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šŸ’„šŸ’„šŸ’„ #Dogecoinā€¬ā© on the Move: Is a #BullishRally Incoming? Dogecoin Price Analysis: Bullish Momentum at $0.3929 - Dogecoin ($DOGE ) is trading at $0.3929, holding support above $0.3800, showing bullish momentum. The price recently broke above $0.3750 and the 100-hour SMA, with potential for further gains if key resistance levels are surpassed. Key Resistance Levels - Immediate resistance is at $0.3950, followed by the 61.8% Fib retracement at $0.400. A break above $0.400 could push DOGE to $0.4080, $0.4200, and potentially as high as $0.4500 to $0.500. Support Levels - Support is at $0.3850, $0.3750, and $0.3550. A break below $0.3750 could lead to further declines, with major support at $0.3200 or $0.300. Technical Indicators - #MACD : Bullish momentum is building, suggesting further upside if DOGE clears $0.400. - RSI: Above 50, supporting a bullish outlook but caution is needed for overbought conditions near resistance. #BinanceSquareTrends #DogecoinCommunity
šŸ’„šŸ’„šŸ’„ #Dogecoinā€¬ā© on the Move: Is a #BullishRally Incoming?

Dogecoin Price Analysis: Bullish Momentum at $0.3929

- Dogecoin ($DOGE ) is trading at $0.3929, holding support above $0.3800, showing bullish momentum. The price recently broke above $0.3750 and the 100-hour SMA, with potential for further gains if key resistance levels are surpassed.

Key Resistance Levels

- Immediate resistance is at $0.3950, followed by the 61.8% Fib retracement at $0.400. A break above $0.400 could push DOGE to $0.4080, $0.4200, and potentially as high as $0.4500 to $0.500.
Support Levels

- Support is at $0.3850, $0.3750, and $0.3550. A break below $0.3750 could lead to further declines, with major support at $0.3200 or $0.300.

Technical Indicators

- #MACD : Bullish momentum is building, suggesting further upside if DOGE clears $0.400.

- RSI: Above 50, supporting a bullish outlook but caution is needed for overbought conditions near resistance.

#BinanceSquareTrends #DogecoinCommunity
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šŸ’„šŸ’„šŸ’„ Solana ($SOL ) Targets $250 as Bullish Momentum Gains Strength #SolanaPrice Targets $250 as Bulls Maintain Momentum - Solana (SOL) continues its upward momentum, consolidating gains above the $230 mark and positioning for a potential breakout above the critical $250 resistance level. Key Highlights 1. SOL surged after establishing support above $220 against the US Dollar. 2. The price is now trading at $243, above the 100-hour simple moving average (SMA). 3. A bullish trend line with support at $237 is forming on the hourly chart (data source: Kraken). 4. Clearing the $250 resistance could trigger a significant upward movement. Solana Price Outlook - After finding support, Solana rose past the $220 level, outperforming #bitcoinā˜€ļø and Ethereum. It successfully broke through resistance levels at $225 and $240, recently hitting a high of $248 before stabilizing. - Currently, SOL trades at $243 and is well-supported by the 100-hour SMA. Immediate resistance is at $245, followed by $248. The primary resistance lies at $250. - A sustained close above $250 could open the door for further gains, with the next resistance target at $265. If the rally continues, SOL could aim for $282 as an extended target. Are Dips Supported? If SOL struggles to break above the $245 resistance, it may see a pullback. Key support levels to watch: - $237: Aligns with the bullish trend line. - $230: Corresponds to the 50% Fibonacci retracement of the $220-$248 upswing. A break below $230 could lead to a drop toward the $220 zone. Sustained selling pressure below $220 may push the price to retest the $212 support. Technical Indicators - Hourly #MACD : Shows increasing bullish momentum for SOL/USD. - Hourly RSI: Positioned above 50, signaling continued strength in the uptrend. - Support Levels: $237, $230. - Resistance Levels: $245, $250, $265. #BinanceSquareTrends #CryptoMarketTrend
šŸ’„šŸ’„šŸ’„ Solana ($SOL ) Targets $250 as Bullish Momentum Gains Strength

#SolanaPrice Targets $250 as Bulls Maintain Momentum

- Solana (SOL) continues its upward momentum, consolidating gains above the $230 mark and positioning for a potential breakout above the critical $250 resistance level.

Key Highlights

1. SOL surged after establishing support above $220 against the US Dollar.

2. The price is now trading at $243, above the 100-hour simple moving average (SMA).

3. A bullish trend line with support at $237 is forming on the hourly chart (data source: Kraken).

4. Clearing the $250 resistance could trigger a significant upward movement.

Solana Price Outlook

- After finding support, Solana rose past the $220 level, outperforming #bitcoinā˜€ļø and Ethereum. It successfully broke through resistance levels at $225 and $240, recently hitting a high of $248 before stabilizing.

- Currently, SOL trades at $243 and is well-supported by the 100-hour SMA. Immediate resistance is at $245, followed by $248. The primary resistance lies at $250.

- A sustained close above $250 could open the door for further gains, with the next resistance target at $265. If the rally continues, SOL could aim for $282 as an extended target.

Are Dips Supported?

If SOL struggles to break above the $245 resistance, it may see a pullback. Key support levels to watch:

- $237: Aligns with the bullish trend line.

- $230: Corresponds to the 50% Fibonacci retracement of the $220-$248 upswing.

A break below $230 could lead to a drop toward the $220 zone. Sustained selling pressure below $220 may push the price to retest the $212 support.

Technical Indicators

- Hourly #MACD : Shows increasing bullish momentum for SOL/USD.

- Hourly RSI: Positioned above 50, signaling continued strength in the uptrend.

- Support Levels: $237, $230.

- Resistance Levels: $245, $250, $265.

#BinanceSquareTrends #CryptoMarketTrend
SheroJP:
When Sol hit $300?
The Shiba Inu community expects the meme token to grow to $0.001The Shiba Inu community continues to count on reaching a price of $0.001, and is trying to make efforts to bring this event closer. These include such $SHIB {spot}(SHIBUSDT) supporters, including Whales HQ and SHIB KNIGHT. Unexpected support came from the CoinGecko data aggregator platform, which adjusted the data on the overall #SHIBŲŒ offer downwards, for which they were thanked by active community members. In addition, user Lola asked other users with Etherscan accounts to request similar updates on SHIB's offer from other data providers. According to technical analysis, the current uptrend of SHIB should be considered unstable. The #MACD indicator entered bearish territory as the MACD line fell below the signal line, which indicates the potential for further decline. In addition, the RSI is currently at 36.53, approaching oversold levels. If SHIB is unable to maintain the current level of support, further decline is more than likely. However, despite price fluctuations, SHIB continues to show an increase in the number of meme token owners. Etherscan data indicates that currently more than 1.42 million wallet addresses hold the token, reflecting an increase of 0.027%. #NextMarketMoves

The Shiba Inu community expects the meme token to grow to $0.001

The Shiba Inu community continues to count on reaching a price of $0.001, and is trying to make efforts to bring this event closer. These include such $SHIB
supporters, including Whales HQ and SHIB KNIGHT.

Unexpected support came from the CoinGecko data aggregator platform, which adjusted the data on the overall #SHIBŲŒ offer downwards, for which they were thanked by active community members.

In addition, user Lola asked other users with Etherscan accounts to request similar updates on SHIB's offer from other data providers.

According to technical analysis, the current uptrend of SHIB should be considered unstable. The #MACD indicator entered bearish territory as the MACD line fell below the signal line, which indicates the potential for further decline.

In addition, the RSI is currently at 36.53, approaching oversold levels. If SHIB is unable to maintain the current level of support, further decline is more than likely.

However, despite price fluctuations, SHIB continues to show an increase in the number of meme token owners. Etherscan data indicates that currently more than 1.42 million wallet addresses hold the token, reflecting an increase of 0.027%.
#NextMarketMoves
Technical Indicator Signals - 14th November 2024*Stay ahead of the market with today's technical indicator signals! Bearish MACD Crossover These cryptocurrencies show a bearish MACD crossover, indicating potential downward momentum: 1. Aexelar ($AXL) 2. Ethereum Name Service ($ENS) 3. SafePal ($SFP) Overbought RSI These cryptocurrencies are showing overbought RSI levels, suggesting potential pullbacks: 1. Dogwifhat ($WIF) 2. BONK ($BONK) 3. Floki ($FLOKI) 4. Pepe ($PEPE) 5. Sui ($SUI) Bearish EMA200 Crossover These cryptocurrencies have crossed below the EMA200, indicating potential bearish trends: 1. Golem ($GLM) 2. JasmyCoin ($JASMY) 3. GALA ($GALA) 4. Celo ($CELO) What's Next? Use these signals to adjust your trading strategy. Remember to: - Confirm signals with other indicators - Set stop-loss orders - Monitor market news and trends Stay Informed: Follow our daily technical analysis for actionable insights. Resources: - Investopedia's Technical Analysis Guide - TradingView's Indicator Library - CryptoSlate's Market Analysis Join the Conversation: Share your trading strategies! #TechnicalAnalysis#CryptoTrading#MACD #CryptocurrencyTravel

Technical Indicator Signals - 14th November 2024*

Stay ahead of the market with today's technical indicator signals!
Bearish MACD Crossover
These cryptocurrencies show a bearish MACD crossover, indicating potential downward momentum:
1. Aexelar ($AXL)
2. Ethereum Name Service ($ENS)
3. SafePal ($SFP)
Overbought RSI
These cryptocurrencies are showing overbought RSI levels, suggesting potential pullbacks:
1. Dogwifhat ($WIF)
2. BONK ($BONK)
3. Floki ($FLOKI)
4. Pepe ($PEPE)
5. Sui ($SUI)
Bearish EMA200 Crossover
These cryptocurrencies have crossed below the EMA200, indicating potential bearish trends:
1. Golem ($GLM)
2. JasmyCoin ($JASMY)
3. GALA ($GALA)
4. Celo ($CELO)
What's Next?
Use these signals to adjust your trading strategy. Remember to:
- Confirm signals with other indicators
- Set stop-loss orders
- Monitor market news and trends
Stay Informed:
Follow our daily technical analysis for actionable insights.
Resources:
- Investopedia's Technical Analysis Guide
- TradingView's Indicator Library
- CryptoSlate's Market Analysis
Join the Conversation:
Share your trading strategies!
#TechnicalAnalysis#CryptoTrading#MACD #CryptocurrencyTravel
šŸ’„šŸ’„šŸ’„ $XRP Price Gains Momentum: Is a Surge to $0.80 Possible? XRP Price Surges Over 10%, Eyeing New Highs Above $0.6603 Support - XRP has seen a strong gain of over 10%, maintaining a solid position above the $0.6603 support zone and recently testing resistance around $0.740. Although a slight correction has followed, the outlook remains bullish. 1. XRP began a strong upward move above the $0.6603 resistance. 2. Currently trading above $0.6650 and above the 100-hourly Simple Moving Average. 3. A key bullish trend line provides support at $0.6603 on the XRP/USD hourly chart (data from Kraken). 4. If the price stays above the $0.6603 support zone, it could spark another rally. XRP Price Targeting New Highs - XRP held firmly above $0.6300, forming a base before launching a fresh rally above $0.6500. It has outperformed both #bitcoinā˜€ļø and Ethereum recently, rising above the $0.700 level. - XRP peaked near $0.740 before pulling back to $0.700, finding support around the 50% Fib level from the $0.630 swing low. It currently holds above $0.665 & the 100-hour SMA, with additional support at $0.660 near the 76.4% Fib level. - Resistance lies around $0.700, with the first major barrier at $0.7080. If XRP clears this level, the next targets are $0.7250 and then $0.740. A sustained breakout beyond $0.7250 could propel the price toward $0.7550 or even $0.7650, with a key hurdle at $0.780. Potential Downside Risks - If XRP fails to break the $0.7080 resistance, it may face a decline. Initial support is around $0.6750, with a stronger level at $0.6650 & the trend line at $0.6603. A decisive drop below $0.6603 could drive the price toward $0.6400, with additional support at $0.6300. Technical Indicators - Hourly #MACD ā€“ Slowing down in the bullish zone. - Hourly RSI ā€“ Positioned above 50, reflecting bullish momentum. - Key Support Levels ā€“ $0.6750, $0.6603 - Key Resistance Levels ā€“ $0.7080, $0.7250 XRPā€™s performance suggests potential for higher gains if it maintains its position above critical support zones. #BinanceSquareTrends
šŸ’„šŸ’„šŸ’„ $XRP Price Gains Momentum: Is a Surge to $0.80 Possible?

XRP Price Surges Over 10%, Eyeing New Highs Above $0.6603 Support

- XRP has seen a strong gain of over 10%, maintaining a solid position above the $0.6603 support zone and recently testing resistance around $0.740. Although a slight correction has followed, the outlook remains bullish.

1. XRP began a strong upward move above the $0.6603 resistance.

2. Currently trading above $0.6650 and above the 100-hourly Simple Moving Average.

3. A key bullish trend line provides support at $0.6603 on the XRP/USD hourly chart (data from Kraken).

4. If the price stays above the $0.6603 support zone, it could spark another rally.

XRP Price Targeting New Highs

- XRP held firmly above $0.6300, forming a base before launching a fresh rally above $0.6500. It has outperformed both #bitcoinā˜€ļø and Ethereum recently, rising above the $0.700 level.

- XRP peaked near $0.740 before pulling back to $0.700, finding support around the 50% Fib level from the $0.630 swing low. It currently holds above $0.665 & the 100-hour SMA, with additional support at $0.660 near the 76.4% Fib level.

- Resistance lies around $0.700, with the first major barrier at $0.7080. If XRP clears this level, the next targets are $0.7250 and then $0.740. A sustained breakout beyond $0.7250 could propel the price toward $0.7550 or even $0.7650, with a key hurdle at $0.780.

Potential Downside Risks

- If XRP fails to break the $0.7080 resistance, it may face a decline. Initial support is around $0.6750, with a stronger level at $0.6650 & the trend line at $0.6603. A decisive drop below $0.6603 could drive the price toward $0.6400, with additional support at $0.6300.

Technical Indicators

- Hourly #MACD ā€“ Slowing down in the bullish zone.

- Hourly RSI ā€“ Positioned above 50, reflecting bullish momentum.

- Key Support Levels ā€“ $0.6750, $0.6603

- Key Resistance Levels ā€“ $0.7080, $0.7250

XRPā€™s performance suggests potential for higher gains if it maintains its position above critical support zones.

#BinanceSquareTrends
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šŸ”„šŸ”„šŸ”„ Solana Price Analysis: $SOL Reaches $225ā€”Is a New All-Time High in Sight? Solanaā€™s Price Surge Captivates Investors Despite Minor Pullback - Solana recently reached a high of $225, capturing investor interest as it marked a significant milestone. Currently trading at $205, SOL has seen a 3.79% dip from its recent highs, indicating potential resistance at those levels. However, with a 24-hour trading volume of $12.4 billion, strong activity and liquidity continue to reflect robust investor confidence. SOLā€™s market cap is approximately $96.5 billion, raising the question of whether this pullback is temporary or if Solana is poised for another upward push toward new highs. - Technical Indicators Point to Sustained Bullish Momentum Solanaā€™s price remains above the Ichimoku Cloud, reinforcing a bullish outlook. The #MACD line at 13.82 has crossed above the signal line, signaling continued positive momentum. Should SOL breach $220, it may next target $240, ultimately aiming to reclaim its all-time high of $260ā€”about 27% above its current price. Key support levels now lie at $200 and $205; a fall below $200 could signal a potential trend reversal. #Solanaā€™s Network Activity Dominates 2024 - Solana has recorded over 10 billion transactions so far in 2024, solidifying its leading position in the blockchain sector. Competing platforms, such as Near and Tron, have recorded 1.9 billion and 1.95 billion transactions, respectively, while BNB Chain, Polygon, and Base trail behind with counts between 1.1 billion and 1.2 billion. Solanaā€™s high transaction volume highlights the platform's scalability and low transaction costs, driving demand for its decentralized applications and smart contracts. #BullishMarket Sentiment Surrounding Solana - Market sentiment for Solana is optimistic, with retail sentiment slightly positive at 0.08 and stronger institutional confidence at 1.31. This alignment suggests potential for near-term growth, as both retail and institutional investors lean bullish. #BinanceSquareTalks #CryptoMarketTrend
šŸ”„šŸ”„šŸ”„ Solana Price Analysis: $SOL Reaches $225ā€”Is a New All-Time High in Sight?

Solanaā€™s Price Surge Captivates Investors Despite Minor Pullback

- Solana recently reached a high of $225, capturing investor interest as it marked a significant milestone. Currently trading at $205, SOL has seen a 3.79% dip from its recent highs, indicating potential resistance at those levels. However, with a 24-hour trading volume of $12.4 billion, strong activity and liquidity continue to reflect robust investor confidence. SOLā€™s market cap is approximately $96.5 billion, raising the question of whether this pullback is temporary or if Solana is poised for another upward push toward new highs.

- Technical Indicators Point to Sustained Bullish Momentum
Solanaā€™s price remains above the Ichimoku Cloud, reinforcing a bullish outlook. The #MACD line at 13.82 has crossed above the signal line, signaling continued positive momentum. Should SOL breach $220, it may next target $240, ultimately aiming to reclaim its all-time high of $260ā€”about 27% above its current price. Key support levels now lie at $200 and $205; a fall below $200 could signal a potential trend reversal.

#Solanaā€™s Network Activity Dominates 2024

- Solana has recorded over 10 billion transactions so far in 2024, solidifying its leading position in the blockchain sector. Competing platforms, such as Near and Tron, have recorded 1.9 billion and 1.95 billion transactions, respectively, while BNB Chain, Polygon, and Base trail behind with counts between 1.1 billion and 1.2 billion. Solanaā€™s high transaction volume highlights the platform's scalability and low transaction costs, driving demand for its decentralized applications and smart contracts.

#BullishMarket Sentiment Surrounding Solana

- Market sentiment for Solana is optimistic, with retail sentiment slightly positive at 0.08 and stronger institutional confidence at 1.31. This alignment suggests potential for near-term growth, as both retail and institutional investors lean bullish.

#BinanceSquareTalks #CryptoMarketTrend
Bears may be winning giving bulls some rough time in the past 4 days, but #BTC is still #bullish on the week chart with #MACD still + and DIF above DEA. If it holds support in the weekend, the weekly bullish trend might continue next week. #nfa #dyor
Bears may be winning giving bulls some rough time in the past 4 days, but #BTC is still #bullish on the week chart with #MACD still + and DIF above DEA.

If it holds support in the weekend, the weekly bullish trend might continue next week.

#nfa #dyor
Quick $BONK Technical Analysis! šŸ¦“ āš¾Current Price: $0.0000171 āš¾Market Cap: $1.04B (#58 ranking) āš¾RSI: 40 - Slowly approaching oversold territory āš¾SMA & EMA: Both showing gradual declines, indicating bearish sentiment āš¾Bollinger Bands: Narrow range, suggesting lower short-term volatility āš¾MACD & AO: Both indicators signaling bearish trends āš¾Volume: Up in the last week, but down by over 50% for the month Despite some short-term gains, most technical indicators suggest caution. Remember that technical analysis is only a tool and has its limitations! #BONK #TechnicalAnalysis #RSI #MACD
Quick $BONK Technical Analysis! šŸ¦“

āš¾Current Price: $0.0000171
āš¾Market Cap: $1.04B (#58 ranking)
āš¾RSI: 40 - Slowly approaching oversold territory
āš¾SMA & EMA: Both showing gradual declines, indicating bearish sentiment
āš¾Bollinger Bands: Narrow range, suggesting lower short-term volatility
āš¾MACD & AO: Both indicators signaling bearish trends
āš¾Volume: Up in the last week, but down by over 50% for the month

Despite some short-term gains, most technical indicators suggest caution. Remember that technical analysis is only a tool and has its limitations!

#BONK #TechnicalAnalysis #RSI #MACD
šŸš€šŸš€šŸš€ Ethereum Price Tops At 100 SMA, Why $ETH Could Struggle In Near Term Ethereum's attempt to rally above the $2,300 resistance has faltered, signaling potential bearish momentum. The #cryptocurrency faces hurdles near $2,280 and struggles to surpass the 100-hourly Simple Moving Average. A bearish trend line is forming, with resistance at $2,280 on the hourly ETH/USD chart. Despite briefly surpassing $2,200 and $2,220, Ethereum encountered resistance near $2,300 and the 100-hourly SMA. The failure to breach the 76.4% Fib retracement level of the downward move from $2,430 to $1,860 adds to the challenges. The current struggle centers around clearing $2,280 and $2,300 resistance levels. Ethereum now trades below $2,300 and the 100-hourly SMA. However, it remains above the 23.6% Fib retracement level of the upward move from the $1,860 swing low to the $2,289 high. On the upside, hurdles include the $2,280 level and the #bearish trend line. The critical resistance lies at $2,300, and a successful breach could initiate a positive move towards $2,400. A decisive close above $2,400 might propel Ethereum towards $2,500, with a potential rally to test the $2,620 zone. However, failure to clear the $2,300 resistance may prompt a fresh decline. Initial support is near $2,185, followed by a crucial level at $2,075 or the 50% Fib retracement level. A breakdown below $2,075 could lead to a sustained decline, testing the $2,000 support. Further losses may drive Ethereum towards the $1,860 level. Technical indicators show signs of waning bullish momentum, with the hourly #MACD losing strength in the bullish zone, and the hourly RSI dropping below the 50 level. In summary, Ethereum faces a critical juncture at the $2,300 resistance, with the potential for either a renewed upward move or a bearish reversal toward key support levels. Traders should closely monitor the price action for confirmation of the next directional trend. Source - newsbtc.com #CryptoNewsšŸ”’šŸ“°šŸš« #BinanceSquare
šŸš€šŸš€šŸš€ Ethereum Price Tops At 100 SMA, Why $ETH Could Struggle In Near Term

Ethereum's attempt to rally above the $2,300 resistance has faltered, signaling potential bearish momentum. The #cryptocurrency faces hurdles near $2,280 and struggles to surpass the 100-hourly Simple Moving Average. A bearish trend line is forming, with resistance at $2,280 on the hourly ETH/USD chart.

Despite briefly surpassing $2,200 and $2,220, Ethereum encountered resistance near $2,300 and the 100-hourly SMA. The failure to breach the 76.4% Fib retracement level of the downward move from $2,430 to $1,860 adds to the challenges. The current struggle centers around clearing $2,280 and $2,300 resistance levels.

Ethereum now trades below $2,300 and the 100-hourly SMA. However, it remains above the 23.6% Fib retracement level of the upward move from the $1,860 swing low to the $2,289 high.
On the upside, hurdles include the $2,280 level and the #bearish trend line. The critical resistance lies at $2,300, and a successful breach could initiate a positive move towards $2,400. A decisive close above $2,400 might propel Ethereum towards $2,500, with a potential rally to test the $2,620 zone.

However, failure to clear the $2,300 resistance may prompt a fresh decline. Initial support is near $2,185, followed by a crucial level at $2,075 or the 50% Fib retracement level. A breakdown below $2,075 could lead to a sustained decline, testing the $2,000 support. Further losses may drive Ethereum towards the $1,860 level.

Technical indicators show signs of waning bullish momentum, with the hourly #MACD losing strength in the bullish zone, and the hourly RSI dropping below the 50 level.

In summary, Ethereum faces a critical juncture at the $2,300 resistance, with the potential for either a renewed upward move or a bearish reversal toward key support levels. Traders should closely monitor the price action for confirmation of the next directional trend.

Source - newsbtc.com

#CryptoNewsšŸ”’šŸ“°šŸš« #BinanceSquare
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šŸš€šŸš€šŸš€ #Ethereum2024 Price Avoids Trend Reversal But Key Hurdle Still Intact Ethereum's price demonstrated resilience by holding above $2,170 and recovering losses. Despite consolidation, it encounters obstacles around $2,350 and $2,400. Currently, Ethereum is making an effort to surpass the $2,300 resistance level. The price is above $2,250 and the 100-hourly Simple Moving Average. Notably, a bullish trend emerged with a break above a bearish trend line near $2,245 on the hourly ETH/USD chart. Although Ethereum reached $2,358, it faces correction, dipping below $2,320. The drop went below the 23.6% Fibonacci retracement level of the upward move from the $2,170 low to the $2,358 high. Presently, ETH trades above $2,250 and the 100-hourly SMA. For a potential uptrend, overcoming resistance at $2,350 is crucial. The primary hurdle is at $2,450, and breaching it might initiate a substantial upward movement. Further resistance levels lie at $2,540 and a potential rally towards $2,720. Extended gains could propel the price to the $2,800 zone. However, failure to surpass the $2,350 resistance could lead to a fresh decline. Initial support is at $2,280, followed by the $2,260 zone or the 50% Fibonacci retracement level. A close below $2,260 may trigger further losses, testing the $2,170 support, with a potential drop to $2,050. Examining technical indicators, the hourly #MACD for ETH/USD shows a diminishing bullish momentum, while the hourly RSI is above the 50 level. In summary: - Resistance levels: $2,350, $2,450, $2,540, $2,720, $2,800Support levels: $2,280, $2,260, $2,170, $2,050 - Technical indicators: MACD losing bullish momentum, #RSI above 50 Source - newsbtc.com #CryptoNewsšŸ”’šŸ“°šŸš« #BinanceSquare $ETH
šŸš€šŸš€šŸš€ #Ethereum2024 Price Avoids Trend Reversal But Key Hurdle Still Intact

Ethereum's price demonstrated resilience by holding above $2,170 and recovering losses. Despite consolidation, it encounters obstacles around $2,350 and $2,400.
Currently, Ethereum is making an effort to surpass the $2,300 resistance level. The price is above $2,250 and the 100-hourly Simple Moving Average. Notably, a bullish trend emerged with a break above a bearish trend line near $2,245 on the hourly ETH/USD chart.

Although Ethereum reached $2,358, it faces correction, dipping below $2,320. The drop went below the 23.6% Fibonacci retracement level of the upward move from the $2,170 low to the $2,358 high.

Presently, ETH trades above $2,250 and the 100-hourly SMA. For a potential uptrend, overcoming resistance at $2,350 is crucial. The primary hurdle is at $2,450, and breaching it might initiate a substantial upward movement. Further resistance levels lie at $2,540 and a potential rally towards $2,720. Extended gains could propel the price to the $2,800 zone.

However, failure to surpass the $2,350 resistance could lead to a fresh decline. Initial support is at $2,280, followed by the $2,260 zone or the 50% Fibonacci retracement level. A close below $2,260 may trigger further losses, testing the $2,170 support, with a potential drop to $2,050.

Examining technical indicators, the hourly #MACD for ETH/USD shows a diminishing bullish momentum, while the hourly RSI is above the 50 level.

In summary:

- Resistance levels: $2,350, $2,450, $2,540, $2,720, $2,800Support levels: $2,280, $2,260, $2,170, $2,050

- Technical indicators: MACD losing bullish momentum, #RSI above 50

Source - newsbtc.com

#CryptoNewsšŸ”’šŸ“°šŸš« #BinanceSquare $ETH
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#BinanceSquare #MACD Indicator ( Moving Average Convergence Divergence ) If you want to have a successful trade , then. Use this indicator for technical analysis and get profit with boomšŸ„³šŸ¤©
#BinanceSquare
#MACD Indicator ( Moving Average Convergence Divergence )
If you want to have a successful trade , then. Use this indicator for technical analysis and get profit with boomšŸ„³šŸ¤©
Guide on MACD Indicator In CryptocurrencyThe Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market. The MACD is a versatile indicator that can help traders identify trends, momentum, and potential buying and selling opportunities. In this article, we will provide a short and exclusive guide on the MACD indicator. What is MACD? The MACD is a trend-following momentum indicator that is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. A 9-period EMA, known as the signal line, is then plotted on top of the MACD line to act as a trigger for buy and sell signals. The MACD is displayed as a histogram, which oscillates above and below the zero line. How to Use MACD The MACD can be used in several ways to help traders identify trends, momentum, and potential buying and selling opportunities: Identifying Trends The MACD can be used to identify trends in the price of a cryptocurrency. When the MACD line is above the signal line, it indicates an uptrend, and when the MACD line is below the signal line, it indicates a downtrend. Identifying Momentum The MACD can also be used to identify changes in momentum. When the MACD line crosses above the signal line, it indicates a bullish momentum, and when the MACD line crosses below the signal line, it indicates a bearish momentum. Divergence Divergence occurs when the price of a cryptocurrency is moving in the opposite direction of the MACD. Bullish divergence occurs when the price of a cryptocurrency is making lower lows while the MACD is making higher lows. This can indicate a potential buying opportunity. Bearish divergence occurs when the price of a cryptocurrency is making higher highs while the MACD is making lower highs. This can indicate a potential selling opportunity. Histogram The histogram on the MACD chart represents the difference between the MACD line and the signal line. When the histogram is above the zero line, it indicates bullish momentum, and when the histogram is below the zero line, it indicates bearish momentum. Conclusion The MACD is a powerful tool in technical analysis that can help traders identify trends, momentum, and potential buying and selling opportunities. By understanding how to use the MACD, traders can make more informed trading decisions and increase their chances of success in the cryptocurrency markets. However, it's important to remember that no indicator is perfect, and traders should always use multiple indicators and analysis methods to make trading decisions. #MACD #technicalanalysis #crypto #buildtogether

Guide on MACD Indicator In Cryptocurrency

The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market. The MACD is a versatile indicator that can help traders identify trends, momentum, and potential buying and selling opportunities. In this article, we will provide a short and exclusive guide on the MACD indicator.

What is MACD?

The MACD is a trend-following momentum indicator that is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. A 9-period EMA, known as the signal line, is then plotted on top of the MACD line to act as a trigger for buy and sell signals. The MACD is displayed as a histogram, which oscillates above and below the zero line.

How to Use MACD

The MACD can be used in several ways to help traders identify trends, momentum, and potential buying and selling opportunities:

Identifying Trends

The MACD can be used to identify trends in the price of a cryptocurrency. When the MACD line is above the signal line, it indicates an uptrend, and when the MACD line is below the signal line, it indicates a downtrend.

Identifying Momentum

The MACD can also be used to identify changes in momentum. When the MACD line crosses above the signal line, it indicates a bullish momentum, and when the MACD line crosses below the signal line, it indicates a bearish momentum.

Divergence

Divergence occurs when the price of a cryptocurrency is moving in the opposite direction of the MACD. Bullish divergence occurs when the price of a cryptocurrency is making lower lows while the MACD is making higher lows. This can indicate a potential buying opportunity. Bearish divergence occurs when the price of a cryptocurrency is making higher highs while the MACD is making lower highs. This can indicate a potential selling opportunity.

Histogram

The histogram on the MACD chart represents the difference between the MACD line and the signal line. When the histogram is above the zero line, it indicates bullish momentum, and when the histogram is below the zero line, it indicates bearish momentum.

Conclusion

The MACD is a powerful tool in technical analysis that can help traders identify trends, momentum, and potential buying and selling opportunities. By understanding how to use the MACD, traders can make more informed trading decisions and increase their chances of success in the cryptocurrency markets. However, it's important to remember that no indicator is perfect, and traders should always use multiple indicators and analysis methods to make trading decisions.

#MACD #technicalanalysis #crypto #buildtogether

Moving Average Convergence Divergence (MACD) #Educational Moving Average Convergence Divergence (MACD) MACD is a momentum indicator which shows the relationship between the two moving averages, i.e. 26 EMA and 12 EMA. It consists of the MACD line and the signal line. The MACD line is the difference between the 26 EMA and 12 EMA, and the signal line is 9 EMA. The buying signal is generated by MACD when the MACD line crosses the signal line from below, and the selling signal is generated when the MACD line crosses the signal line from above, as shown. #Binance #BTC #MACD #crypto2023 #leontech

Moving Average Convergence Divergence (MACD)

#Educational Moving Average Convergence Divergence (MACD)

MACD is a momentum indicator which shows the relationship between the two moving averages, i.e. 26 EMA and 12 EMA.

It consists of the MACD line and the signal line. The MACD line is the difference between the 26 EMA and 12 EMA, and the signal line is 9 EMA.

The buying signal is generated by MACD when the MACD line crosses the signal line from below, and the selling signal is generated when the MACD line crosses the signal line from above, as shown.

#Binance #BTC #MACD #crypto2023 #leontech
What is MACD ? The Moving Average Convergence Divergence (#MACD ) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart. 1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes. 2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals. 3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line. #BTC #BONK #Ledger
What is MACD ?

The Moving Average Convergence Divergence (#MACD ) is a trend-following momentum indicator that helps traders and analysts identify potential buy and sell signals in an asset's price chart.

1. MACD Line (Blue Line): This is the difference between the 26-period Exponential Moving Average (EMA) and the 12-period EMA. The MACD line is more responsive to short-term price changes.

2. Signal Line (Orange Line): This is a 9-period EMA of the MACD line. It's used to generate trading signals.

3. Histogram: The histogram is the vertical bars that represent the difference between the MACD line and the signal line. It provides a visual representation of the MACD's divergence from the signal line.
#BTC #BONK #Ledger
#Bitcoin Ā and #MACD Similar behavior inĀ $BTC Ā price action and #MACD action can be seen. We may see a Parabolic uptrend lasting for weeks!!šŸ”„ $BTC $MACD
#Bitcoin Ā and #MACD
Similar behavior inĀ $BTC Ā price action and #MACD action can be seen.
We may see a Parabolic uptrend lasting for weeks!!šŸ”„

$BTC $MACD
LIVE
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Bullish
$BTC pumped after clearing downward liquidity below the horizontal support and breakout the descending triangle with a good volume. #MACD crossover is showing bullish momentum. Currently, it is facing horizontal resistance. Cloud would bring a strong bullish rally. šŸš€ #dyor
$BTC pumped after clearing downward liquidity below the horizontal support and breakout the descending triangle with a good volume.
#MACD crossover is showing bullish momentum.

Currently, it is facing horizontal resistance.
Cloud would bring a strong bullish rally. šŸš€
#dyor
šŸ“ŠĀ $BTC Ā Technical Update: šŸŒ Daily: Bearish trend asĀ $BTC Ā remains under the Ichimoku Cloud. MACD shows bearish momentum with the signal line above MACD. ā±ļø Hourly: Mixed signals. Watch for potential reversals if price breaks the Cloud. šŸ•’ 15-Min: Volatile with frequent trade opportunities. Price near Cloud; MACD close to zero line crossover. šŸš€Ā #CryptoTrading Ā Tip: Keep an eye on multi-timeframe alignment for stronger signals. Always manage risks wisely! šŸ“‰Ā #Bitcoin Ā #Ichimoku Ā #MACD
šŸ“ŠĀ $BTC Ā Technical Update:
šŸŒ Daily: Bearish trend asĀ $BTC Ā remains under the Ichimoku Cloud. MACD shows bearish momentum with the signal line above MACD.
ā±ļø Hourly: Mixed signals. Watch for potential reversals if price breaks the Cloud.
šŸ•’ 15-Min: Volatile with frequent trade opportunities. Price near Cloud; MACD close to zero line crossover.
šŸš€Ā #CryptoTrading Ā Tip: Keep an eye on multi-timeframe alignment for stronger signals. Always manage risks wisely!
šŸ“‰Ā #Bitcoin Ā #Ichimoku Ā #MACD
Market indicators such as the #MACD suggest a bullish crossover for #Fantom while the Money Flow Index (#MFI )also reflects increased inflows. $FTM with a notable 11% surge in the past 24hrs, reaching around $0.53 This bullish momentum is driven by strong on-chain fundamentals
Market indicators such as the #MACD suggest a bullish crossover for #Fantom while the Money Flow Index (#MFI )also reflects increased inflows.
$FTM with a notable 11% surge in the past 24hrs, reaching around $0.53
This bullish momentum is driven by strong on-chain fundamentals
LIVE
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Bearish
šŸ’„šŸ’„šŸ’„ #bitcoinprice Faces Potential Dive: Key Support Levels to Monitor Bitcoin Price Struggles Below Resistance, Risking Further Decline - Bitcoin's price failed to reclaim levels above the $62,500 resistance zone & is displaying bearish signals, potentially dropping below the crucial $60,000 support. Bitcoin Faces Resistance #BEARISHšŸ“‰ Trend - Bitcoin attempted a recovery above the $61,200 mark but encountered strong resistance near $62,500. The subsequent decline saw the price falling below $61,500 & the 23.6% Fibonacci retracement level of the upward move from the $58,448 low to $62,454 high. - Currently, BTC is trading below $62,000 & the 100-hourly Simple Moving Average, indicating bearish momentum. A significant bearish trend line is forming with resistance around $61,850 on the hourly chart of the BTC/USD pair sourced from Kraken. Potential Scenarios for Bitcoin Price - If Bitcoin manages to break above the $62,000 resistance, it could initiate a steady upward move. Key resistances on the way up include $61,500, $61,850 (trend line resistance), and $62,000. A clear break above $62,000 might pave the way for a test of the $62,500 resistance, with further gains possibly targeting $63,500. - However, failure to breach the $62,000 resistance zone could lead to another downward movement. Initial support is near $60,450, followed by a crucial support level at $60,000. Further downside pressure might push BTC towards $59,500 & potentially down to the $58,500 support area in the near term. Technical Indicators - Hourly MACD: The #MACD is currently in the bearish zone, indicating increased selling pressure. - Hourly RSI (Relative Strength Index): The #RSI for BTC/USD is below the 50 level, suggesting bearish momentum. Summary Bitcoin faces resistance near $62,000 & $62,500 after failing to sustain above the $62,500 level. A break above $62,000 is crucial for potential upside towards higher resistances. Conversely, a failure to hold above $60,000 may lead to further losses with initial supports near $60,450 & $60,000. Source - newsbtc.com
šŸ’„šŸ’„šŸ’„ #bitcoinprice Faces Potential Dive: Key Support Levels to Monitor

Bitcoin Price Struggles Below Resistance, Risking Further Decline

- Bitcoin's price failed to reclaim levels above the $62,500 resistance zone & is displaying bearish signals, potentially dropping below the crucial $60,000 support.

Bitcoin Faces Resistance #BEARISHšŸ“‰ Trend

- Bitcoin attempted a recovery above the $61,200 mark but encountered strong resistance near $62,500. The subsequent decline saw the price falling below $61,500 & the 23.6% Fibonacci retracement level of the upward move from the $58,448 low to $62,454 high.

- Currently, BTC is trading below $62,000 & the 100-hourly Simple Moving Average, indicating bearish momentum. A significant bearish trend line is forming with resistance around $61,850 on the hourly chart of the BTC/USD pair sourced from Kraken.

Potential Scenarios for Bitcoin Price

- If Bitcoin manages to break above the $62,000 resistance, it could initiate a steady upward move. Key resistances on the way up include $61,500, $61,850 (trend line resistance), and $62,000. A clear break above $62,000 might pave the way for a test of the $62,500 resistance, with further gains possibly targeting $63,500.

- However, failure to breach the $62,000 resistance zone could lead to another downward movement. Initial support is near $60,450, followed by a crucial support level at $60,000. Further downside pressure might push BTC towards $59,500 & potentially down to the $58,500 support area in the near term.

Technical Indicators

- Hourly MACD: The #MACD is currently in the bearish zone, indicating increased selling pressure.

- Hourly RSI (Relative Strength Index): The #RSI for BTC/USD is below the 50 level, suggesting bearish momentum.

Summary

Bitcoin faces resistance near $62,000 & $62,500 after failing to sustain above the $62,500 level. A break above $62,000 is crucial for potential upside towards higher resistances.
Conversely, a failure to hold above $60,000 may lead to further losses with initial supports near $60,450 & $60,000.

Source - newsbtc.com
Are Dips Supported In ETH? If Ethereum fails to clear the $3,050 resistance, it could start a downside correction. Initial support on the downside is near the $3,000 level. The first major support is near the $2,950 zone or the 50% Fib retracement level of the recent wave from the $2,860 swing low to the $3,039 high. The next support is near the $2,930 level. A clear move below the $2,930 support might push the price toward $2,900. Any more losses might send the price toward the $2,860 level in the near term. Technical Indicators Hourly MACDĀ ā€“Ā The #MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSIĀ ā€“Ā The RSI for ETH/USD is now above the 50 level. Major Support Level ā€“ $2,950 Major Resistance Level ā€“ $3,050 #Write2Earn i believe you can do it šŸ˜Ž like and follow to support mešŸ‘
Are Dips Supported In ETH?

If Ethereum fails to clear the $3,050 resistance, it could start a downside correction. Initial support on the downside is near the $3,000 level. The first major support is near the $2,950 zone or the 50% Fib retracement level of the recent wave from the $2,860 swing low to the $3,039 high.

The next support is near the $2,930 level. A clear move below the $2,930 support might push the price toward $2,900. Any more losses might send the price toward the $2,860 level in the near term.

Technical Indicators

Hourly MACDĀ ā€“Ā The #MACD for ETH/USD is losing momentum in the bullish zone.

Hourly RSIĀ ā€“Ā The RSI for ETH/USD is now above the 50 level.

Major Support Level ā€“ $2,950

Major Resistance Level ā€“ $3,050

#Write2Earn
i believe you can do it šŸ˜Ž like and follow to support mešŸ‘
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