Passionate crypto trader with over 5 years of experience in buying and selling cryptocurrencies. I specialize in using technical analysis to identify trends.
XRP/USD Price Analysis is currently trading within a well-defined ascending channel, showing a potential bullish structure. As seen in the weekly chart, the price has been moving upwards within this channel with notable historical resistance and support points (marked in red dots). Key Highlights: • XRP has repeatedly respected the channel boundaries, hinting at a strong uptrend. • A breakout towards the top side of the channel could see XRP reaching the $246 target zone indicated by the red
#Ethereum (ETH/USDT) Daily Chart Update As previously analyzed, Ethereum has dipped back into the lower support zone within its descending triangle pattern. After testing this area, ETH is showing slight bullish signs, but the market remains highly volatile. 🔸 Current Analysis Lower Support Zone: ETH is testing a key support level (highlighted in red). If it holds, a bounce could be likely, presenting a potential upward move. Resistance Points: Key resistance levels are set at $2,790.99 and $3,
Milestone Alert! Spot #Bitcoin ETFs Cross 1,000,000 BTC Holdings in Just 10 Months Spot Bitcoin ETFs have officially crossed 1,000,000 BTC holdings in record time – just 10 months! 📈 This rapid accumulation reflects strong institutional interest and could signal a bullish long-term outlook for Bitcoin.
As $FIL approaches the triangle's apex, watch for increased volume to confirm the move. A decisive break could set the next trend. Stay vigilant! Analysis
#ETHUSDT. After riding some bullish side, now price again back in bearish side. Let's see where the daily candle close. It seems for a light touch in red zone.
ETH is currently holding at a strong support level. As anticipated, the price has moved down from resistance and is now testing the lower support zone. Here’s what to watch:
Bullish Close: A bullish daily close above this level could signal a potential rally towards Resistance 1 ($2,900) and higher.
Bearish Close: A close below this support may suggest further downside movement.
Solana's Ascending Triangle: Will SOL Hit $202 Soon?
#Solana is showing strength as it continues to test the key resistance at $168. With the price forming a solid ascending triangle, we could see a potential breakout toward $202 or higher Key Levels to Watch: Resistance: $168, $180, $202Support: $140, $128 A successful break above $168 could trigger a bullish move, while failure to hold may lead to a retest of the lower support zones. Keep your eyes on these levels!
#BNB is showing promising signs of a potential breakout! 📈 As seen in the weekly timeframe, price is moving inside an ascending channel. A breakout above the resistance around $650 could push the price towards new highs. Watch for a possible continuation toward the $721 target zone. 💡 Key support: $300 Resistance to watch: $650 📊 Indicators like the 9 and 14 MA are showing strength! Are you ready for the next move? Stay tuned for more updates and trade safely.
NEW: 🇮🇹 The official text of the 2025 Budget Law, signed by the President of Italy, has been presented ❗️ The text includes the increase in the rate on #Bitcoin capital gains to 42%.
#ALGO/USDT Analysis Price is consolidating in a symmetrical triangle pattern on the daily chart, indicating potential for a breakout soon. Here are the key levels to watch:
Resistance-1: $0.145
Resistance-2: $0.160
Support: Around $0.120 (lower trendline)
The price is also fluctuating around the moving average, which could act as a dynamic support/resistance.
A breakout above Resistance-1 could see a move toward $0.160, while a break below the support line may lead to further downside. Kee