Analysis: No capitulation yet! Whales are just testing the waters while Bitcoin’s correction is still ongoing. Current support and resistance levels suggest a possible continuation of the bearish trend. The chart shows a possible break below the $50,000 mark.
Price Target: According to chart analysis, initial support is around $50,000. If this level fails to hold, further downside targets are located near $43,500 and $37,500. On the other hand, a break above the $67,500 resistance could push the price higher to challenge $73,769 and above.
Analysis: Bitcoin’s bullish trend is solid! Supporting this upward momentum is our Global Liquidity (GL) indicator’s recent bounce from its April highs. The chart shows that Bitcoin typically bounces after a liquidity pullback, and we see this pattern again.
Price Target: In the short term, Bitcoin is expected to hit a new all-time high (ATH) of around $69,000. If the bullish trend continues, we could see it move towards $80,000 and possibly even $100,000 in the longer term.
Analysis: FETUSDT is showing a bullish pennant pattern on the 4H chart, indicating a possible upside breakout. Once above the pennant, the price is expected to continue the uptrend. Consider buying on the breakout with a stop loss at $1.40.
Price Targets: If a bullish breakout occurs, targets are $1.60, $1.80, and possibly higher. Monitor price action closely and manage your trades effectively!
Analysis: SOLUSDT is showing a potential repeating pattern! Historically, after a 170-day accumulation phase, SOL experienced a massive breakout, surging over 1,200%. Currently, it is forming a similar flag pattern after accumulation, hinting at the possibility of another major rally.
Price Targets: If history repeats itself, we could see SOL rise to impressive new highs from its current level of around $173. An initial target worth watching would be around $670, with $900 possible. Keep an eye out for trend confirmation!
Driven by front-running and strong market sentiment, XRP has surged in the past week. The momentum suggests it has the potential to surge significantly higher. The Stochastic Oscillator and the Awesome Oscillator are showing bullish signals, reinforcing the positive trend indicators. Expect volatility and keep a close eye on market dynamics.
Price Targets:
Short-term targets are around $0.75 and $1.00. If the current trend continues, medium-term targets could be $3.00 and $5.00. Long-term forecasts show the potential to reach $10.00 or even $20.00 as market conditions develop. Be prepared for profit opportunities!
Analysis: Litecoin (#LTC ) shows strong bullish continuation potential after regaining 50MA support. Broadening wedge breakout and retest indicates a positive trend. This shows that buyers are in control and if the trend continues, we could see a price increase soon.
Analysis: SOL/USDT is showing a bullish trend on the daily chart and is aiming to break above the diagonal trendline. The key resistance is at $189 and the support is at $154.8. The trend is likely to continue unless there are any bearish reversal signals. The current price action suggests that traders are optimistic.
Price Targets: If SOL breaks the $189 resistance, the next targets could be $200 and $230. On the downside, it will be crucial to hold the $154.8 support. If it fails, expect a drop to around $140. Keep an eye on the pattern and volume spikes on the chart for confirmation.