
#BinanceLaunchpool #bitcoinhalving #Memecoins #BTC
BNB
$606
has been gradually moving toward $635 where the bulls are expected to face strong selling by the bears. #BNB/USDT daily chart.
If the price turns down sharply from $635, it will suggest that the BNB/USDT pair may extend its stay inside the range for some more time. The pair could drop to the moving averages and thereafter to $495.
If buyers want to seize control, they will have to overcome the obstacle at $635. If they do that, it will suggest the start of the next leg of the uptrend to $692 and eventually to the pattern target of $775.
#BinanceLaunchpool #bitcoinhalving #Memecoins #BTC
$SOL price analysis
Solana
$148
has reached the overhead level of $162, where the bulls are likely to encounter strong resistance from the bears. #SOL/USDT daily chart.
If the price turns down sharply from $162, it will suggest that the bears are fiercely defending the level. That could keep the SOL/USDT pair stuck between $162 and $126 for a few more days.
Alternatively, if the price breaks above $162, it will suggest that the correction may be over. The bullish momentum could pick up, and the pair may attempt a rally to $205. On the downside, a break below $126 could start a new downtrend to $100.
#BinanceLaunchpool #bitcoinhalving #Memecoins #BTC
Solana
$148
has reached the overhead level of $162, where the bulls are likely to encounter strong resistance from the bears. #SOL/USDT daily chart.
If the price turns down sharply from $162, it will suggest that the bears are fiercely defending the level. That could keep the SOL/USDT pair stuck between $162 and $126 for a few more days.
Alternatively, if the price breaks above $162, it will suggest that the correction may be over. The bullish momentum could pick up, and the pair may attempt a rally to $205. On the downside, a break below $126 could start a new downtrend to $100.
#BinanceLaunchpool #bitcoinhalving #Memecoins #BTC
$XRP price analysis....🚀🚀🚀
XRP
$0.53
rose above the 20-day EMA ($0.54) on April 22, but the bulls could not sustain the higher levels. #XRP/USDT daily chart.
The price turned down sharply and broke below the 20-day EMA on April 24, suggesting that the bears are active at higher levels. The XRP/USDT pair could drop to $0.50 and subsequently to the solid support at $0.46.
If buyers want to gain the upper hand, they will have to push the price back above the 20-day EMA. That will increase the likelihood of the pair remaining inside the large range between $0.46 and $0.74 for some more time.
#bitcoinhalving #BinanceLaunchpool #Memecoins #BTC
XRP
$0.53
rose above the 20-day EMA ($0.54) on April 22, but the bulls could not sustain the higher levels. #XRP/USDT daily chart.
The price turned down sharply and broke below the 20-day EMA on April 24, suggesting that the bears are active at higher levels. The XRP/USDT pair could drop to $0.50 and subsequently to the solid support at $0.46.
If buyers want to gain the upper hand, they will have to push the price back above the 20-day EMA. That will increase the likelihood of the pair remaining inside the large range between $0.46 and $0.74 for some more time.
#bitcoinhalving #BinanceLaunchpool #Memecoins #BTC
$DOGE price analysis....🚀🚀🚀
DOGE
$0.15
has been trading near the 20-day EMA ($0.16) for the past few days, indicating a tough battle between the bulls and the bears. #DOGE/USDT daily chart.
The bulls are finding it difficult to propel the price above the overhead resistance zone between the 20-day EMA and the downtrend line. If the price continues lower, the bears will again try to sink the DOGE/USDT pair to $0.13.
On the contrary, if bulls shove the price above the overhead zone, it will signal that the correction may be over. The pair could then attempt a rally to $0.21, where the bears may pose a substantial challenge.
#BinanceLaunchpool #bitcoinhalving #BTC
DOGE
$0.15
has been trading near the 20-day EMA ($0.16) for the past few days, indicating a tough battle between the bulls and the bears. #DOGE/USDT daily chart.
The bulls are finding it difficult to propel the price above the overhead resistance zone between the 20-day EMA and the downtrend line. If the price continues lower, the bears will again try to sink the DOGE/USDT pair to $0.13.
On the contrary, if bulls shove the price above the overhead zone, it will signal that the correction may be over. The pair could then attempt a rally to $0.21, where the bears may pose a substantial challenge.
#BinanceLaunchpool #bitcoinhalving #BTC
