Bitcoin Price Forecast Update Today 12-12-2024

Bitcoin (BTCUSD) price is fluctuating around the $101000.00 level, and is affected by the negativity of the Stochastic indicator that hinders the price's mission to rise, waiting for a positive incentive that contributes to pushing the price to resume the upward wave targeting the $104060.00 levels and then $106000.00 as subsequent positive stations.

Therefore, we continue to favor the upward trend for the coming period unless the $98270.00 level is broken and stabilized below it.

The expected trading range for today is between the support $99500.00 and the resistance $105000.00

Price forecast for today: High $BTC

#BTCReclaims101K
Ethereum Price Forecast Update Today 12-12-2024

Ethereum (ETHUSD) price trading is stable above the ascending channel support, reinforcing expectations of the continuation of the upward trend during the upcoming sessions, awaiting a preliminary test of the $4086.00 level, noting that breaching it will push the price towards $4200.00 directly.

The 50 moving average supports the proposed upward wave, which will remain in place provided that it remains above the $3780.00 level.

The expected trading range for today is between the support $3800.00 and the resistance $4070.00

Today's price forecast: High $ETH

Evening Update and Bitcoin Price Forecast 11-12-2024

Bitcoin (BTCUSD) price surged upwards to break the $98000.00 level, confirming the halt of the bearish corrective scenario suggested in our recent reports, heading towards visiting the $104060.00 level as a next positive station, taking into account that breaking $98070.00 will halt the current rise and put the price under negative pressure again. $BTC

Evening update and forecast for Ethereum price 11-12-2024

Ethereum (ETHUSD) price confirmed breaking the $3680.00 level to head towards trying to regain the main upward trend, noting that continuing the rise and breaking $3855.00 will return the price to the ascending channel to head towards achieving gains of up to $4086.00 as a next positive station, noting that the continuation of the upward wave depends on stability above the $3680.00 level. $ETH

dogwifhat (WIFUSD) Exhausts Its Positive Opportunities - Analysis - 11-12-2024

The price of dogwifhat (WIFUSD) settled at a decline during its recent trading at the moment levels, amid the occurrence of negative signals on the relative strength indicators, so that the price remains based on the support of its simple moving average for the previous period of 50 days, in light of its trading along a minor upward trend line in the short term, so that the price tries to gain positive momentum that may help it recover and rise again.

Therefore, we expect the price of the currency to rise during its upcoming trading, especially in the event that the support level of $2.8941 remains stable, targeting the pivotal resistance level of $4.8571.

The expected direction for the upcoming trading: Likely to rise $WIF

First Digital (FDUSDUSD) rises along a bearish trend line - Analysis - 11-12-2024

The price of First Digital USD (FDUSDUSD) jumped higher during its recent trading at the moment levels, as the price succeeded in crossing the resistance of its previous 50-day simple moving average, to get rid of its negative pressure, but the price continues to move along a bearish trend line in the medium term, with the beginning of negative signals on the relative strength indicators, after reaching areas of severe saturation with buying operations, which may double the negative pressures on the price.

Therefore, our expectations suggest that the currency price will return to decline during its upcoming trading, as long as the resistance level of $1.00086 remains stable, targeting the pivotal support level of $0.99561.

The expected direction for the upcoming trading: Likely to decline $FDUSD

Ripple (XRPUSD) is witnessing volatile trading - Analysis - 11-12-2024

The price of Ripple (XRPUSD) stabilized at an increase during its recent trading at the moment levels, to witness early volatile trading after it tried during its previous trading to search for an ascending bottom to take as a base to help it gain the necessary positive momentum to regain its recovery, in light of the dominance of the main upward trend in the short term, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, as we notice the beginning of the emergence of a positive intersection with the relative strength indicators, after reaching areas of severe saturation with selling operations.

Therefore, we expect the price of the currency to rise during its upcoming trading, as long as the support level of $1.89910 remains stable, targeting the pivotal resistance level of $2.90550.

The expected direction for the upcoming trading: Upward $XRP

WLD (WLDUSD) receives some support - Analysis - 11-12-2024

The price of WLD (WLDUSD) has advanced during its recent trading at the moment levels, as a result of its reliance on a short-term upward corrective trend line, and this coincided with its reliance on the support of its previous 50-day simple moving average, which gained it some positive momentum that helped it achieve those early gains for today, especially with the relative strength indicators reaching exaggerated oversold areas compared to the price movement.

Therefore, we expect the price of the currency to rise during its upcoming trading, provided that the support level of $2.53258459 remains stable, to target the important resistance level of $4.18870697 again.

The expected direction for the upcoming trading: It is likely to rise $WLD

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Sui (SUIUSD) is trying to recover - Analysis - 11-12-2024

The price of Sui (SUIUSD) rose slightly during its recent trading at the moment levels, after the price succeeded in its previous trading in disposing of its overbought condition that was clear in the relative strength indicators, amid the dominance of the main upward trend and its trading along the trend line, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, so that the price begins to recover.

Therefore, we expect the price of the currency to rise during its upcoming trading, as long as the support level of $2.9694 remains stable, to target the resistance level of $4.4900 again.

The expected direction for the upcoming trading: Upward $SUI

Keep it up!

Evening update and expectations for Bitcoin price 10-12-2024

Bitcoin (BTCUSD) price resumes its negative trading to reach the $95000.00 barrier, awaiting further decline targeting testing the $93405.00 level as a first stop, noting that breaking it will push the price towards $90670.00 as a next target, while the expected decline will remain in place unless the $100140.00 level is breached and stabilized above it.
$BTC

Evening update and forecast for Ethereum price 10-12-2024

Ethereum (ETHUSD) price achieved a strong break of the 23.6% Fibonacci level to confirm the continuation of the bearish corrective trend during the upcoming sessions, and the path is open to achieve our next corrective target at $3425.50, noting that the continuation of the bearish wave requires stability below the $3680.00 level.
$ETH

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Bitcoin Price Forecast Update Today 10-12-2024

Bitcoin (BTCUSD) price trading is stable below the $100140.00 level, and is under the negative pressure formed by the 50 moving average, and therefore, the downward trend scenario will remain in place for the coming period, reminding that our targets start at $93405.00 and extend to $90670.00 and then $86810.00 after breaking the first level, reminding of the importance of stability below $100140.00 for the expected decline to continue.

The expected trading range for today is between the support $92000.00 and the resistance $99000.00

Price forecast for today: Low $BTC

Ethereum Price Forecast Update Today 10-12-2024

Ethereum (ETHUSD) price made an attempt to break the 23.6% Fibonacci correction level but finds strong support there, showing some bullish bias, and as long as the price is below $3810.00, the bearish corrective trend scenario will remain in place for the coming period, supported by the negative pressure formed by the 50 moving average, noting that our next main target extends to $3425.50.

The expected trading range for today is between the support $3530.00 and the resistance $3800.00

Today's price forecast: Low $ETH

Bonk (Bonk) is based on the support of its simple moving average - Analysis - 10-12-2024

The price of Bonk (Bonk) has decreased during its recent trading at the moment levels, with the return of negative signals in the relative strength indicators, after the price succeeded during its previous trading in disposing of some of its buying saturation with it, amid the price's attempts to search for an ascending bottom from which it can take a base that may help it gain the necessary positive momentum to regain its recovery, to rely on the support of its simple moving average for the previous 50-day period, in light of the dominance of the upward trend in the short term.

Therefore, we expect the price of the currency to rise again during its upcoming trading, to target the resistance level of $0.00006230 again, as long as the support level of $0.00003389 remains stable.

The expected direction for the upcoming trading: It is likely to rise $BONK

Hedera Hashgraph (HBARUSD) is trying to recover - Analysis - 10-12-2024

The price of Hedera Hashgraph (HBARUSD) has risen slightly during its recent trading at the moment levels, amid the dominance of the upward trend in the short term, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, but in light of the above, we notice the occurrence of negative signals in the relative strength indicators, which curbed the recent price gains.

Therefore, our expectations indicate an increase in the price of the currency during its upcoming trading, as long as the support level of $0.17028952 remains stable, targeting the pivotal resistance level of $0.39302107.

The expected direction for the upcoming trading: Upward $HBAR