Trend: $XRP is trading between $2.23 and $2.25, showing stable movement. A break above $2.56 could aim for $2.84, while dropping below $2.1 might lead to testing the $1.98 support.
Trend: $BNB is nearing the psychological resistance of $680. A breakout could lead to new highs above $720, with a target of $750 in the coming weeks. Failure to hold support at $630 could see BNB retrace toward $620.
Trend: $ETH has declined over 29% in the past week, approaching resistance at $3,628. The RSI is around 65, nearing overbought territory, which may signal a potential pause in the rally.
Trend: $SOL is trading between $182.03. A move to $262.09 would be an increase of about 38%% from the current average price. If SOL breaks through this resistance, it could target $279.00, offering a potential gain of over 43%.
$USUAL WILL DECLINE TO $0.80 AS IT GOING DOWN: Usual ($USUAL ) shows a decrease, with a current price of around $1.17, down by 22.8% from its previous close. While it's difficult to predict an exact price level, a decline to $0.80 would require a significant shift in market sentiment, unless there are adverse developments like regulatory issues, negative project news, or a broader market downturn.
If the selling pressure continues, it could potentially test lower levels, but the current support seems to be around $1.00–$1.10. $0.80 might be a stretch unless there is major negative momentum.
Historically, higher interest rates have driven down valuations for growth stocks and cryptocurrencies alike, echoing trends seen in 2022. The current crypto rally, which began following election speculation about crypto-friendly policies, is likely losing steam.
In summary, Jamie Coutts believes the crypto crash is due to shrinking global liquidity, caused by central banks reducing their balance sheets and the money supply (M2), which makes it harder for Bitcoin and other risk assets to thrive.
Zilliqa ($ZIL ) targets $0.025, supported at $0.018. Harmony ($ONE ) could reach $0.030 with support at $0.025, while Theta ($THETA ) aims for $2.20, supported around $2.0.
Synthetix ($SNX ) aiming for $2.50, supported at $1.70, while Chain ($XCN) targets $0.12 with key support at $0.09. PancakeSwap ($CAKE ) could reach $3, with support at $2.10, and Elrond ($EGLD ) looks to break $40, supported at $30.
Hedera ($HBAR ) targets $0.32, with support at $0.21, and Avalanche ($AVAX ) could hit $45, supported around $32. Frax ($FRAX) aims for $2.80, with support at $2.50, and Zilliqa ($ZIL ) targets $0.25, supported at $0.18.
Decentraland ($MANA ) could target $0.58, supported at $0.40. Aave ($AAVE ) could rise toward $350, with support at $275, and Maker ($MKR ) is targeting $1,900, supported around $1,400.
Algorand ($ALGO ) has potential to rise to $0.40, with support at $0.31, while The Graph ($GRT ) may reach $0.30, supported at $0.17. Chiliz ($CHZ ) is aiming for $0.10, with support near $0.075.
Helium ($HNT) aiming for $5.50, supported at $4.80, while Fantom ($FTM ) could hit $1.17, with a support level at $0.94. Tezos ($XTZ ) is targeting $1.30, with support around $1, and Kusama ($KSM ) looks to break $36, with support at $25.