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BITCOIN PRICE STARTS DOWNSIDE CORRECTION
Bitcoin price remained stable above the $66,500 level. BTC extended its increase above the $67,200 and $67,500 resistance levels. It traded to a new weekly high at $67,984 and recently started a downside correction.
There was a move below the $67,000 support zone. Besides, there was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair. The pair even dipped below the $66,500 support zone.
Bitcoin price is now trading below $67,000 and the 100 hourly Simple moving average. A low was formed at $65,922 and the price is now attempting a fresh increase.
There was a move above the $66,200 level. The price climbed above the 23.6% Fib retracement level of the downside correction from the $67,984 swing high to the $65,922 low. The price is now facing resistance near the $66,500 level and the 100 hourly Simple moving average.
The first major resistance could be $66,950. It is near the 50% Fib retracement level of the downside correction from the $67,984 swing high to the $65,922 low. The next key resistance could be $67,500. A clear move above the $67,500 resistance might send the price higher. In the stated case, the price could rise and test the $68,000 resistance.
If the bulls remain in action, the price could rise toward the $68,800 resistance zone. Any more gains might send BTC toward the $70,000 barrier.
ANOTHER Decline In BTC?
If Bitcoin fails to climb above the $66,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $66,000 level and the trend line.
The first major support is $65,500. The main support is now forming near $64,500. Any more losses might send the price toward the $63,150 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $65,900, followed by $65,500.
Major Resistance Levels – $66,500, $67,000, and $67,500.#ETHETFS #BTC #MicroStrategy #MicroStrategy #write2Earn
There was a move below the $67,000 support zone. Besides, there was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair. The pair even dipped below the $66,500 support zone.
Bitcoin price is now trading below $67,000 and the 100 hourly Simple moving average. A low was formed at $65,922 and the price is now attempting a fresh increase.
There was a move above the $66,200 level. The price climbed above the 23.6% Fib retracement level of the downside correction from the $67,984 swing high to the $65,922 low. The price is now facing resistance near the $66,500 level and the 100 hourly Simple moving average.
The first major resistance could be $66,950. It is near the 50% Fib retracement level of the downside correction from the $67,984 swing high to the $65,922 low. The next key resistance could be $67,500. A clear move above the $67,500 resistance might send the price higher. In the stated case, the price could rise and test the $68,000 resistance.
If the bulls remain in action, the price could rise toward the $68,800 resistance zone. Any more gains might send BTC toward the $70,000 barrier.
ANOTHER Decline In BTC?
If Bitcoin fails to climb above the $66,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $66,000 level and the trend line.
The first major support is $65,500. The main support is now forming near $64,500. Any more losses might send the price toward the $63,150 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $65,900, followed by $65,500.
Major Resistance Levels – $66,500, $67,000, and $67,500.#ETHETFS #BTC #MicroStrategy #MicroStrategy #write2Earn
ETHEREUM PRICE HOLDS GROUND
Ethereum price gained pace after it settled above the $3,000 level, like Bitcoin. ETH even cleared the $3,050 level before the bears appeared near $3,150. A new weekly high was formed at $3,144 and the price recently started a downside correction.
There was a move below the $3,100 level. Ether dipped below the 23.6% Fib retracement level of the upward move from the $2,927 swing low to the $3,144 high.
Ethereum is now trading above $3,000 and the 100-hourly Simple Moving Average. The bulls are active near the $3,065 support and they are protecting the 50% Fib retracement level of the upward move from the $2,927 swing low to the $3,144 high.
Immediate resistance is near the $3,080 level. There is also a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD. The first major resistance is near the $3,150 level. An upside break above the $3,150 resistance might send the price higher.
The next key resistance sits at $3,200, above which the price might gain traction and rise toward the $3,250 level. If there is a clear move above the $3,250 level, the price might rise and test the $3,320 resistance. Any more gains could send Ether toward the $3,500 resistance zone.
MORE LOSSES IN ETH?
If Ethereum fails to clear the $3,080 resistance and the trend line, it could continue to move down. Initial support on the downside is near the $3,065 level.
The next major support is near the $3,000 zone. A clear move below the $3,000 support might push the price toward $2,980. Any more losses might send the price toward the $2,860 level in the near term.
Technical Indicators...
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 level.
Major Support Level – $3,000
Major Resistance Level – $3,080#ETHETFS #MicroStrategy #write2Earn
Ethereum price gained pace after it settled above the $3,000 level, like Bitcoin. ETH even cleared the $3,050 level before the bears appeared near $3,150. A new weekly high was formed at $3,144 and the price recently started a downside correction.
There was a move below the $3,100 level. Ether dipped below the 23.6% Fib retracement level of the upward move from the $2,927 swing low to the $3,144 high.
Ethereum is now trading above $3,000 and the 100-hourly Simple Moving Average. The bulls are active near the $3,065 support and they are protecting the 50% Fib retracement level of the upward move from the $2,927 swing low to the $3,144 high.
Immediate resistance is near the $3,080 level. There is also a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD. The first major resistance is near the $3,150 level. An upside break above the $3,150 resistance might send the price higher.
The next key resistance sits at $3,200, above which the price might gain traction and rise toward the $3,250 level. If there is a clear move above the $3,250 level, the price might rise and test the $3,320 resistance. Any more gains could send Ether toward the $3,500 resistance zone.
MORE LOSSES IN ETH?
If Ethereum fails to clear the $3,080 resistance and the trend line, it could continue to move down. Initial support on the downside is near the $3,065 level.
The next major support is near the $3,000 zone. A clear move below the $3,000 support might push the price toward $2,980. Any more losses might send the price toward the $2,860 level in the near term.
Technical Indicators...
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 level.
Major Support Level – $3,000
Major Resistance Level – $3,080#ETHETFS #MicroStrategy #write2Earn
BITCOIN PRICE EYES NEXT BREAKOUT AS THE BULLS AIM FOR $70K
Bitcoin price started a fresh increase above the $65,500 and $66,000 resistance levels. BTC even climbed above the $67,000 level. It traded as high as $67,200 and is currently consolidating gains.
There was a minor decline below the $66,500 level, but the price remained stable above the 23.6% Fib retracement level of the upward move from the $64,280 swing low to the $67,200 high. Bitcoin price is still trading above $65,500 and the 100 hourly Simple moving average.
There is also a connecting bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair. The trend line is near the 50% Fib retracement level of the upward move from the $64,280 swing low to the $67,200 high.
Immediate resistance is near the $67,000 level. The first major resistance could be $67,200. A clear move above the $67,200 resistance might send the price higher. The next resistance now sits at $68,500. If there is a clear move above the $68,500 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $70,000.
The next major resistance is near the $70,500 zone. Any more gains might send Bitcoin toward the $72,000 resistance zone in the near term.
ARE DIPS LIMITED IN BTC?
If Bitcoin fails to rise above the $67,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $66,200 level.
The first major support is $66,000 or the trend line. If there is a close below $66,000, the price could start to drop toward $65,400. Any more losses might send the price toward the $64,200 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $66,200, followed by $66,000.
Major Resistance Levels – $67,000, $67,200, and $68,500.#BTC #bitcoinhalving #Write2Earn
Bitcoin price started a fresh increase above the $65,500 and $66,000 resistance levels. BTC even climbed above the $67,000 level. It traded as high as $67,200 and is currently consolidating gains.
There was a minor decline below the $66,500 level, but the price remained stable above the 23.6% Fib retracement level of the upward move from the $64,280 swing low to the $67,200 high. Bitcoin price is still trading above $65,500 and the 100 hourly Simple moving average.
There is also a connecting bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair. The trend line is near the 50% Fib retracement level of the upward move from the $64,280 swing low to the $67,200 high.
Immediate resistance is near the $67,000 level. The first major resistance could be $67,200. A clear move above the $67,200 resistance might send the price higher. The next resistance now sits at $68,500. If there is a clear move above the $68,500 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $70,000.
The next major resistance is near the $70,500 zone. Any more gains might send Bitcoin toward the $72,000 resistance zone in the near term.
ARE DIPS LIMITED IN BTC?
If Bitcoin fails to rise above the $67,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $66,200 level.
The first major support is $66,000 or the trend line. If there is a close below $66,000, the price could start to drop toward $65,400. Any more losses might send the price toward the $64,200 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $66,200, followed by $66,000.
Major Resistance Levels – $67,000, $67,200, and $68,500.#BTC #bitcoinhalving #Write2Earn
ETHEREUM PRICE HOLDS SUPPORT – WHY ETH COULD SOON RALLY 5%
Ethereum price remained in a positive zone above the $3,000 level, like Bitcoin. ETH extended its increase above the $3,150 and $3,165 resistance levels. It even spiked above the $3,250 resistance.
It traded to a new weekly high at $3,263 and recently corrected lower. There was a minor decline below the $3,220 level. Ether dipped below the 50% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high.
However, the bulls were active above the $3,200 level. The 61.8% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high acted as a support.
Ethereum is now trading above $3,200 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD. Immediate resistance is near the $3,250 level. The first major resistance is near the $3,280 level.
The next key resistance sits at $3,350, above which the price might gain traction and rise toward the $3,500 level. A close above the $3,500 resistance could send the price toward the $3,550 resistance. If there is a move above the $3,550 resistance, Ethereum could even test the $3,750 resistance. Any more gains could send Ether toward the $3,880 resistance zone in the coming days.
ANOTHER DROP IN ETH?
If Ethereum fails to clear the $3,280 resistance, it could start a downside correction. Initial support on the downside is near the $3,200 level. The first major support is near the $3,180 zone and the trend line.
The main support is near the $3,120 level. A clear move below the $3,120 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,120
Major Resistance Level – $3,280#ETH #BullorBear #BinanceLaunchpool #Write2Earn
Ethereum price remained in a positive zone above the $3,000 level, like Bitcoin. ETH extended its increase above the $3,150 and $3,165 resistance levels. It even spiked above the $3,250 resistance.
It traded to a new weekly high at $3,263 and recently corrected lower. There was a minor decline below the $3,220 level. Ether dipped below the 50% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high.
However, the bulls were active above the $3,200 level. The 61.8% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high acted as a support.
Ethereum is now trading above $3,200 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD. Immediate resistance is near the $3,250 level. The first major resistance is near the $3,280 level.
The next key resistance sits at $3,350, above which the price might gain traction and rise toward the $3,500 level. A close above the $3,500 resistance could send the price toward the $3,550 resistance. If there is a move above the $3,550 resistance, Ethereum could even test the $3,750 resistance. Any more gains could send Ether toward the $3,880 resistance zone in the coming days.
ANOTHER DROP IN ETH?
If Ethereum fails to clear the $3,280 resistance, it could start a downside correction. Initial support on the downside is near the $3,200 level. The first major support is near the $3,180 zone and the trend line.
The main support is near the $3,120 level. A clear move below the $3,120 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,120
Major Resistance Level – $3,280#ETH #BullorBear #BinanceLaunchpool #Write2Earn
XRP PRICE RECLAIMS $0.50 AND INDICATORS SUGGEST FRESH SURGE TO $0.70
After a sharp decline, XRP price found support near the $0.3880 zone. It formed a base and started a fresh increase above the $0.450 resistance, like Bitcoin and Ethereum. The bulls were able to push the price above the $0.50 resistance.
The price climbed above the 50% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low. Besides, there was a break above a key bearish trend line with resistance at $0.5220 on the 4-hour chart of the XRP/USD pair.
The price is now trading above $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.5650 level. The next key resistance is near $0.5820 or the 76.4% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low.
A close above the $0.5820 resistance zone could spark a strong increase. The next key resistance is near $0.620. If the bulls remain in action above the $0.620 resistance level, there could be a rally toward the $0.680 resistance. Any more gains might send the price toward the $0.700 resistance.
ANOTHER DROP?
If XRP fails to clear the $0.5820 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level.
The next major support is at $0.5150. If there is a downside break and a close below the $0.5150 level, the price might accelerate lower. In the stated case, the price could retest the $0.4650 support zone.
Technical Indicators
4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $0.540, $0.5150, and $0.4650.
Major Resistance Levels – $0.5650, $0.5820, and $0.6200.#BinanceLaunchpool #Write2Earn
After a sharp decline, XRP price found support near the $0.3880 zone. It formed a base and started a fresh increase above the $0.450 resistance, like Bitcoin and Ethereum. The bulls were able to push the price above the $0.50 resistance.
The price climbed above the 50% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low. Besides, there was a break above a key bearish trend line with resistance at $0.5220 on the 4-hour chart of the XRP/USD pair.
The price is now trading above $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.5650 level. The next key resistance is near $0.5820 or the 76.4% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low.
A close above the $0.5820 resistance zone could spark a strong increase. The next key resistance is near $0.620. If the bulls remain in action above the $0.620 resistance level, there could be a rally toward the $0.680 resistance. Any more gains might send the price toward the $0.700 resistance.
ANOTHER DROP?
If XRP fails to clear the $0.5820 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level.
The next major support is at $0.5150. If there is a downside break and a close below the $0.5150 level, the price might accelerate lower. In the stated case, the price could retest the $0.4650 support zone.
Technical Indicators
4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $0.540, $0.5150, and $0.4650.
Major Resistance Levels – $0.5650, $0.5820, and $0.6200.#BinanceLaunchpool #Write2Earn
ETHEREUM PRICE SIGNALS REVERSAL AND $3,400 IS IMMINENT, HERE’S WHY.
Ethereum Price Extends Increase
Ethereum price started a recovery wave and was able to clear the $3,000 resistance, like Bitcoin. ETH even climbed above the $3,050 and $3,120 resistance levels to move into a positive zone.
It traded to a new weekly high at $3,234 and is currently consolidating gains. There was a minor decline below the $3,200 level. Ether dipped below the 23.6% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high.
Ethereum is now trading above $3,150 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $3,160 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high.
Immediate resistance is near the $3,210 level. The first major resistance is near the $3,235 level. The next key resistance sits at $3,280, above which the price might gain traction and rise toward the $3,350 level.
A close above the $3,350 resistance could send the price toward the $3,500 resistance. If there is a move above the $3,500 resistance, Ethereum could even test the $3,550 resistance. Any more gains could send Ether toward the $3,720 resistance zone in the coming days.
DOWNSIDE CORRECTION IN ETH?
If Ethereum fails to clear the $3,235 resistance, it could start a downside correction. Initial support on the downside is near the $3,175 level. The first major support is near the $3,160 zone and the trend line.
The main support is near the $3,150 level and the 100-hourly Simple Moving Average. A clear move below the $3,150 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 level.
Major Support Level – $3,150
Major Resistance Level – $3,235 #Write2Earn
Ethereum Price Extends Increase
Ethereum price started a recovery wave and was able to clear the $3,000 resistance, like Bitcoin. ETH even climbed above the $3,050 and $3,120 resistance levels to move into a positive zone.
It traded to a new weekly high at $3,234 and is currently consolidating gains. There was a minor decline below the $3,200 level. Ether dipped below the 23.6% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high.
Ethereum is now trading above $3,150 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $3,160 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high.
Immediate resistance is near the $3,210 level. The first major resistance is near the $3,235 level. The next key resistance sits at $3,280, above which the price might gain traction and rise toward the $3,350 level.
A close above the $3,350 resistance could send the price toward the $3,500 resistance. If there is a move above the $3,500 resistance, Ethereum could even test the $3,550 resistance. Any more gains could send Ether toward the $3,720 resistance zone in the coming days.
DOWNSIDE CORRECTION IN ETH?
If Ethereum fails to clear the $3,235 resistance, it could start a downside correction. Initial support on the downside is near the $3,175 level. The first major support is near the $3,160 zone and the trend line.
The main support is near the $3,150 level and the 100-hourly Simple Moving Average. A clear move below the $3,150 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 level.
Major Support Level – $3,150
Major Resistance Level – $3,235 #Write2Earn
BNB PRICE RECLAIMS $600 AND BULLS COULD NOW AIM FOR NEW 2024 HIGH.
After forming a base above the $520 level, BNB price started a fresh increase. There was a steady increase above the $550 and $565 resistance levels, like Ethereum and Bitcoin.
The bulls pushed the price above the $580 pivot level and the 61.8% Fib retracement level of the downward wave from the $630 swing high to the $512 low. More importantly, the price is now trading above $580 and the 100 simple moving average (4 hours).
It is consolidating just above the 76.4% Fib retracement level of the downward wave from the $630 swing high to the $512 low. There is also a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair.
Immediate resistance is near the $608 level. The next resistance sits near the $630 level. A clear move above the $630 zone could send the price further higher. In the stated case, BNB price could test $650.
A close above the $650 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $720 level in the coming days.
ARE DIPS SUPPORTED?
If BNB fails to clear the $608 resistance, it could start a downside correction. Initial support on the downside is near the $592 level and the trend line.
The next major support is near the $585 level. The main support sits at $570. If there is a downside break below the $570 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $532 level.
TECHNICAL INDICATORS
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.
Major Support Levels – $592, $585, and $570.
Major Resistance Levels – $608, $630, and $650.#Write2Earn
After forming a base above the $520 level, BNB price started a fresh increase. There was a steady increase above the $550 and $565 resistance levels, like Ethereum and Bitcoin.
The bulls pushed the price above the $580 pivot level and the 61.8% Fib retracement level of the downward wave from the $630 swing high to the $512 low. More importantly, the price is now trading above $580 and the 100 simple moving average (4 hours).
It is consolidating just above the 76.4% Fib retracement level of the downward wave from the $630 swing high to the $512 low. There is also a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair.
Immediate resistance is near the $608 level. The next resistance sits near the $630 level. A clear move above the $630 zone could send the price further higher. In the stated case, BNB price could test $650.
A close above the $650 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $720 level in the coming days.
ARE DIPS SUPPORTED?
If BNB fails to clear the $608 resistance, it could start a downside correction. Initial support on the downside is near the $592 level and the trend line.
The next major support is near the $585 level. The main support sits at $570. If there is a downside break below the $570 support, the price could drop toward the $550 support. Any more losses could initiate a larger decline toward the $532 level.
TECHNICAL INDICATORS
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.
Major Support Levels – $592, $585, and $570.
Major Resistance Levels – $608, $630, and $650.#Write2Earn
NEXT SURGE OF BITCOIN WILL PUSH IT OVER $70,000,
POTENTIALLY LANDING IN THE $77,000-$80,000 RANGE.
A REMINDER TO THE COMMUNITY: STEER CLEAR OF LEVERAGING TOO MUCH DURING THIS TIME.
PATIENCE IS KEY.#Write2Earn #BTCUSDT.
POTENTIALLY LANDING IN THE $77,000-$80,000 RANGE.
A REMINDER TO THE COMMUNITY: STEER CLEAR OF LEVERAGING TOO MUCH DURING THIS TIME.
PATIENCE IS KEY.#Write2Earn #BTCUSDT.
BITCOIN PRICE DUMPED TO $66K AS BEARS GAIN STRENGTH, $64K NEXT?
Bitcoin price struggled to settle above the $70,000 resistance zone. BTC reacted to the downside after it broke the $69,200 support zone. There was a sharp move below the $68,500 level.
The price even declined below the $67,000 level. Finally, it tested the $66,000 with a bearish angle. A low was formed near $65,992 and the price is now attempting a recovery wave. There was a move above the $66,800 level.
The price moved above the 23.6% Fib retracement level of the downward move from the $69,884 swing high to the $65,992 low. However, Bitcoin is now trading below $68,500 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $68,400 on the hourly chart of the BTC/USD.
Immediate resistance is near the $68,000 level. It is close to the 50% Fib retracement level of the downward move from the $69,884 swing high to the $65,992 low.
The first major resistance could be $68,500 and the trend line. If there is a clear move above the $68,500 resistance zone, the price could start a fresh increase.
In the stated case, the price could rise toward the $70,000 resistance zone in the near term. The next major resistance is near the $71,500 zone.
MORE LOSSES IN BTC?
If Bitcoin fails to rise above the $68,000 resistance zone, it could continue to move down. Immediate support on the downside is near the $66,000 level.
The first major support is $65,000. The next support sits at $64,000. If there is a close below $64,000, the price could start a drop toward the $62,500 level. Any more losses might send the price toward the $60,500 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $66,000, followed by $65,000.
Major Resistance Levels – $68,000, $68,500, and $70,000.#BTC.USD #bearishmomentum. #Write2Earn
Bitcoin price struggled to settle above the $70,000 resistance zone. BTC reacted to the downside after it broke the $69,200 support zone. There was a sharp move below the $68,500 level.
The price even declined below the $67,000 level. Finally, it tested the $66,000 with a bearish angle. A low was formed near $65,992 and the price is now attempting a recovery wave. There was a move above the $66,800 level.
The price moved above the 23.6% Fib retracement level of the downward move from the $69,884 swing high to the $65,992 low. However, Bitcoin is now trading below $68,500 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $68,400 on the hourly chart of the BTC/USD.
Immediate resistance is near the $68,000 level. It is close to the 50% Fib retracement level of the downward move from the $69,884 swing high to the $65,992 low.
The first major resistance could be $68,500 and the trend line. If there is a clear move above the $68,500 resistance zone, the price could start a fresh increase.
In the stated case, the price could rise toward the $70,000 resistance zone in the near term. The next major resistance is near the $71,500 zone.
MORE LOSSES IN BTC?
If Bitcoin fails to rise above the $68,000 resistance zone, it could continue to move down. Immediate support on the downside is near the $66,000 level.
The first major support is $65,000. The next support sits at $64,000. If there is a close below $64,000, the price could start a drop toward the $62,500 level. Any more losses might send the price toward the $60,500 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $66,000, followed by $65,000.
Major Resistance Levels – $68,000, $68,500, and $70,000.#BTC.USD #bearishmomentum. #Write2Earn
DOGECOIN PRICE APPROACHES KEY SUPPORT
After a steady increase, Dogecoin price attempted more gains above the $0.230 zone. However, DOGE struggled above $0.2250. A high was formed at $0.2294 and the price started a downside correction, like Bitcoin and Ethereum.
There was a drop below the $0.2050 and $0.200 support levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.1228 swing low to the $0.2294 high.
Besides, there was a break below a key bullish trend line with support at $0.2040 on the 4-hour chart of the DOGE/USD pair. However, Dogecoin is still above the $0.1750 level and the 100 simple moving average (4 hours).
On the upside, the price is facing resistance near the $0.1950 level. The next major resistance is near the $0.200 level. A close above the $0.200 resistance might send the price toward the $0.2150 resistance. The next major resistance is near $0.2300. Any more gains might send the price toward the $0.2500 level.
MORE DOWNSIDES IN DOGE?
If DOGE’s price fails to gain pace above the $0.200 level, it could continue to move down. Initial support on the downside is near the $0.1820 level.
The next major support is near the $0.1750 level or the 50% Fib retracement level of the upward move from the $0.1228 swing low to the $0.2294 high.
If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.1480 level.
TECHNICAL INDICATORS
4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.
4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.
Major Support Levels – $0.1820, $0.1750 and $0.1480.
Major Resistance Levels – $0.2000, $0.2150, and $0.2300.#DOGENEWS #Write2Earn
After a steady increase, Dogecoin price attempted more gains above the $0.230 zone. However, DOGE struggled above $0.2250. A high was formed at $0.2294 and the price started a downside correction, like Bitcoin and Ethereum.
There was a drop below the $0.2050 and $0.200 support levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.1228 swing low to the $0.2294 high.
Besides, there was a break below a key bullish trend line with support at $0.2040 on the 4-hour chart of the DOGE/USD pair. However, Dogecoin is still above the $0.1750 level and the 100 simple moving average (4 hours).
On the upside, the price is facing resistance near the $0.1950 level. The next major resistance is near the $0.200 level. A close above the $0.200 resistance might send the price toward the $0.2150 resistance. The next major resistance is near $0.2300. Any more gains might send the price toward the $0.2500 level.
MORE DOWNSIDES IN DOGE?
If DOGE’s price fails to gain pace above the $0.200 level, it could continue to move down. Initial support on the downside is near the $0.1820 level.
The next major support is near the $0.1750 level or the 50% Fib retracement level of the upward move from the $0.1228 swing low to the $0.2294 high.
If there is a downside break below the $0.1750 support, the price could decline further. In the stated case, the price might decline toward the $0.1480 level.
TECHNICAL INDICATORS
4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.
4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.
Major Support Levels – $0.1820, $0.1750 and $0.1480.
Major Resistance Levels – $0.2000, $0.2150, and $0.2300.#DOGENEWS #Write2Earn
LITECOIN PRICE GAINS BULLISH MOMENTUM
In the past couple of days, Litecoin gained pace and outperformed Bitcoin and Ethereum. LTC price formed a base above the $80 level and started a decent increase.
There was a break above the $88 and $95 resistance levels. The bulls even pushed the price above $100. There was a clear move above the 76.4% Fib retracement level of the downward move from the $105.71 swing high to the $77.00 low. A new multi-week high was formed at $112.49 and the price is now consolidating gains.top near $68.40 before it started a fresh decline.
Litecoin is now trading above $10 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $101.50 on the 4-hour chart of the LTC/USD pair.
On the upside, immediate resistance is near the $112.50 zone. It is near the 1.236 Fib extension level of the downward move from the $105.71 swing high to the $77.00 low. The next major resistance is near the $115 level. If there is a clear break above the $115 resistance, the price could start another strong increase.
In the stated case, the price is likely to continue higher toward the $120 and $122 levels. Any more gains might send LTC’s price toward the $132 resistance zone.
ARE DIPS SUPPORTED IN LTC?
If Litecoin price fails to clear the $105 resistance level, there could be a downside correction. Initial support on the downside is near the $105 level.
The next major support is forming near the $100 level, below which there is a risk of a move toward the $95 support. Any further losses may perhaps send the price toward the $88 support.
TECHNICAL INDICATORS:
4-hour MACD – The MACD is now gaining pace in the bullish zone.
4-hour RSI (Relative Strength Index) – The RSI for LTC/USD is above the 65 level.
Major Support Levels – $105 followed by $100.
Major Resistance Levels – $115 and $120.#LTC✅ #LTCUSD #Write2Earn
In the past couple of days, Litecoin gained pace and outperformed Bitcoin and Ethereum. LTC price formed a base above the $80 level and started a decent increase.
There was a break above the $88 and $95 resistance levels. The bulls even pushed the price above $100. There was a clear move above the 76.4% Fib retracement level of the downward move from the $105.71 swing high to the $77.00 low. A new multi-week high was formed at $112.49 and the price is now consolidating gains.top near $68.40 before it started a fresh decline.
Litecoin is now trading above $10 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $101.50 on the 4-hour chart of the LTC/USD pair.
On the upside, immediate resistance is near the $112.50 zone. It is near the 1.236 Fib extension level of the downward move from the $105.71 swing high to the $77.00 low. The next major resistance is near the $115 level. If there is a clear break above the $115 resistance, the price could start another strong increase.
In the stated case, the price is likely to continue higher toward the $120 and $122 levels. Any more gains might send LTC’s price toward the $132 resistance zone.
ARE DIPS SUPPORTED IN LTC?
If Litecoin price fails to clear the $105 resistance level, there could be a downside correction. Initial support on the downside is near the $105 level.
The next major support is forming near the $100 level, below which there is a risk of a move toward the $95 support. Any further losses may perhaps send the price toward the $88 support.
TECHNICAL INDICATORS:
4-hour MACD – The MACD is now gaining pace in the bullish zone.
4-hour RSI (Relative Strength Index) – The RSI for LTC/USD is above the 65 level.
Major Support Levels – $105 followed by $100.
Major Resistance Levels – $115 and $120.#LTC✅ #LTCUSD #Write2Earn
ETHEREUM PRICE COULD ACCELERATE HIGHER
Ethereum price remained strong above the $3,500 zone. ETH formed a base and recently started a fresh increase above the $3,600 resistance zone, like Bitcoin.
However, the bears are still active near the $3,650 and $3,680 resistance levels. A high was formed near $3,654 and the price is now consolidating gains. It moved a few points lower and traded below the 23.6% Fib retracement level of the upward move from the $3,491 swing low to the $3,654 high.
Ethereum is still trading above $3,550 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,550 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the upward move from the $3,491 swing low to the $3,654 high.
On the upside, immediate resistance is near the $3,630 level. The first major resistance is near the $3,650 level. The next key resistance sits at $3,680, above which the price might gain bullish momentum.
In the stated case, Ether could rally toward the $3,800 level. If there is a move above the $3,800 resistance, Ethereum could even climb toward the $3,880 resistance. Any more gains might call for a test of $4,000.
ARE DIPS LIMITED IN ETH?
If Ethereum fails to clear the $3,650 resistance, it could start another decline. Initial support on the downside is near the $3,600 level.
The first major support is near the $3,575 zone.
The next key support could be the $3,550 zone and the trend line. A clear move below the $3,550 support might send the price toward $3,440. Any more losses might send the price toward the $3,320
level.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,550
Major Resistance Level – $3,650#Write2Earn #Ethereum✅
Ethereum price remained strong above the $3,500 zone. ETH formed a base and recently started a fresh increase above the $3,600 resistance zone, like Bitcoin.
However, the bears are still active near the $3,650 and $3,680 resistance levels. A high was formed near $3,654 and the price is now consolidating gains. It moved a few points lower and traded below the 23.6% Fib retracement level of the upward move from the $3,491 swing low to the $3,654 high.
Ethereum is still trading above $3,550 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,550 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the upward move from the $3,491 swing low to the $3,654 high.
On the upside, immediate resistance is near the $3,630 level. The first major resistance is near the $3,650 level. The next key resistance sits at $3,680, above which the price might gain bullish momentum.
In the stated case, Ether could rally toward the $3,800 level. If there is a move above the $3,800 resistance, Ethereum could even climb toward the $3,880 resistance. Any more gains might call for a test of $4,000.
ARE DIPS LIMITED IN ETH?
If Ethereum fails to clear the $3,650 resistance, it could start another decline. Initial support on the downside is near the $3,600 level.
The first major support is near the $3,575 zone.
The next key support could be the $3,550 zone and the trend line. A clear move below the $3,550 support might send the price toward $3,440. Any more losses might send the price toward the $3,320
level.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,550
Major Resistance Level – $3,650#Write2Earn #Ethereum✅
BITCOIN PRICE REMAINS IN RANGE
Bitcoin price formed a base above the $69,000 resistance zone. BTC climbed higher the $70,000 resistance zone to move again into a positive zone.
The price broke the $71,000 level but the bears were active below the $71,500 resistance. The recent high was formed near $71,306 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $69,128 swing low to the $71,306 high.
Bitcoin is now trading above $70,500 and the 100 hourly Simple moving average. There is also a short-term rising channel forming with support at $70,750 on the hourly chart of the BTC/USD pair.
Immediate resistance is near the $71,300 level. The first major resistance could be $71,500. If there is a clear move above the $71,500 resistance zone, the price could start a strong increase.
In the stated case, the price could even clear the $72,500 resistance zone in the near term. The next major resistance is near the $73,500 zone.
ANOTHER DROP IN BTC?
If Bitcoin fails to rise above the $71,200 resistance zone, it could start another decline. Immediate support on the downside is near the $70,750 level and the channel trend line.
The first major support is $70,200 and the 50% Fib retracement level of the upward move from the $69,128 swing low to the $71,306 high. The next support sits at $70,000.
If there is a close below $70,000, the price could start a drop toward the $69,120 level. Any more losses might send the price toward the $68,500 support zone in the near term.#BTC🔥🔥🔥🔥 $BTC #Write2Earn
Bitcoin price formed a base above the $69,000 resistance zone. BTC climbed higher the $70,000 resistance zone to move again into a positive zone.
The price broke the $71,000 level but the bears were active below the $71,500 resistance. The recent high was formed near $71,306 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $69,128 swing low to the $71,306 high.
Bitcoin is now trading above $70,500 and the 100 hourly Simple moving average. There is also a short-term rising channel forming with support at $70,750 on the hourly chart of the BTC/USD pair.
Immediate resistance is near the $71,300 level. The first major resistance could be $71,500. If there is a clear move above the $71,500 resistance zone, the price could start a strong increase.
In the stated case, the price could even clear the $72,500 resistance zone in the near term. The next major resistance is near the $73,500 zone.
ANOTHER DROP IN BTC?
If Bitcoin fails to rise above the $71,200 resistance zone, it could start another decline. Immediate support on the downside is near the $70,750 level and the channel trend line.
The first major support is $70,200 and the 50% Fib retracement level of the upward move from the $69,128 swing low to the $71,306 high. The next support sits at $70,000.
If there is a close below $70,000, the price could start a drop toward the $69,120 level. Any more losses might send the price toward the $68,500 support zone in the near term.#BTC🔥🔥🔥🔥 $BTC #Write2Earn
BITCOIN WILL NEED WEEKLY CLOSING ABOVE $69K FOR NEXT BIG MOVE.#BTC🔥🔥🔥🔥 #write2earn…
BITCOIN PRICE PRIMED TO CLEAR $71,500 AND RALLY AGAIN
Bitcoin price remained well-supported above the $69,000 resistance zone. BTC climbed higher the $70,000 resistance zone to move again into a positive zone.
The price broke the $71,000 level and retested $71,500. A high was formed near $71,539 and there was a downside correction. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $68,468 swing low to the $71,539 high.
Bitcoin is now trading above $70,000 and the 100 hourly Simple moving average. There is also a crucial bullish trend line forming with support at $70,200 on the hourly chart of the BTC/USD pair.
Immediate resistance is near the $71,200 level. The first major resistance could be $71,500. If there is a clear move above the $71,500 resistance zone, the price could start a strong increase.
In the stated case, the price could even clear the $72,500 resistance zone in the near term. The next major resistance is near the $73,500 zone.
ANOTHER DECLINE IN BTC?
If Bitcoin fails to rise above the $71,500 resistance zone, it could start another decline. Immediate support on the downside is near the $70,200 level and the trend line.
The first major support is $70,000 and the 50% Fib retracement level of the upward move from the $68,468 swing low to the $71,539 high. The next support sits at $69,200.
If there is a close below $69,200, the price could start a drop toward the $68,000 level. Any more losses might send the price toward the $66,500 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $70,200, followed by $69,200.
Major Resistance Levels – $71,200, $71,500, and $73,500.#BTC #BullorBear #Write2Earn
Bitcoin price remained well-supported above the $69,000 resistance zone. BTC climbed higher the $70,000 resistance zone to move again into a positive zone.
The price broke the $71,000 level and retested $71,500. A high was formed near $71,539 and there was a downside correction. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $68,468 swing low to the $71,539 high.
Bitcoin is now trading above $70,000 and the 100 hourly Simple moving average. There is also a crucial bullish trend line forming with support at $70,200 on the hourly chart of the BTC/USD pair.
Immediate resistance is near the $71,200 level. The first major resistance could be $71,500. If there is a clear move above the $71,500 resistance zone, the price could start a strong increase.
In the stated case, the price could even clear the $72,500 resistance zone in the near term. The next major resistance is near the $73,500 zone.
ANOTHER DECLINE IN BTC?
If Bitcoin fails to rise above the $71,500 resistance zone, it could start another decline. Immediate support on the downside is near the $70,200 level and the trend line.
The first major support is $70,000 and the 50% Fib retracement level of the upward move from the $68,468 swing low to the $71,539 high. The next support sits at $69,200.
If there is a close below $69,200, the price could start a drop toward the $68,000 level. Any more losses might send the price toward the $66,500 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $70,200, followed by $69,200.
Major Resistance Levels – $71,200, $71,500, and $73,500.#BTC #BullorBear #Write2Earn
ETHEREUM PRICE GEARING FOR ANOTHER LIFT-OFF TO $4K: INCREASE ISN’T OVER YET
Ethereum price started another downside correction below the $3,550 zone. ETH retested the $3,450 zone before the bulls appeared, like Bitcoin. A low was formed near $3,459 and the price recently climbed higher.
There was a move above the $3,520 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $3,680 swing high to the $3,459 low. There was also a break above a key bearish trend line with resistance at $3,540 on the hourly chart of ETH/USD.
Ethereum is now trading above $3,520 and the 100-hourly Simple Moving Average. On the upside, immediate resistance is near the $3,600 level. The first major resistance is near the $3,630 level. It is near the 76.4% Fib retracement level of the downward move from the $3,680 swing high to the $3,459 low.
The next key resistance sits at $3,680, above which the price might gain bullish momentum. In the stated case, Ether could rally toward the $3,800 level. If there is a move above the $3,880 resistance, Ethereum could even climb toward the $3,920 resistance. Any more gains might call for a test of $4,000.
ANOTHER DECLINE IN ETH?
If Ethereum fails to clear the $3,630 resistance, it could start another decline. Initial support on the downside is near the $3,540 level.
The first major support is near the $3,480 zone. The next key support could be the $3,450 zone.
A clear move below the $3,450 support might send the price toward $3,325. Any more losses might send the price toward the $3,250 level.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,450
Major Resistance Level – $3,680#ETHFIUSDT #write2earn….
Ethereum price started another downside correction below the $3,550 zone. ETH retested the $3,450 zone before the bulls appeared, like Bitcoin. A low was formed near $3,459 and the price recently climbed higher.
There was a move above the $3,520 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $3,680 swing high to the $3,459 low. There was also a break above a key bearish trend line with resistance at $3,540 on the hourly chart of ETH/USD.
Ethereum is now trading above $3,520 and the 100-hourly Simple Moving Average. On the upside, immediate resistance is near the $3,600 level. The first major resistance is near the $3,630 level. It is near the 76.4% Fib retracement level of the downward move from the $3,680 swing high to the $3,459 low.
The next key resistance sits at $3,680, above which the price might gain bullish momentum. In the stated case, Ether could rally toward the $3,800 level. If there is a move above the $3,880 resistance, Ethereum could even climb toward the $3,920 resistance. Any more gains might call for a test of $4,000.
ANOTHER DECLINE IN ETH?
If Ethereum fails to clear the $3,630 resistance, it could start another decline. Initial support on the downside is near the $3,540 level.
The first major support is near the $3,480 zone. The next key support could be the $3,450 zone.
A clear move below the $3,450 support might send the price toward $3,325. Any more losses might send the price toward the $3,250 level.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,450
Major Resistance Level – $3,680#ETHFIUSDT #write2earn….
XRP PRICE FACES UPHILL TASK
After a steady decline, XRP price found support near the $0.5720 level. A low was formed at $0.5714 and the price started a fresh increase, like Bitcoin and Ethereum.
There was a move above the $0.5880 and $0.600 resistance levels. The price cleared the 23.6% Fib retracement level of the downward wave from the $0.7442 swing high to the $0.5714 low. The bulls pushed the price above the $0.620 resistance zone, but the bears are active near $0.640.
Ripple’s token price is now trading above $0.6320 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.640 zone. There is also a key bearish trend line forming with resistance near $0.640 on the 4-hour chart of the XRP/USD pair.
The next key resistance is near $0.6580. It is close to the 50% Fib retracement level of the downward wave from the $0.7442 swing high to the $0.5714 low. A close above the $0.6580 resistance zone could spark a strong increase.
The next key resistance is near $0.700. If the bulls remain in action above the $0.700 resistance level, there could be a rally toward the $0.7440 resistance. Any more gains might send the price toward the $0.800 resistance.
MORE LOSSES?
If XRP fails to clear the $0.640 resistance zone, it could start another decline. Initial support on the downside is near the $0.600 zone.
The next major support is at $0.5720.
If there is a downside break and a close below the $0.5720 level, the price might accelerate lower. In the stated case, the price could retest the $0.5250 support zone.
TECHNICAL INDICATORS
4-Hours MACD – The MACD for XRP/USD is now losing pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $0.600, $0.5720, and $0.5250.
Major Resistance Levels – $0.640, $0.6580, and $0.700.#BinanceLaunchpool #write2earn…. #XRP/USDT🔥🔥:
After a steady decline, XRP price found support near the $0.5720 level. A low was formed at $0.5714 and the price started a fresh increase, like Bitcoin and Ethereum.
There was a move above the $0.5880 and $0.600 resistance levels. The price cleared the 23.6% Fib retracement level of the downward wave from the $0.7442 swing high to the $0.5714 low. The bulls pushed the price above the $0.620 resistance zone, but the bears are active near $0.640.
Ripple’s token price is now trading above $0.6320 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.640 zone. There is also a key bearish trend line forming with resistance near $0.640 on the 4-hour chart of the XRP/USD pair.
The next key resistance is near $0.6580. It is close to the 50% Fib retracement level of the downward wave from the $0.7442 swing high to the $0.5714 low. A close above the $0.6580 resistance zone could spark a strong increase.
The next key resistance is near $0.700. If the bulls remain in action above the $0.700 resistance level, there could be a rally toward the $0.7440 resistance. Any more gains might send the price toward the $0.800 resistance.
MORE LOSSES?
If XRP fails to clear the $0.640 resistance zone, it could start another decline. Initial support on the downside is near the $0.600 zone.
The next major support is at $0.5720.
If there is a downside break and a close below the $0.5720 level, the price might accelerate lower. In the stated case, the price could retest the $0.5250 support zone.
TECHNICAL INDICATORS
4-Hours MACD – The MACD for XRP/USD is now losing pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $0.600, $0.5720, and $0.5250.
Major Resistance Levels – $0.640, $0.6580, and $0.700.#BinanceLaunchpool #write2earn…. #XRP/USDT🔥🔥:
BITCOIN PRICE FACES UPHILL TASK BUT INDICATORS SIGNAL MORE UPSIDES
Bitcoin price remained in a positive zone above the $68,800 resistance zone. BTC climbed higher the $70,000 resistance zone, but the bears were active near the $71,500 level.
There were more than two attempts to clear the $71,500 level but the bulls failed. There was a downside correction, and the price tested the $68,400 support. A low was formed at $68,366 and the price is now starting a decent increase.
There was a move above the 23.6% Fib retracement level of the downward move from the $71,746 swing high to the $68,366 low. Bitcoin is now trading above $69,000 and the 100 hourly Simple moving average. There is also a major bullish trend line forming with support at $69,120 on the hourly chart of the BTC/USD pair.
Immediate resistance is near the $70,000 level or the 50% Fib retracement level of the downward move from the $71,746 swing high to the $68,366 low. The first major resistance could be $71,200.
The main resistance is still near $71,500. If there is a clear move above the $71,500 resistance zone, the price could continue to gain strength. In the stated case, the price could even clear the $72,500 resistance zone in the near term.
MORE LOSSES IN BTC?
If Bitcoin fails to rise above the $71,200 resistance zone, it could start another decline. Immediate support on the downside is near the $69,200 level and the trend line.
The first major support is $68,400. The next support sits at $67,500. If there is a close below $67,500, the price could start a drop toward the $66,000 level. Any more losses might send the price toward the $66,000 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $68,400, followed by $67,000.
Major Resistance Levels – $70,000, $71,500, and $73,500.#BTC🔥🔥🔥🔥 #Write2Earn #TrendingPredictions
Bitcoin price remained in a positive zone above the $68,800 resistance zone. BTC climbed higher the $70,000 resistance zone, but the bears were active near the $71,500 level.
There were more than two attempts to clear the $71,500 level but the bulls failed. There was a downside correction, and the price tested the $68,400 support. A low was formed at $68,366 and the price is now starting a decent increase.
There was a move above the 23.6% Fib retracement level of the downward move from the $71,746 swing high to the $68,366 low. Bitcoin is now trading above $69,000 and the 100 hourly Simple moving average. There is also a major bullish trend line forming with support at $69,120 on the hourly chart of the BTC/USD pair.
Immediate resistance is near the $70,000 level or the 50% Fib retracement level of the downward move from the $71,746 swing high to the $68,366 low. The first major resistance could be $71,200.
The main resistance is still near $71,500. If there is a clear move above the $71,500 resistance zone, the price could continue to gain strength. In the stated case, the price could even clear the $72,500 resistance zone in the near term.
MORE LOSSES IN BTC?
If Bitcoin fails to rise above the $71,200 resistance zone, it could start another decline. Immediate support on the downside is near the $69,200 level and the trend line.
The first major support is $68,400. The next support sits at $67,500. If there is a close below $67,500, the price could start a drop toward the $66,000 level. Any more losses might send the price toward the $66,000 support zone in the near term.
TECHNICAL INDICATORS:
Hourly MACD – The MACD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $68,400, followed by $67,000.
Major Resistance Levels – $70,000, $71,500, and $73,500.#BTC🔥🔥🔥🔥 #Write2Earn #TrendingPredictions
BNB PRICE COULD RESUME UPSIDE UNLESS THE BULLS FAIL AT $610
After a downside correction from $645, BNB price found support near the $500 zone. A low was formed at $498 and the price started a fresh increase, like Ethereum and Bitcoin.
There was a move above the $520 and $550 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $645 swing high to the $498 low. The price is now trading above $575 and the 100 simple moving average (4 hours).
There is also a key bullish trend line forming with support near $580 on the 4-hour chart of the BNB/USD pair. Immediate resistance is near the $588 level. It is close to the 61.8% Fib retracement level of the downward move from the $645 swing high to the $498 low
The next resistance sits near the $610 level. A clear move above the $610 zone could send the price further higher. In the stated case, BNB price could test $645.
A close above the $645 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $700 level in the coming days.
ANOTHER DECLINE?
If BNB fails to clear the $610 resistance, it could start another decline. Initial support on the downside is near the $580 level and the trend line.
The next major support is near the $560 level. The main support sits at $540. If there is a downside break below the $540 support, the price could drop toward the $500 support. Any more losses could initiate a larger decline toward the $450 level.
TECHNICAL INDICATORS
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.
Major Support Levels – $580, $560, and $540.
Major Resistance Levels – $598, $610, and $640.#BNB😶🌫️ #Write2Earn
After a downside correction from $645, BNB price found support near the $500 zone. A low was formed at $498 and the price started a fresh increase, like Ethereum and Bitcoin.
There was a move above the $520 and $550 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $645 swing high to the $498 low. The price is now trading above $575 and the 100 simple moving average (4 hours).
There is also a key bullish trend line forming with support near $580 on the 4-hour chart of the BNB/USD pair. Immediate resistance is near the $588 level. It is close to the 61.8% Fib retracement level of the downward move from the $645 swing high to the $498 low
The next resistance sits near the $610 level. A clear move above the $610 zone could send the price further higher. In the stated case, BNB price could test $645.
A close above the $645 resistance might set the pace for a larger increase toward the $680 resistance. Any more gains might call for a test of the $700 level in the coming days.
ANOTHER DECLINE?
If BNB fails to clear the $610 resistance, it could start another decline. Initial support on the downside is near the $580 level and the trend line.
The next major support is near the $560 level. The main support sits at $540. If there is a downside break below the $540 support, the price could drop toward the $500 support. Any more losses could initiate a larger decline toward the $450 level.
TECHNICAL INDICATORS
4-Hours MACD – The MACD for BNB/USD is gaining pace in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level.
Major Support Levels – $580, $560, and $540.
Major Resistance Levels – $598, $610, and $640.#BNB😶🌫️ #Write2Earn
ETHEREUM PRICE MAY HAVE ANOTHER CHANCE FOR A BULLISH STREAK: HERE’S HOW.
Ethereum price started another increase above the $3,500 resistance zone. ETH bulls were able to push the price in a positive zone above the $3,580 level, like Bitcoin.
ETH climbed above the $3,650 resistance zone. A high was formed at $3,680 before the price started a downside correction. There was a minor decline below the $3,600 level. The price declined below the 23.6% Fib retracement level of the upward move from the $3,302 swing low to the $3,680 high.
Ethereum is now trading above $3,580 and the 100-hourly Simple Moving Average. There is also a major bullish trend line forming with support at $3,590 on the hourly chart of ETH/USD.
On the upside, immediate resistance is near the $3,640 level. The first major resistance is near the $3,680 level. The next key resistance sits at $3,720, above which the price might gain bullish momentum. In the stated case, Ether could rally toward the $3,800 level.
If there is a move above the $3,800 resistance, Ethereum could even climb toward the $3,880 resistance. Any more gains might call for a test of $4,000.
ARE DIPS SUPPORTED IN ETH?
If Ethereum fails to clear the $3,640 resistance, it could start another decline. Initial support on the downside is near the $3,590 level and the trend line.
The first major support is near the $3,550 zone. The next key support could be the $3,500 zone or the 50% Fib retracement level of the upward move from the $3,302 swing low to the $3,680 high.
A clear move below the $3,500 support might send the price toward $3,390. Any more losses might send the price toward the $3,250 level.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,590
Major Resistance Level – $3,680#ethpump #Write2Earn
Ethereum price started another increase above the $3,500 resistance zone. ETH bulls were able to push the price in a positive zone above the $3,580 level, like Bitcoin.
ETH climbed above the $3,650 resistance zone. A high was formed at $3,680 before the price started a downside correction. There was a minor decline below the $3,600 level. The price declined below the 23.6% Fib retracement level of the upward move from the $3,302 swing low to the $3,680 high.
Ethereum is now trading above $3,580 and the 100-hourly Simple Moving Average. There is also a major bullish trend line forming with support at $3,590 on the hourly chart of ETH/USD.
On the upside, immediate resistance is near the $3,640 level. The first major resistance is near the $3,680 level. The next key resistance sits at $3,720, above which the price might gain bullish momentum. In the stated case, Ether could rally toward the $3,800 level.
If there is a move above the $3,800 resistance, Ethereum could even climb toward the $3,880 resistance. Any more gains might call for a test of $4,000.
ARE DIPS SUPPORTED IN ETH?
If Ethereum fails to clear the $3,640 resistance, it could start another decline. Initial support on the downside is near the $3,590 level and the trend line.
The first major support is near the $3,550 zone. The next key support could be the $3,500 zone or the 50% Fib retracement level of the upward move from the $3,302 swing low to the $3,680 high.
A clear move below the $3,500 support might send the price toward $3,390. Any more losses might send the price toward the $3,250 level.
TECHNICAL INDICATORS
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – $3,590
Major Resistance Level – $3,680#ethpump #Write2Earn