Analysis: SHIBUSDT 1D is approaching its support zone, suggesting a possible rebound. However, if support breaches, prices may fall to $0.00001830, aligning with the daily MA200.
Price Targets: A breakout could potentially take SHIB to $0.00002757, $0.00003184, $0.00003712, and ultimately $0.00004567.
Analysis: CKBUSDT is at a critical juncture, testing a crucial support level. A bullish candle rejection at this point could signal a potential upward move. If the support holds, we might see a recovery and further gains. However, if it breaks, expect a more bearish trend.
Price Targets: For an upward move, the immediate target is around $0.015, with further resistance at $0.02. On the downside, look for a critical level near $0.01. If this breaks, the next support is approximately at $0.007. Stay vigilant and watch how the market reacts at these key levels.
$LUNC is presently in a downtrend, trading below the 200EMA. Following a pullback, the price has been rejected from the 200EMA. It is expected that the price will persist in its bearish momentum, potentially testing new lows.
Analysis: UNI coin is showing signs of potential rejection from the upper resistance zones, indicating weakness in its price action. This could lead to a downward movement, targeting the EMAs. Keep an eye on the performance as it hints at a bearish trend forming.
Price Targets: If the decline continues, initial support is around **$8.50**. A break below this level could see the price moving towards the next significant support at **$5.70**. Monitor these levels for potential buying opportunities.
Analysis: The Swallow Team suggests closely monitoring Dogecoin as it approaches the crucial 200 EMA level. A breakdown here could lead to a test of lower support levels. The chart indicates increased volatility and a small fakeout zone that you should be aware of.
Price Targets: If Dogecoin breaks below the 200 EMA, we might see it test support around $0.1250. In a further downward movement, the next target could be around $0.0820. Keep an eye on potential resistance at $0.1600.
Analysis: ALICEUSDT is showing promise as it taps into a strong support level paired with bullish divergence. This setup hints at an imminent uptrend. Buyers could seize this opportunity to drive the price upward from the current support level.
Price Targets: If the bullish trend takes hold, the key level to watch is around $2.10. If momentum continues, the next potential target lies at $2.119. Keep an eye on these targets to gauge the ongoing market behavior!
Analysis: LTC has formed a bullish dragonfly doji on 50MA support, which indicates a potential upward move. This occurs alongside a descending trendline breakout, strengthening the bullish sentiment. The market is showing positive signs on OKX Futures, making this a noteworthy setup.
Price Targets: For this trade, consider an entry at 78.32. The take-profit target is set at 81.98, allowing for a solid upside. However, protect your capital with a stop target at 76.49. With 9.0X leverage, this setup could yield solid returns.
Analysis: DOTUSDT is showing a strong bullish trend with consistent higher highs and higher lows. It's currently retracing about 50% from the last high, suggesting a potential for buyers to hold the support level. If this happens, we might witness a new high soon.
Price Targets: The immediate support level is around $6.50. If the bullish trend continues, we could see a rise to the resistance levels of $11.50 and potentially $12.50, aligning with the previous 80% rally. Buyers should watch for breakout signals above these levels. #BTCFOMCWatch #CPIAlert #TopCoinsJune2024
Analysis: The NEO USDT chart showcases a falling wedge formation, hinting at a potential bullish trend for NEO. With the daily MA200 and falling wedge resistance at $14.39, we should watch for a breakout before considering entry. This setup generally leads to positive price action.
Price Targets: If the breakout occurs, keep an eye on these targets: $16.31, $17.57, $19.04, $20.17, $21.56, and $23.82. These levels may offer resistance, but also present profit-taking opportunities.
Analysis: NOT, the memecoin, recently faced a rejection at the **$0.03** mark, signaling a bearish trend. It's currently in a falling wedge correction phase. This pattern often precedes bullish moves, especially with price consolidating near a demand zone.
Price Targets: If the wedge breaks upwards, expect NOT to rally to **$0.02** initially, followed by a potential surge to **$0.03** and beyond. Keep an eye on the **$0.012** support level to assess downside risk.
Analysis: The chart hints at a possible significant bounce as prices cool off. Keep an eye out for a break above $0.0002533, suggesting bullish momentum.
Price Targets: Consider buying at the breakout level of $0.0002533. Look to take profits initially at $0.000265, then $0.000283, and finally at $0.0003. Happy trading! #BTCFOMCWatch #CPIAlert #TopCoinsJune2024
Analysis: RNDR is bullish on the 1D chart, currently trading at $9.39. It has consistently broken resistance levels and bounced back from support. This sets up a promising long-term trade opportunity on Binance. The chart shows an upward trend that could indicate further growth potential.
Price Targets: Key levels to watch are an initial resistance at $13.00 and major resistance at $35.00. If the bullish trend continues, look for potential higher targets at $50.00 and beyond, with supporting levels at $6.55. Keep an eye on market movements for more precise entries.
Analysis: Currently bullish, $LINK is trading within a descending channel and has recently bounced off its middle line. It successfully broke above the daily MA50 and is now facing resistance at the MA100. With MACD and RSI showing promising signs, the uptrend could continue.
Price Targets: Short-term targets for $LINK include: $18.332, $20.354, $22.375, and potentially reaching $25.253. Keep an eye on how it navigates the resistance levels within the channel! #BTCFOMCWatch #CPIAlert #TopCoinsJune2024
Analysis: #OP/USDT is approaching a diagonal trendline on the 4-hour timeframe. We're looking for a breakout or retest to go long. Reclaiming $2.27 as a support level is crucial to turning bullish. Keep an eye on the price action near this trendline for potential moves.
Price Targets: If the breakout is confirmed, the first price target is $2.27. The next significant resistance levels to watch are $2.3532, $2.6000, and a strong high target of $3.0302 for an extended bullish move
Analysis: Despite an overall crypto market decline, INJUSDT shows strength and is in a pre-breakout setup. With strong buyers continuing to push the price up against falling bitcoin, INJ seems well-positioned for potential gains. It's set to consolidate above the $29.21 range, hinting at further upward momentum.
Price Targets: Keep an eye on the $29.2 - $29.45 zone for a breakout. Short-term targets are $33.62 and $43.4, with the possibility of reaching the $29.0 - $43.0 range. This price action suggests a potential rally if current bullish trends hold.
Analysis: FET/USDT is showing potential for a strong move after breaking its trendline on the 1-Hour timeframe, signaling a possible Long position. Keep an eye on the mid-level of Fair Value Gaps (FVGs) for further confirmation. Local resistance is present at the Previous Month Low (PML) of $1.8585.
Price Targets: Key targets to watch for are the PML at $1.8585 for resistance and further upside towards the Previous Week High (PWH) around $2.2000. Be mindful of the previously established lows near $1.5000 as potential support.