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#dogecoin #doge #rsi #doge price #doge news #dogecoin news #dogecoin price #dogeusd #dogeusdt #macd #relative strength index #moving average convergence divergence #ltf #trader tardigrade #descending channel

The Dogecoin price may be poised for a significant rebound, as a familiar long-term pattern has emerged on its chart. According to technical analysis, the structure looks almost identical to a setup that triggered a major breakout in its previous cycle, from 2023 to 2024. With Dogecoin currently at a crucial support level that once marked the start of its last sustained rally, a crypto analyst has projected that the meme coin could enter a new bullish phase, potentially driving it above $1.  Past Pattern Foreshadows Dogecoin Price Surge To $1 Crypto analyst Trader Tardigrade has predicted that the Dogecoin price could soon surge to $1.10 from its current $0.15 in this cycle. In a recent X post, he highlighted that Dogecoin’s weekly chart has settled on its support trendline for the third time in the current 2021-2026 cycle.  Related Reading: Dogecoin Cup And Handle Pattern Is Returning, What Happens To Price If It’s Completed? The chart shows DOGE’s price reaching this key level after a prolonged pullback, creating a structure similar to the one that formed in late 2023. At the time, this pattern marked the beginning of a slow but consistent uptrend that lasted throughout 2024, ultimately creating the meme coin’s mid-cycle range peak.  The historical comparison between the 2023 – 2024 cycle and the current cycle is clear on the analyst’s chart. In the previous cycle, Dogecoin completed three closes at the support zone before sharply reversing upward. The latest weekly pattern mirrors the exact alignment, with price tightening around a rising trendline while forming higher lows.  Trader Tardigrade also noted that the previous cycle’s slow bull run began from the same setup. Notably, the chart highlights a large boxed region representing the projected 2024 to 2025 phase, where a widening price structure suggests that Dogecoin could still have room for an upward move. If historical patterns repeat as expected, the meme coin could initiate another powerful leg up above $1 by 2026.  Dogecoin’s Bullish Thesis Strengthens After Channel Break Trader Tardigrade has also highlighted an important improvement on Dogecoin’s lower-timeframe chart, indicating a shift from a downtrend. The two-hour chart setup reveals a breakout from a Descending Channel that had previously controlled price movements during the meme coin’s recent decline. The breakout is visible as the white price line pushes above the Descending Channel’s upper boundary, signaling a potential shift in short-term momentum.  Related Reading: Dogecoin Price Could Bounce Very Quickly If This Happens At $0.166 According to Trader Tardigrade, technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) support this shift. While the RSI has broken above its resistance zone, the MACD histogram shows a buildup in positive momentum, with bars expanding upward.  The analyst has explained that Dogecoin often begins its largest bull rallies with early signals on the LTF before spreading to the higher time frames. With momentum rising, Trader Tardigrade believes the DOGE price may already be initiating an uptrend. Featured image from Getty Images, chart from Tradingview.com

#ethereum #ethereum price #eth #eth price #rsi #ethusd #ethusdt #ethereum news #eth news #macd #more crypto online #cryptopulse

Ethereum (ETH) is flashing a rare technical warning sign for bears. According to the analysis, the daily chart has hit a historically oversold MACD reading not seen in years, aligning with a deeply oversold RSI. This confluence of extreme momentum signals suggests that the price has entered a major demand zone, dramatically increasing the likelihood of a powerful relief rally and setting the stage for a significant short-term rebound. MACD Hits Rare Historical Lows — A Zone Linked To Major ETH Bottoms According to a recent post from More Crypto Online, Ethereum is currently flashing one of its most extreme MACD readings seen in years on the daily timeframe. While the MACD technically has no fixed oversold threshold, comparing past cycles gives valuable context. Historically, ETH has often formed significant market bottoms whenever the MACD enters the -210 to -220 region, a zone it has dipped below a few times, but not often. Related Reading: Ethereum Slips to $3K, Highlighting Weakness After Recent Failed Rebound This puts the current MACD position into what can be considered a historically oversold zone, signaling increased potential for a relief bounce. Adding to this confluence, the RSI has also slipped deep into oversold territory, reinforcing the idea that sell pressure may be nearing exhaustion. Together, both indicators suggest that momentum could soon shift away from the bears. However, the analyst cautions that these signals alone do not confirm a major trend reversal. Oversold conditions can persist longer than expected, particularly in strong downtrends. Even so, such extreme readings are often early clues that a temporary recovery or a corrective move to the upside may be approaching. Overall, the current market structure gives the bears something to think about.  Early Signs Of Relief: Ethereum Finds Stability In Key Demand Zone In a 3D market update, CryptoPulse reported that Ethereum has now cleanly tapped the identified Demand Zone, showing early signs that the aggressive downside may be easing. This reaction suggests sellers are losing momentum, creating the conditions for a potential short-term rebound if buyers step back in. Should bullish strength return, a retest of the $3,500 region is likely in the coming sessions. Related Reading: Ethereum Approaches Critical Resistance — Bullish Breakout Or Trap In The Making? However, CryptoPulse emphasized that confirmation is still required before calling any meaningful reversal. A strong bounce paired with a reclaim of key short-term levels would be the first signal that buyers are regaining control.  Meanwhile, if bearish pressure persists, Ethereum may drift deeper into the chart structure, where the next significant demand sits between $2,400 and $2,600. This zone could act as the major support zone for ETH if the current support fails to hold. Featured image from iStock, chart from Tradingview.com

#bitcoin #dogecoin #doge #meme coin #rsi #doge price #coinmarketcap #doge news #dogecoin news #dogecoin price #dogeusd #dogeusdt #macd #trader tardigrade #xau #mss #market structure #bos

Crypto analyst Tripy has highlighted a double-top Adam and Eve pattern that could send the Dogecoin price as low as $0.16. Meanwhile, crypto XAU has also highlighted a bearish setup that could spark a further decline to $0.15.  Dogecoin Price Risks Drop To $0.16 With Double Top Adam And Eve Pattern In a TradingView post, Tripy revealed that a classic Adam and Eve pattern has formed for the Dogecoin price. The analyst warned that market participants may see volatility around the breakdown, but that the pattern rarely fails. His accompanying chart showed that DOGE could suffer a decline to as low as $0.16 due to this double top pattern.  Related Reading: Analyst Predicts Dogecoin Price “Historic Mega Run” – Here’s The Target Tripy also revealed that the MACD and volume are falling, indicating that a sell-off is coming for the Dogecoin price. A positive is that the analyst expects DOGE to rebound from the $0.16 range. The sell-off in the foremost meme coin is underway, with DOGE recording a significant decline yesterday as Bitcoin dropped below $100,000 for the second time this month.  Crypto analyst XAU drew a bearish setup toward $0.15 for the Dogecoin price. He noted that DOGE remains under strong bearish pressure, following multiple Breaks of Structure (BOS) and Market Structure (MSS) on the 3-hour timeframe. The analyst further stated that after a brief consolidation phase, the price continues to respect the descending trend, indicating a lack of bullish strength.  Notably, the Dogecoin price had attempted a minor upward correction toward the psychological $0.2 level but failed to reclaim the zone. As a result, XAU has warned that this may trigger a sharp drop toward the $0.15 level, which will confirm continuation of the broader bearish trend. The analyst added that momentum remains weak and sellers continue to dominate short-term rallies, indicating further downside pressure.  DOGE Reenters Broadening Wedge In an X post, crypto analyst Trader Tardigrade revealed that the Dogecoin price has reentered the broadening wedge after a “Spring Action.” He added that this pattern was last seen in 2024, just before a massive surge. His accompanying chart showed that DOGE could still rally to $0.8, despite the current bearish price action. A rally to this level would mark a new all-time high (ATH) for the foremost meme coin.  Related Reading: Dogecoin Price Rally Above $0.74 ATHs In The Works As HTF Trend Holds In the short term, Trader Tradigrade indicated that the Dogecoin price could reclaim the $0.2 level. He stated that DOGE has returned to the previous level as the RSI indicates a breakout of a trendline. His accompanying chart showed that DOGE could reach $0.26 after reclaiming the $0.2 level.  At the time of writing, the Dogecoin price is trading at around $0.163, down over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com

#ethereum #ethereum price #eth #solana #sol #eth price #rsi #solusd #ethusd #ethusdt #ethereum news #eth news #macd #relative strength index #lark davis #moving average convergence divergence #bullish pennant pattern #john bollinger #merlijn #double bottom

A rare signal from a legendary market analyst has caught traders’ attention as the Ethereum and Solana price begins to show potential reversal signs. With the broader crypto market still in a slump, a subtle alert from the inventor of one of the most respected technical indicators has analysts wondering whether a major shift is about to unfold in ETH and SOL.  Bollinger Inventor Signals Ethereum And Solana Price Explosion John Bollinger, technical analyst and inventor of the world-famous Bollinger Bands indicator, has shocked the broader crypto community after identifying potential “W” bottoms forming on the Ethereum and Solana charts. In his market commentary on X social media, Bollinger noted that while Bitcoin has yet to exhibit similar signals, the ETHUSD and SOLUSD pairs are shaping up in a way that demands attention.  Related Reading: Ethereum Price Could Surge To $6,400 With New Bullish Wave, But There’s A Problem Notably, Bollinger’s cautious but bullish statement immediately drew attention from fellow market analysts. Satoshi Flipper, a well-known crypto expert, revealed that Bollinger typically makes only one such market call each year and has not issued one for Ethereum in three years. He disclosed that the last time the Bollinger Bands inventor made a similar statement was in September 2022, just before the ETH price surged from around $1,290 to nearly $4,000.  Due to Bollinger’s selective and historically accurate calls, analysts see it as an early sign of a potential reversal of a downtrend or consolidation into an explosive breakout. If the inventors’ analysis proves accurate once again, both Ethereum and Solana could be sitting at the foundation of one of their strongest bull rallies  Analysts Predict Bullish Targets For ETH And SOL Two separate technical analyses also highlight an optimistic outlook for the Ethereum and Solana prices. Crypto analyst Lark Davis highlighted that Solana’s chart structure appears “very constructive,” with the Relative Strength Index (RSI) approaching a momentum breakout and the Moving Average Convergence Divergence (MACD) gearing up for a bullish cross.  Related Reading: Solana Price At Risk Of 50% Crash To $104 After Forming This Larger Bearish Trend Davis noted that Solana’s price action is forming a clear Double Bottom, a classic reversal pattern. Should the neckline break, he projects a potential price target near $250, provided bulls can defend the 200-day EMA. With Solana trading around $192, a rally to that target would mark roughly a 30% gain.  Ethereum’s technical outlook is even more dramatic. Analyst Merlijn the Trader stated on X that ETH has been developing the most explosive setup since the 2017 bull cycle, pointing to a textbook Bullish Pennant pattern on the monthly chart. Historically, such formations precede massive continuation once the price breaks above the upper boundary of the pattern.  Merlijn’s chart analysis projects an eventual breakout target around $8,500, suggesting that Ethereum could set a new all-time high soon. Considering that the ETH price is sitting above $4,000, a surge to this bullish target would more than double its value, marking an impressive 110% increase. Featured image from Getty Images, chart from Tradingview.com

#solana #sol #solana price #sol price #solusd #solusdt #solana news #sol news #macd #lark davis #fibonacci extension #cup and handle pattern #solana spot etf #crypto vip signal

Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval heats up, traders are eyeing what could be the start of a major breakout rally. Cup And Handle Formation Signals A Major Bullish Setup Lark Davis, a well-known crypto analyst, recently shared an optimistic outlook on SOL, highlighting a significant technical formation that could set the stage for a major rally. According to Davis, Solana is currently developing a classic cup and handle pattern on its monthly chart. This setup often signals the potential for a strong bullish breakout once the pattern completes. Related Reading: Solana (SOL) Declines Again – Is This A Dip Worth Buying For Recovery? He further explained that the 1.618 Fibonacci extension level, which often serves as a key target during large upward moves, sits around $425. Adding to the bullish case, Davis noted that the monthly MACD indicator is also forming a golden cross. This powerful technical signal typically marks the beginning of a sustained uptrend.  Finally, with growing anticipation surrounding a potential Solana ETF approval, the analyst believes Solana could be on the verge of an exciting and rapid upward move, one that might redefine its position in the crypto market if the pattern unfolds as expected. Swift Recovery Pushes Solana Back Into Profit Territory Crypto VIP Signal, in a recent update, highlighted a notable shift in SOL market structure following a sharp move below the $200 level. The drop triggered a wave of liquidations among high-leverage long positions, causing weak hands to be shaken out of the market. This correction, however, proved short-lived as buying pressure quickly returned, showcasing strong support and renewed bullish momentum. Related Reading: Solana (SOL) Attempts Recovery – Yet Lacking Momentum Could Stall Bullish Breakout Following the dip, SOL rebounded impressively, allowing long positions to secure over 16% in profit from their initial entry points. Looking ahead, the analyst noted that Solana could be gearing up for a move toward the $250 resistance level, which stands as the next major hurdle for the bulls. A successful break and close above this level could open the door for additional gains and confirm the continuation of the broader uptrend. In terms of strategy, Crypto VIP Signal advised traders to maintain their long positions while implementing a stop-loss at breakeven to protect profits from any unexpected volatility. With bullish momentum returning to the market, careful position management could ensure traders remain well-positioned for the next potential leg higher. Featured image from Adobe Stock, chart from Tradingview.com

#bitcoin #btc price #bitcoin price #btc #glassnode #bitcoin news #cryptoquant #coinmarketcap #btcusd #btcusdt #btc news #bitcoin spot etfs #macd #titan of crypto #mikybull crypto #soso value

Bitcoin supply on exchanges has hit a new low for the first time in six years, providing a bullish outlook for BTC. This comes as the flagship crypto continues to hit new all-time highs (ATHs), with the $130,000 target now in sight.  Bitcoin Supply On Exchanges Hit Six-Year Low Glassnode data shows that the Bitcoin supply on exchanges has fallen to a six-year low of around 2.8 million BTC. The last time the BTC balance on exchanges was this low was in June 2019, when the flagship crypto was trading at around $8,745. This development confirms that investors are accumulating Bitcoin at an unprecedented pace.  CryptoQuant data also confirms this development, with the Bitcoin exchange reserve currently at 2.5 million BTC, even lower than what is shown on Glassnode’s dashboard. This is bullish for the BTC price, as such massive demand usually precedes a major supply squeeze. Notably, this comes amid an increased demand from institutional investors, with the BTC ETFs recording $3.2 billion in weekly inflows last week, their second-largest since their launch last year.  Related Reading: Bitcoin Price Still On Track To Hit $165,000, JPMorgan Analysts Reveal Timeline This comes as institutional investors move to Bitcoin as a safe-haven asset as part of the debasement trade during this period of uncertainty caused by the U.S. government shutdown. Thanks to the increased demand, BTC is already up 9% to start this month and rallied to multiple all-time highs amid the ‘Uptober’ rally.  The Bitcoin price topped $126,000 for the first time ever yesterday and now looks on course to test the $130,000 milestone. With the massive demand from the BTC ETFs, there is the belief that the flagship crypto could hit this milestone this month. SoSo Value data shows that these funds took in $1.19 billion in net inflows yesterday, their highest daily inflow this year.  BTC Could Break Above $130,000 Crypto analyst Titan of Crypto has suggested that Bitcoin is on track to make a new all-time high (ATH) above $130,000. He noted that BTC is testing the same trendline that rejected it a few weeks ago. However, this time around, the weekly MACD is crossing bullish, which could spark the rally above $130,000. His accompanying chart showed that a rally to as high as $140,000 was a possibility if the flagship crypto flips $130,000 into support.  Related Reading: Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle Crypto analyst Mikybull Crypto also noted that Bitcoin is currently facing resistance around its current price level, making it a key level to watch. He added that a meaningful breakout above this level will send BTC to between $136,000 and $150,000.   At the time of writing, the Bitcoin price is trading at around $124,500, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#solana #sol #solana price #sol price #rsi #solusd #solusdt #solana news #sol news #macd #ema #lark davis

Solana is once again at a pivotal crossroads, with its price hovering around the 50-day EMA —a level that could dictate its next major move. A decisive break above $220 could ignite fresh bullish momentum, while failure to hold could open the door for a slide back toward $175. SOL Tests 50-Day EMA As Market Watches Closely Lark Davis, a widely followed crypto analyst on X, recently noted that Solana has returned to test its 50-day EMA. This moving average has historically provided both support and resistance for SOL, making the latest retest a key moment for traders watching the coin’s short-term direction. Related Reading: Solana (SOL) Nosedives – Traders Fear More Pain Could Be Ahead In addition, Davis highlighted signs of improving momentum on the indicators. The MACD histograms are curving upward, hinting at a potential shift in momentum from bearish to bullish, while the RSI is slowly rising, suggesting that buying pressure may be building. These developments signal that Solana is preparing for a recovery phase if buyers step in with stronger conviction. Despite these encouraging signals, Davis noted that trading volumes remain muted. Low volume often raises concerns about the strength behind a move, as rallies without significant participation can fade quickly.  What To Watch For As Solana Builds Strength Analyzing the potential outlook for Solana, Lark Davis highlighted two distinct, high-stakes scenarios based on how the asset interacts with the 50-day Exponential Moving Average (EMA). This EMA acts as a pivotal line, and the price’s reaction here will determine the direction of the short-term trend. Related Reading: Solana Eyes Massive Breakout Amid $240 Retest, But Analyst Issues Crucial Market Warning The first potential outcome is that if the price is decisively rejected at the 50-day EMA, known as a bearish retest, it would signal weakness and likely lead to a move downward. In this case, the analyst targets the $175 support level as the expected floor. While he qualifies shorting as “nasty business,” he suggests it could be done in this specific situation. The second outcome, which is a bullish scenario, requires a strong display of conviction from buyers. This involves a successful and robust reclaim of the 50-day EMA, specifically confirmed by today’s daily candle closing above $210. To further solidify this bullish case, the price ideally needs to push beyond the subsequent resistance at the 20-day EMA, which sits near $220. Given the immediate threat and the potential for a swift upside move, the analyst suggests a high-risk, high-reward play. Initiating a long position from the current price, near $209, with a tight stop-loss might be a sensible strategy to catch the bullish scenario and capitalize on the quick momentum if the price successfully reclaims the 50-day EMA. Featured image from iStock, chart from Tradingview.com

#coinbase #binance #solana #kraken #sol #solana price #sol price #rsi #solusd #solusdt #solana news #sol news #lookonchain #macd #relative strength index #whale alert #solana spot etf #tom tucker #alpenglow upgrade

Solana (SOL) investors are witnessing rising volatility as a surge in whale activity signals deadly selling pressure in the market. Despite a strong rally above $250 earlier in September, market sentiment appears to be shifting, with whale deposits into centralized exchanges hinting at potential headwinds ahead. Most recently, a staggering 312,233 SOL tokens were deposited into Coinbase, fueling concerns that whales may be positioning for significant profit-taking.  Solana Whale Deposits Signal Rising Selling Pressure Blockchain tracker Whale Alert reported one of the largest Solana transfers in recent weeks, with 312,233 SOL valued at approximately $75.1 million, moved from an unknown wallet to Coinbase Institutional on September 21. The size and timing of this large-scale transfer immediately raised concerns that whales could be positioned to sell.  Related Reading: XRP Price At $23, Dogecoin To $2, And Solana At $1,800? Analyst Unveils 2026 Predictions Before this transfer, Whale Alert had flagged another massive transaction of 227,928 SOL, worth around $54.5 million, being funneled into Coinbase on the same day. Together, these two deposits represent more than $129 million in Solana potentially at stake of being sold off. The implications of such moves are significant, as large holders typically send tokens to exchanges with the intention to sell, ultimately adding considerable downward pressure to the market. Notably, Solana’s price rally in September has been fueled by strong demand; however, these recent transfers raise the risk of oversupply, particularly as the token hovers around $224. If whales follow through with the selling, it could cap SOL’s bullish breakout attempt and force the price back to lower support zones.  Interestingly, this is not the first time Solana has faced similar whale-driven headwinds this month. Just over a week ago, blockchain analytics platform Lookonchain reported multiple whale dumpings into various crypto exchanges. A wallet tagged “CMJiHu” deposited 96,996 SOL ($17.45 million) into Coinbase, while “5PjMxa” moved 91,890 SOL ($15.98 million) to Kraken. The same day, another wallet “HiN7sS” transferred 37,658 SOL ($6.73 million) to Binance, securing a profit of $1.63 million. These earlier transfers, combined with the latest inflows, show a pattern of whales steadily reducing their exposure as market sentiment shifts. SOL Momentum Weakens Under Heavy Selling Crypto analysts now view Solana as being at a pivotal crossroad, where strong fundamentals clash with mounting selling pressure and technical risks. Market expert Tom Tucker notes that SOL has climbed more than 150% in 2025, but its rally is showing signs of fatigue. The analyst’s chart reveals a rising wedge formation, often a precursor to a breakdown, combined with weakening momentum indicators.   Related Reading: Solana price At Risk Of 10% Crash With Descending Broadening Wedge The Relative Strength Index (RSI) is narrowing into a triangle, suggesting indecision, while the MACD has flattened after months of strength. This setup, when paired with heavy whale deposits into exchanges and rising sell pressure, underscores the growing possibility of a short-term pullback.  Yet, the outlook is not entirely bearish. Tucker points to optimism surrounding a potential Solana ETF, the upcoming Alpenglow upgrade, and steady treasury accumulation as fundamental drivers that could extend SOL’s long-term growth. Featured image from iStock, chart from Tradingview.com

#solana #sol #mas #solana price #sol price #rsi #solusd #solusdt #solana news #sol news #macd #relative strength index #moving averages #gemxbt #bitguru #double bottom formation

Solana is strengthening its bullish outlook, with recent price action showing firm momentum above key moving averages. This strength underscores growing buyer confidence and highlights a market structure tilted in favor of further gains. With support levels holding and momentum indicators flashing strength, SOL appears to be building the foundation for its next leg higher in the ongoing bull run. Solana Holds Above Key Moving Averages, Reinforcing Bullish Bias Gemxbt, in a recent post, pointed out that SOL is displaying a strong bullish market structure, with its price action now trading above the 5, 10, and 20-period moving averages. Such alignment of short-term moving averages reflects sustained upward momentum, as buyers continue to maintain control over the market direction. Related Reading: Solana (SOL) Pushes Higher – Is More Upside Still Ahead? The analyst noted that Solana has established key technical levels, with support forming around $237.5 and immediate resistance situated near $245. These levels will likely serve as pivotal points in the short term, guiding whether the market consolidates further or pushes higher. A break above resistance could reinforce the bullish momentum, while defending support remains essential to preserving the uptrend. Further strengthening the outlook, the Relative Strength Index (RSI) is trending upward. This indicator points toward growing market confidence, as traders continue to lean toward accumulation rather than distribution, reinforcing the bullish tone in SOL’s price action. Adding to the confluence, the MACD has recorded a bullish crossover, with the MACD line moving above the signal line, supporting the bullish sentiment. Combined with the alignment of moving averages and supportive RSI trends, the overall setup suggests that Solana is well-positioned to sustain its rally if buyers maintain their presence in the market. Technical Pattern Confirms Renewed Buyer Strength BitGuru, in a recent update on X, highlighted that SOL has staged a remarkable rally, driven by a strong double bottom breakout and a clean bullish setup. The formation of these patterns has provided momentum for Solana’s price to push all the way up to $249.60, signaling renewed strength in the market. Related Reading: Solana (SOL) Rally Builds – Can Bulls Extend Gains Beyond Key Levels? Following this impressive surge, the price action has entered a cooling phase, with the market now undergoing a pullback. Despite the retracement, the overall structure remains intact as SOL is consolidating near the key $235 support level.  In the meantime, this pause in price movement could be a healthy step for the market, allowing buyers to regain strength before attempting another push higher. As long as $235 holds firm, the setup continues to favor bulls, with Solana potentially eyeing a fresh move back toward resistance levels in the sessions ahead. Featured image from Adobe Stock, chart from Tradingview.com

#binance #ripple #xrp #bybit #altcoin #okx #xrp price #rsi #coinmarketcap #xrp news #xrpusd #xrpusdt #macd #bithumb

XRP Exchange reserves have surged by 1.2 billion in just a day, presenting a bearish outlook for the XRP price. This development comes as the token looks to hold above the psychological $3 level.  XRP Exchange Reserves Increase By 1.2 Billion In Just A Day A CryptoQuant analysis by CryptoOnchain revealed that XRP Exchange reserves jumped by 1.2 billion in a day across four crypto exchanges, with Binance leading the surge. Bithumb, Bybit, and OKX also experienced a major increase in their reserves, a development which CryptoOnchain noted shifted the volume of XRP’s reserves in an unprecedented manner.  Related Reading: Crypto Expert Shares How To Get To $1 Million With XRP Binance saw its reserve holdings increase from around 2.928 billion XRP to 3.538 billion XRP, an increase of over 610 million XRP in a single day. Meanwhile, Bithumb saw its holdings increase from 1.647 billion to 2.519 billion, Bybit’s holdings increased from 188 million to 380 million XRP, and OKX’s XRP reserves jumped from 112,000 to 233 million.  This development is typically bearish, as an increase in crypto exchanges’ reserves indicates that investors are offloading their coins. This would also explain why XRP has underperformed in recent times and has struggled to hold above the psychological $3 price level. During this period, other altcoins like Solana and BNB have outperformed XRP, reaching new local highs. Accumulation Rather Than Sell-offs CryptoOnchain revealed that the increase in XRP Exchange reserves is a case of accumulation rather than the typical sell-offs. The analyst noted that the price chart indicates that this heavy accumulation occurred precisely at the key support level of around $2.73, a level that has previously prevented the altcoin from experiencing massive declines.  Related Reading: XRP Price Setting Up For Next Leg With Expected Targets Reaching $19.27 The analyst then pointed to the RSI and MACD indicators a day after the increase in the XRP Exchange reserves, which shows a decrease in selling pressure on the token.CryptoOnchain explained that this could mean that the heavy buying by exchanges was aimed at accumulation rather than immediate injection into the market.  CryptoOnchain also noted that the pattern of these large accumulations across the crypto exchanges and at a critical support level could be a sign of institutional coordination or an upcoming event. Notably, the XRP ETFs could launch next month, which would represent a significant development for the XRP price.  The analyst stated that if the current support holds and buying volumes continue, the XRP price could rally to higher resistances at $3.34 and $3.58. However, CryptoOnchain warned that if the support is broken, selling pressure could turn the increase in XRP Exchange reserves into an opportunity for massive supply.  At the time of writing, the XRP price is trading at around $3.06, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

#sui #sui price #m&a #macd #moving average #falling wedge pattern #suiusdt #suiusd #gemxbt

In a significant move for the SUI market, bulls have successfully broken out of a key technical chart pattern, setting their sights on the next major resistance level at $3.50. This breakout signals a shift in momentum, as the price action re-establishes a clear upward trend. Technical Setup Signals Room For Further Upside Crypto VIP Signal, in a recent update on X, highlighted that SUI has sustained its bullish momentum exactly as anticipated, successfully breaking out of the falling wedge pattern. This breakout is a strong technical signal often associated with trend reversals, suggesting that the token has shifted from a period of consolidation into a phase of renewed upward strength. Such a move indicates that market sentiment is leaning toward optimism, with buyers steadily reclaiming control. Related Reading: 20 Million New SUI Tokens Push Treasury To New High – Details The update further explained that following the breakout, SUI retested the support line, a critical step in confirming the validity of the breakout. Holding this support level firmly not only reinforces the bullish structure but also builds a stronger foundation for future gains. This development underscores the resilience of SUI’s price action, as it demonstrates the ability of the market to absorb selling pressure while maintaining upward momentum. Looking ahead, Crypto VIP Signal pointed to $3.50 as the next key resistance level that traders and investors should keep an eye on. If this level is broken, it would likely attract more buyers into the market, creating the conditions for SUI to extend its upward trajectory and establish new short-term highs. SUI Indicators Align For Potential Upside Continuation Adding to the growing bullish outlook for SUI, Gemxbt recently emphasized in a post that the token is showing signs of a strong reversal. The analysis revealed that SUI’s price has crossed above both the 5-day and 10-day moving averages, which strengthens the case for continued upward pressure in the near term. Related Reading: SUI Holds The Line: Rounded Bottom Hints At 13% Breakout Setup Resistance is currently positioned near $3.35, a zone that will play a pivotal role in determining whether SUI can maintain its bullish breakout. On the downside, strong support is established around $3.20, serving as a safety net in case of short-term pullbacks. Holding this support will be essential for sustaining market confidence. In addition to these key levels, momentum indicators are also aligning with the current bullish narrative. The RSI has begun rising from oversold territory, signaling renewed buying interest, while the MACD has confirmed a bullish crossover. Together, these technical signals suggest that SUI could be gearing up for another upward push, with momentum building toward testing and possibly breaking above the next resistance barrier. Featured image from Adobe Stock, chart from Tradingview.com

#technical analysis #polygon #rsi #macd #polygon price #pol #pol price #polusdt #gemxbt #polusd

Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key resistance. The coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for consolidation.  Polygon Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28, while finding strong support around $0.26.  Related Reading: Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again From a technical perspective, the MACD has flashed a bearish crossover, which often signals fading momentum or the possibility of a short-term correction. This development suggests that bulls may need to exert more pressure to sustain the uptrend and push through the $0.28 resistance. Adding to this cautious tone, the RSI is moving downward, indicating weakening buying pressure. If the indicator continues to fall, a dip toward the $0.26 support area could be on the cards before any attempt at a fresh rebound. Interestingly, volume spikes have consistently aligned with price peaks, which signals heightened interest and activity whenever POL approaches key levels. This dynamic underscores the importance of monitoring these technical zones closely, as they could set the stage for either a decisive breakout above resistance or a corrective pullback to retest lower supports. Key Decision Point: Rally Continuation Or Healthy Reset? According to OLUWANIFEMI, Polygon is currently trading at $0.2778, marking an impressive 13.82% gain over the last 24 hours, indicating strong momentum. Building on this, OLUWANIFEMI highlights that the price action is right around the $0.280 resistance zone, which is shaping up to be a critical level for the next move. In his view, if buyers manage to maintain control and push past this barrier with convincing volume, the setup could pave the way for a further breakout to the upside. Related Reading: Polygon Eyes 2x Upsurge From Broadening Wedge Pattern However, he also cautions that not all signals point to immediate strength. Should momentum begin to fade, the expert anticipates a healthy pullback toward the $0.260 support region. A retest of this level, he emphasizes, would not necessarily harm the broader trend but could instead provide the market with room to reset before the next upward leg. Concluding his outlook, the analyst stresses that this makes the current zone particularly important to monitor. Whether Polygon breaks higher or dips into consolidation, he claims sharp traders will be watching closely to position themselves for the next significant move in either direction. Featured image from Polygon, chart from Tradingview.com

#solana #sol #solana price #sol price #rsi #sma #solusd #solusdt #solana news #sol news #macd #relative strength index #simple moving average #gemxbt #cryptopulse

Solana’s price action is showing fresh signs of strength as bulls reclaim key technical levels. With momentum building around critical support and resistance zones, traders appear to be positioning for the next leg higher. The chart setup suggests renewed upside potential, but overbought signals hint that caution may still be warranted. Solana Breaks Above 200 SMA, Extending Bullish Momentum Gemxbt, a crypto analyst on X, recently highlighted Solana’s strong bullish trend as the asset pushed above the 200-day Simple Moving Average (SMA). This key technical breakout signals renewed strength in SOL’s price action, placing the cryptocurrency in a favorable position to extend its upward momentum. The break above this long-term indicator often attracts bullish sentiment, as it suggests the broader trend is shifting toward recovery and growth. Related Reading: Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target According to Gemxbt, Solana’s chart is now showing clear technical levels to watch, with immediate support around $195 and resistance forming at the $210 mark. These zones are crucial for traders, as they define the short-term battleground between buyers and sellers. A sustained hold above $195 would reinforce the bullish structure, while a decisive break above $210 could open the door for further gains. The analyst also pointed out that momentum indicators are aligning with the bullish case. SOL’s MACD has confirmed a bullish crossover, strengthening the outlook for continued upside. At the same time, the Relative Strength Index (RSI) is approaching overbought levels, hinting that the market may be due for a temporary cooldown or pullback before the next move higher. Gemxbt further noted that trading volume has been rising alongside price action, a sign that market participants are actively positioning around Solana. This uptick in volume supports the bullish trend, as it reflects genuine buying interest rather than a weak rally.  Pulls Back To Key Zone: Fresh Buying Opportunity Emerges According to CryptoPulse in a recent update, Solana has retraced back to the top of a key zone, creating what the analyst views as a fresh buying opportunity. This pullback brought SOL under the $200 level, an area highlighted as strong value for traders positioning ahead of the next potential move upward. Related Reading: Solana (SOL) Falls Below Support, Will Bears Extend the Decline? CryptoPulse explained that this zone acts as a favorable entry point, offering a chance to average into positions before renewed momentum takes hold. By accumulating gradually at these levels, traders can mitigate risk while still being exposed to the upside potential when Solana regains strength. The update further emphasized that patience will be important, as market momentum is expected to kick back in once SOL stabilizes above this zone. With the broader trend leaning bullish, CryptoPulse suggests that buyers positioning now may be well-placed for the next leg higher in Solana’s rally. Featured image from Adobe Stock, chart from Tradingview.com

#sui #rsi #sui price #macd #relative strength index #moving average convergence divergence #suiusdt #suiusd

SUI is showing signs of strength as it defends the $3.50–$3.60 support zone, carving out a rounded bottom formation. With bullish momentum slowly building, the altcoin eyes a potential 13% breakout toward $4.60 if the setup holds. SUI Holds Firm At $3.60: Signs Of Early Recovery Emerge According to a recent X post, analyst Gemxbt shared his perspective on SUI’s 1-hour chart, pointing to signs of a potential recovery after the market found footing at the $3.60 support level. According to Gemxbt, the price has managed to stabilize, currently consolidating around $3.64, which suggests that buyers are beginning to show interest after the recent dip.  Related Reading: SUI Set Up For Another Leg? Analyst Forecasts $10 Target For Potential Breakout Gemxbt further highlighted the moving averages, noting that the 5MA has crossed above the 10MA, a signal often associated with the early stages of bullish momentum. Adding to the technical picture, the Relative Strength Index (RSI) has settled around the neutral 50 zone, reflecting a balance between buying and selling pressure. This signals that the market has yet to tilt decisively in favor of the bulls or bears, leaving room for volatility as traders wait for direction.  Finally, he noted that the Moving Average Convergence Divergence (MACD) had recently shown a bullish crossover, another encouraging sign of upward momentum. However, he cautioned that volume remains low, which makes it premature to call this a confirmed trend reversal. For now, the setup looks constructive, but further confirmation is needed before declaring that a stronger rally is underway. Rounded Bottom Formation Strengthens At $3.50–$3.55 Zone In his recent 4-hour chart analysis posted on X, Ascend.sui drew attention to SUI’s current price structure, noting that the token is shaping a rounded bottom around the $3.50–$3.55 zone. This level has historically acted as a strong demand area, making it a critical foundation for any bullish momentum to build from. Related Reading: Crypto Bears In Control: SUI Below Key MAs, FARTCOIN Forms Lower Lows—What’s Next? He explained that if this base continues to hold, it could serve as the launchpad for a significant upside move. Based on his projections, a recovery of more than 13% is possible, bringing its price near the $4.60 mark by late August, roughly within the next six days. Ascend.sui also emphasized the strength of the bullish setup, describing it as a “stealthy formation” that could catch traders off guard. Still, he cautioned that confirmation is key.  For the pattern to fully validate, SUI would need to reclaim the $3.70 level with conviction. Once that level is cleared, the breakout thesis gains stronger credibility, opening the path toward higher price targets. Featured image from Adobe Stock, chart from Tradingview.com

#dogecoin #doge #rsi #risk #doge price #doge news #dogecoin news #dogecoin price #dogeusd #dogeusdt #macd #relative strength index #profit-taking #cup and handle pattern #gemxbt

Dogecoin’s bullish momentum is putting short positions under pressure as the price eyes a crucial $0.27 retest. A successful breakout above this level could spark a powerful multi-stage rally, opening the door to higher targets and renewed market excitement. DOGE/USDT Clears $0.2533 Resistance With Conviction GemXBT, in a recent update on X, highlighted that DOGE/USDT is showing a bullish trend after breaking above the key resistance level at $0.2533 with strong upward momentum. This breakout signals renewed buying pressure, as the price pushes beyond a level that had capped recent advances. The move suggests bulls are gaining control and could be preparing for further upside if momentum holds. Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? According to the update, the 5-day moving average (5MA) has crossed above both the 10-day and 20-day moving averages. Such crossovers often reinforce the continuation of an uptrend, especially when supported by other confirming indicators. Volume has also been increasing alongside the price rise. Higher trading activity at elevated price levels shows that demand is growing, adding credibility to the upward move. This combination of technical strength and volume support positions Dogecoin for potentially sustained gains. However, GemXBT also noted that the Relative Strength Index (RSI) is approaching overbought levels, while the MACD is in positive divergence. These conditions suggest there is still room for more upside, but they also warrant caution for possible short-term pullbacks.  Cup & Handle Emerges: A Textbook Bullish Signal For Dogecoin Examining the daily chart, RISK highlighted that Dogecoin is forming a classic cup-and-handle pattern, one of the most reliable bullish formations in technical analysis. Following a deep, rounded recovery from the June lows, the price is once again testing the $0.27 resistance zone, a level that has repeatedly capped previous rallies.  Related Reading: Dogecoin Just Flashed A Rare Weekly Bullish Signal — This Analyst Is Buying The handle portion of the pattern is taking shape with controlled pullbacks and reduced trading volume. This behavior typically signals that sellers are gradually running out of steam while buyers quietly build positions. Such consolidation often precedes a breakout, as the market transitions from profit-taking to renewed buying pressure. If DOGE manages to break and close above the $0.27 resistance zone, the technical structure suggests that momentum could accelerate sharply. In this case, bullish targets would likely extend toward $0.31, then $0.39, and potentially $0.50 or higher as confidence grows among traders.  For now, the broader outlook remains bullish as long as the series of higher lows on the chart stays intact. With the breakout scenario still firmly in play, Dogecoin is positioned for a strong upward move should buyers push it past the $0.27 key resistance barrier. Featured image from Getty Images, chart from Tradingview.com

#solana #sol #solana price #sol price #rsi #solusd #solusdt #solana news #sol news #macd #relative strength index #ascending channel pattern #gemxbt #godstarpl

Solana remains bullish on the daily chart, cruising within a strong ascending channel and pushing toward the mid-range with fresh upside momentum. However, short-term weakness on the hourly chart shows price slipping below key moving averages, signaling potential pressure. Daily Chart Holds Bullish Structure GodstarPL, in a detailed update posted on X, emphasized that Solana is currently cruising inside a strong ascending channel on the daily chart. This steady bullish structure reflects consistent buying interest and price strength over time. At present, SOL is pushing toward the mid-range of this channel, indicating fresh upside momentum and a possible continuation of its upward trajectory. Related Reading: Institutional Solana Buying Ramps Up: The Nearly $600 Million Buy Shaking Up SOL If the bulls manage to maintain this pressure, the next logical target would be the upper boundary of the channel, which lies near the $220 mark. Reaching this level, which is serving as a crucial resistance zone, would signify a significant milestone, reinforcing the resilience of the current bullish trend and potentially attracting more buying activity.  On the other hand, a slip below the channel’s mid-line could trigger a pullback toward the $160 demand zone, a key level that has historically provided strong support. This area is critical for buyers to defend in order to prevent a deeper decline and maintain the overall bullish structure. Monitoring this level will be essential for gauging whether the upward momentum can sustain or if a more significant correction is underway. Solana Short-Term Trend Shows Signs Of Bearish Behavior Despite the bullish structure reflected on the daily chart, Gemxbt, in a separate update, pointed out that Solana exhibited a bearish setup on the 1-hour timeframe at the time of the post. Short-term market sentiment has shifted, with price action trading below the 5, 10, and 20-period moving averages — a clear indication of near-term selling pressure. Related Reading: Solana (SOL) Smashes $200, Bulls Now Target $220–$250 Zone Adding to this bearish tone, the MACD indicator has crossed below its signal line, indicating the potential for renewed downside momentum. This technical signal often reflects an acceleration of selling interest, particularly when it aligns with other bearish patterns on lower timeframes. Meanwhile, the Relative Strength Index (RSI) is trending toward oversold territory, which suggests that buying pressure is weakening and sellers remain firmly in control. However, an oversold reading can also hint at a potential short-term bounce if buyers step in to defend key price levels. In terms of critical levels to watch, support is currently situated around $175, where buyers may attempt to halt a decline. On the upside, immediate resistance is seen near $180. A break above this level is likely to trigger continued upside pressure. Featured image from Adobe Stock, chart from Tradingview.com

#cardano #ada #ada price #rsi #ada news #adausd #adausdt #cardano news #cardano price #macd #relative strength index #thomas anderson #emas #exponential moving averages #cexscan

Cardano (ADA) is showing renewed strength on lower timeframes, with a short-term surge lifting the price above key moving averages. However, this momentum now faces a critical test as mid-term resistance levels come into play. Will the bulls maintain control, or is a reversal on the horizon? ADA Pushes Above Key EMAs: Bulls Seize Short-Term Momentum Analyst Cexscan on X pointed out that Cardano (ADA) is exhibiting a bullish trend on the 30-minute chart. The asset’s price has surged above the 20, 50, and 100-period Exponential Moving Averages (EMAs), indicating rising buying interest and momentum among short-term traders. Related Reading: Cardano (ADA) Targets $0.80 As Price Retests Key Level – Is An 85% Jump Ahead? Adding further strength to the outlook is the Relative Strength Index (RSI), which currently sits in overbought territory. While this typically signals a possible pause or minor retracement, Cexscan believes that the strong bullish pressure evident in price action could override such a correction in the short run, as long as volume remains healthy. Overall, the combination of bullish EMAs, elevated RSI, and sustained momentum paints an optimistic picture for ADA. Cexscan emphasized that if the current trajectory holds, Cardano could continue its upward path, with intraday opportunities unfolding along the way.  Cardano Caught In A Tight Range: Will The Breakout Come Soon? Thomas Anderson, analyzing Cardano’s 4-hour chart in a recent update, pointed out that the price was moving sideways around the $0.3374 zone. This consolidation is occurring between a defined resistance at $0.7612 and support at $0.6874, both marked with yellow horizontal lines. The market appears to be taking a breather, potentially gearing up for a more decisive move. Related Reading: A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH Adding to the picture is the 200-period Moving Average, highlighted in red, which sits just above the current price and acts as a dynamic resistance level. This moving average has repeatedly blocked bullish attempts, making it a crucial hurdle to watch. A clean break above it could be a major trigger for renewed buying interest. On the broader daily timeframe, Anderson observed that Cardano remains trapped within a larger consolidation pattern. The RSI indicator is hovering around 51, reflecting a neutral stance, while the MACD indicator is also showing little directional bias. This reinforces the view that the market is waiting for a breakout catalyst before choosing its next path. Anderson concluded by focusing on the ascending trendline resistance as a key technical level. A strong push above that line could pave the way for intraday gains, especially for scalpers. However, if ADA gets rejected at that level, it may head back toward the lower end of the range, offering potential shorting opportunities for traders watching closely. Featured image from Pixabay, chart from Tradingview.com

#avalanche #avax #avalanche price #avax price #rsi #macd #relative strength index #avaxusd #avaxusdt #adx #the boss

Avalanche (AVAX) is starting to flash signs of a potential trend reversal as a clear double bottom pattern forms on the weekly chart. With price action building strength, bulls now have their sights set on the next key Fibonacci resistance zone.  Double Bottom Strengthens: Can Fibonacci Levels Hold? In a recent analysis of the weekly chart posted on X, The Boss, a market analyst, highlighted that Avalanche is currently establishing a solid technical foundation. He noted the emergence of a clear double bottom formation, often considered a reliable reversal signal when confirmed. Related Reading: AVAX Ready For Range Breakout – Bulls Eye $36 Price Target According to The Boss, if this bullish pattern continues to play out, traders should keep an eye on the resistance zones marked by yellow lines, which are based on Fibonacci retracement levels.  The Boss emphasized that the most critical level to watch is the horizontal resistance represented by the green line. He explained that a strong weekly close above this area would likely act as a technical catalyst, potentially unlocking more upside for AVAX in the near term Charting Key Technical Indicators Sharing further technical breakdown, The Boss drew attention to several key indicators that signal growing bullish momentum for AVAX. One of the standout observations is the MACD on the weekly chart, which is on the verge of a bullish crossover—a classic signal that buying pressure is gaining strength. Related Reading: Avalanche Bulls Eye Breakout, But Mid-Term Caution Clouds The View The Boss also noted that the Relative Strength Index (RSI) is hovering around 55, just above the midpoint of the neutral zone. This positioning, coupled with its upward tilt, reflects a shift in momentum that favors the bulls. If the key indicator continues this upward trajectory, it could reinforce the developing bullish sentiment. Turning to the ADX, The Boss explained that while it remains below the 25 threshold—typically used to define a strong trend—it is showing gradual signs of strengthening. He suggested that a move above 25 would add weight to the bullish case by confirming the emergence of a more defined upward trend. Volume was another factor that The Boss highlighted in his analysis. He pointed out a steady increase in trading volume over recent weeks, which often signifies growing investor interest and confidence. In his view, this uptick supports the technical outlook and adds fuel to the potential breakout scenario. However, The Boss issued a note of caution despite the promising setup. He emphasized that crypto markets are inherently volatile, and for this bullish case to hold, price action must remain above key resistance zones. Traders, he advised, should watch closely for confirmation from indicators and weekly closes to validate the continuation of the trend. Featured image from Getty Images, chart from Tradingview.com

#sui #rsi #sui price #cryptocurrency market news #m&a #macd #moving average #relative strength index #moving average convergence divergence #suiusdt #suiusd #fartcoin #gemxbt

Crypto markets are under pressure as bearish momentum tightens its grip on several altcoins. SUI continues to slide below key moving averages, signaling sustained weakness, while FARTCOIN extends its downtrend with a series of lower lows and highs. With both assets nearing critical support levels and momentum indicators flashing warning signs, a bounce is coming, or downside could be imminent. Bearish Momentum Builds As SUI Trades Below Key Moving Averages In a recent post, Gemxbt highlighted that SUI is currently locked in a downtrend, with the price trading below its 5, 10, and 20-period moving averages. This alignment of short-term averages below the current price level signals sustained bearish momentum, as sellers continue to dominate market activity. Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible Adding to the cautious outlook, the Relative Strength Index (RSI) is hovering near oversold territory, which often indicates weakening selling pressure. While this suggests that SUI could be due for a short-term bounce or relief rally, it is not yet a strong reversal signal on its own.  The Moving Average Convergence Divergence (MACD) indicator remains firmly in bearish territory, reinforcing the idea that downward momentum may persist in the near term. The lack of a bullish crossover or divergence in the MACD lines suggests that sellers still have the upper hand. Gemxbt pointed out that the key support level to watch is around $3.92. A drop below this level could accelerate the decline, while a rebound from it, especially with a noticeable increase in volume, might indicate a shift in sentiment. Until such a volume-driven move occurs, the overall trend remains downward. Bearish Structure Intact As FARTCOIN Forms Lower Lows And Highs According to Gemxbt in another post, FARTCOIN is currently exhibiting a bearish market structure, characterized by a series of lower highs and lower lows. This pattern points to sustained selling pressure, with bears firmly in control of the price action for now. Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77 Fartcoin’s RSI is approaching oversold territory, which could indicate that the asset is nearing a point where a short-term bounce or relief rally might occur. However, while the RSI hints at a possible rebound, it does not yet confirm any shift in the prevailing downtrend. Meanwhile, the MACD continues to reflect bearish momentum, with no signs of a bullish crossover. This reinforces the broader downtrend and suggests that any potential bounce may be limited unless momentum indicators begin to shift more favorably. The analyst went on to state that key support is currently identified around the 0.0003500 level, while resistance lies near 0.0004500. A decisive break of either of these levels could determine the next significant move for FARTCOIN. Featured image from Adobe Stock, chart from Tradingview.com

#solana #sol #solana price #sol price #rsi #solusd #solusdt #solana news #sol news #macd #relative strength index #gemxbt

Solana is treading on thin ice as it tests a crucial support zone between $175 and $177, a range that could decide its next big move. After a sharp rejection near $190, selling pressure is mounting, raising the stakes for bulls trying to defend this key area.  Momentum Fades: Solana Slips Below Key Moving Averages According to GemXBT in a recent post, Solana (SOL) is currently trending downward, showing signs of sustained bearish pressure. The price has slipped below critical short-term moving averages such as the 20 MA, 10 MA, and 5 MA, suggesting that sellers are firmly in control for now. This breakdown below key technical levels is often seen as a precursor to further downside, especially when not accompanied by strong bullish reversals. Related Reading: Solana Becomes The Talk Of Social Media As Price Hits $200 At present, the immediate key support level is around $175. If this support holds, there could be a chance for a technical bounce, particularly as the RSI is now sitting in the oversold zone. Historically, oversold RSI levels can signal potential reversals or at least a short-term pause in selling pressure. However, traders are watching closely for confirmation before expecting a recovery, especially with resistance looming near $190. Adding to the bearish picture, the MACD remains below the signal line, reinforcing negative sentiment in the market and downside pressure. Until SOL can reclaim the broken moving averages and flip $190 into support, the technical outlook leans cautious, with the potential for continued volatility. Key Support Retest: Can $175–$177 Hold The Line? In a recent post on X, AlgoCats shared insights from the Solana daily chart, highlighting a critical price zone. The analyst pointed out that SOL is currently testing the $175–$177 support range, an area that once served as resistance and is now being re-evaluated as a potential floor. This zone has become a key battleground between bulls and bears in the short term. Related Reading: These Two Bearish Scenarios Put Solana Price At $162 After Fakeout AlgoCats also drew attention to a notable upper wick on the latest daily candle, which extended into the $189–$190 region before facing a sharp rejection. This wick suggests heavy selling pressure at those higher levels, likely due to long liquidations and the presence of a significant supply zone. Such price action often reflects a lack of buying strength and the presence of aggressive sellers. Now, the focus shifts to whether the $175–$177 support can withstand the ongoing bearish momentum. According to AlgoCats, how SOL behaves around this zone will determine the next move. If support holds, a bounce is possible, but if it breaks, the market may see further downside pressure in the near term. Featured image from Adobe Stock, chart from Tradingview.com

#rsi #cryptocurrency market news #litecoin #ltc #m&a #macd #relative strength index #litecoin news #litecoin price #ltc price #ltc/usd #ltcusdt #ltc news #moving averages #ascending channel

The Boss, a crypto analyst, recently noted on a X post that Litecoin (LTC) is firmly holding its long-term upward trend that began back in 2020. According to his analysis, LTC has consistently bounced off this key ascending trendline, highlighting its ongoing relevance in the current market structure. As price action continues to respect this support, The Boss points out that the next crucial zones to watch are the yellow lines representing potential resistance areas marked by Fibonacci levels that could shape LTC’s next major move. Positive Technical Indicators In his analysis, The Boss stated that Litecoin’s momentum is strengthening, as reflected by the RSI (Relative Strength Index), which is currently around 64. This level also indicates growing buying strength in the market, suggesting that bulls are gradually gaining control and pushing prices higher without yet hitting overbought conditions. Related Reading: Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs Moving on to momentum indicators, the Boss explained that the MACD is trading in positive territory and has experienced a recent bullish crossover. This signal reinforces the rising momentum seen in Litecoin’s price action and the potential continuation of the existing trend if buyers maintain pressure. Additionally, Moving Averages (MA) are working in Litecoin’s favor. The Boss explained that $LTC is trading above both short- and long-term moving averages, particularly holding above the 50-day and 200-day MAs, which further supports the bullish outlook. These moving averages are critical support levels, and staying above them often attracts more bullish interest. Looking ahead, Fibonacci Zones provide key technical targets. The analyst emphasized that the $100 – $112 range remains a key technical resistance zone. A breakout above this level could open the path toward higher yellow-line targets, which are the next logical price areas to watch if momentum continues. Channeling Strength: LTC Holds Its Bullish Structure The Boss, in his structural analysis of Litecoin, noted that the price of LTC has remained within a well-defined ascending channel that has been in place since 2020. This long-term trendline has repeatedly acted as a strong support level, providing a foundation for upward moves. Related Reading: Litecoin Price Crosses $110 Level After 20% Rally — What’s Next For LTC? As long as LTC stays above this trendline, The Boss maintains a bullish mid-to-long-term outlook. This suggests that the overall trend remains intact, with potential for further gains if the price continues to respect this channel. In summary, The Boss maintains a bullish stance, underpinned by a combination of positive RSI and MACD signals, strong support from major moving averages, and clear resistance zones. He suggests that a push through the $100 – $112 range could trigger a larger upward move for Litecoin, taking aim at those higher yellow-line targets on the chart. Featured image from iStock, chart from Tradingview.com

#xrp #xrp price #xrp news #xrpusd #xrpusdt #macd #macd crossover

XRP is no stranger to dramatic breakouts, and now, all signs point to another one brewing. After years of range-bound price action, the token is flashing powerful signals on the weekly chart: a fresh MACD crossover, surging momentum, and a massive breakout structure forming. With $5 acting as the key psychological level, analysts believe a close above it could ignite a euphoric rally toward $8–$11. If history is any guide, the real fireworks may spark between August and October 2025. XRP Multi-Year Range Breakout Signals Strength According to The Ape Of Main Street, in a recent post on X, XRP appears to be breaking out of a multi-year consolidation range, signaling the potential beginning of a strong upward trend. This breakout comes as several technical indicators begin to align, sparking fresh optimism among long-term holders. Related Reading: XRP Price Fires Up Again: Momentum Grows, Eyes Key Resistance One of the most notable signals is a clean MACD crossover on the weekly timeframe, a classic indication of a shift in momentum toward the bulls. Alongside that, the RSI is climbing but still has room before it approaches levels historically associated with cycle peaks. The analyst emphasizes that a weekly close above the $5.00 mark would be a major milestone. Such a breakout would not only confirm the current rally but also clear the path for a more explosive leg up.  Should the breakout continue, the next macro targets lie between $8.00 and $11.00. These levels are not arbitrarily chosen; they align closely with the price action observed during XRP’s previous parabolic cycle.  No Reversal, No Limits? In wrapping up the analysis, the expert emphasized that the ongoing breakout in XRP looks both solid and sustainable, provided current momentum holds. The chart structure remains strong, with no immediate signs of exhaustion or reversal just yet. Related Reading: Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated However, a key milestone lies ahead. For the move to gain real traction, XRP must break decisively above the $5 mark. That level serves as a critical threshold, one that could shift market sentiment from optimism to outright euphoria, sparking a new wave of bullish momentum. Looking ahead, the analyst suggests that if this breakout continues uninterrupted, the next parabolic phase could begin to unfold as early as August and stretch through October 2025. This projection is based on a combination of technical indicators and historical patterns seen in past cycles, which tend to favor explosive rallies once psychological resistance levels are breached. In summary, XRP may be on the verge of a major breakout, provided it holds above key levels and maintains volume. With strong technical confirmation and historical context supporting the move, traders and investors alike will be watching closely to see if XRP can replicate its previous explosive rallies as this bull cycle unfolds. Featured image from Getty Images, chart from Tradingview.com

#avalanche #avax #avalanche price #rsi #macd #avaxusd #avaxusdt #ema #adx #dmi #cci #crypto analysis ai #kdj

Crypto Analysis AI, in a recent update on X, highlighted that Avalanche (AVAX) is displaying mixed signals across multiple timeframes. While the short-term (1-hour) chart leans slightly bullish, the medium-term (4-hour) view suggests caution. Price action has recently tested resistance near $23.24 and is now consolidating between $22.80 and $23.00. Though the broader trend remains upward, a brief pullback or sideways movement could be on the horizon before any further upside. 1-Hour Timeframe And 4-Hour Timeframe Analysis Crypto Analysis AI recently highlighted that AVAX/USDT is flashing bullish signals on the 1-hour timeframe, with 30 buy signals against just 9 sell signals. Indicators such as the EMA crossover (9 > 20), a bullish MACD, and a DMI uptrend suggest positive short-term momentum. Related Reading: Avalanche 12-Hour TD Sequential Flashes Sell Signal After Nailing 50% Rally – Details The RSI at 59.48 supports a bullish outlook without being overbought, while the CMF at 0.1367 signals accumulation. These signs point to strong buyer interest and underlying market strength at current levels. However, some caution is warranted. The KDJ indicator has issued a sell signal, and the HMA reflects potential short-term exhaustion, pointing to a brief pause or pullback in the uptrend. On the 4-hour chart, momentum weakens slightly with 29 buy signals facing 14 sell signals. While the ADX (37.80) confirms trend strength, the CCI (143.48) and RSI (65.03) suggest overbought conditions near the $23.24 resistance.  Avalanche Current Price Action & Key Levels According to Crypto Analysis AI, Avalanche was trading around $22.89, testing key resistance zones. The price recently surged from $21.16 to $23.24 on the 4-hour chart, before entering a consolidation phase in a tight range between $22.80 and $23.00. Short-term momentum looks bullish, especially on the 1-hour timeframe, whereas the 4-hour chart suggests the trend may be losing steam and needs confirmation for further upside. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Crypto Analysis AI predicted a breakout toward $23.50–$24.00, and AVAX has surpassed this level. On the downside, initial support lies at $22.60, followed by $22.00–$22.20 as a stronger demand zone. If losses deepen, $21.60–$21.80 could provide key support. The analyst also warned of overbought signals on the 4-hour RSI and CCI, which may trigger a short-term pullback. Additionally, low volume during recent dips signals weak buyer follow-through.  Giving his final verdict, the analyst noted that Avalanche remains in an uptrend, but short-term traders might consider looking for pullbacks to the $22.60–$22.80 range for potential long setups. Meanwhile, medium-term traders are advised to watch for either a confirmed breakout above $23.24 or a deeper retest of the $22.00–$22.20 zone, as this could establish a stronger support base. Featured image from Medium, chart from Tradingview.com

#shiba inu #meme coin #shib #intotheblock #shib news #shib price #cryptoquant #coinmarketcap #shiba inu news #shiba inu price #shibusd #shibusdt #macd #javon marks #moving average convergence divergence

Shiba Inu’s exchange reserves have hit a new low, the lowest level since 2023, providing a bullish outlook for the top meme coin. Based on this development, SHIB looks well primed for a parabolic rally, which could happen soon.  Shiba Inu’s Exchange Reserves Hit Lowest Level Since 2023 CryptoQuant data shows that Shiba Inu’s exchange reserves have dropped to their lowest level since January 2023. This metric refers to the amount of SHIB that is held in wallets linked to crypto exchanges. As such, the drop in these reserves indicates that there has been a massive accumulation by whales who have been moving coins to cold storage for long-term holding.  Related Reading: Shiba Inu Breakout Programmed: Diamond Hands Are Up 783%, SHIB Burn Rate Explodes 1,784% This development is significant as a price surge could follow, with Shiba Inu rallying to new highs. In 2023, as the exchange reserves began to decline, SHIB witnessed a God candle, which sent its price above the psychological $0.00003 level. The meme coin surged from a low of around $0.000007 back then.  IntoTheBlock data also shows that Shiba Inu whales are back to accumulating SHIB, which could spark this rally as demand outweighs supply. Over the last week, SHIB’s largest transactions have been steadily climbing from the lows recorded in June when the meme coin fell to the support level at $0.000010.  It is also worth noting that Shiba Inu’s correlation with Bitcoin is 0.92, indicating a strong positive correlation between the two assets. As such, the meme coin could also skyrocket as the leading crypto targets new all-time highs (ATHs). BTC is looking to reclaim the $120,000 psychological level, a development which could help SHIB maintain its momentum as it rallies towards $0.000020.   Another Rally To $0.000030 In Sight For SHIB In an X post, crypto analyst Javon Marks confirmed that Shiba Inu is eyeing another rally to $0.000030. He stated that in the short term and based on confirmed data, SHIB is expected to reach the $0.000032 level in response to a bullish divergence. The analyst noted that this move itself is over 135% and could only be the start of a larger bullish reversal.   Related Reading: Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence The analyst had earlier revealed that Shiba Inu had confirmed a clear bullish divergence on its Moving Average Convergence Divergence (MACD). Marks further remarked that this development points to a nearly 180% upside, which would send the meme coin back to around $0.000032. Meanwhile, crypto analyst Investing Haven also confirmed that the targets of $0.000044 to $0.000066 remain valid for the top meme coin.  At the time of writing, the Shiba Inu price is trading at around $0.00001439, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#bitcoin #btc price #bitcoin price #btc #bitcoin news #rsi #sma #btcusd #btcusdt #btc news #macd #relative strength index #moving average convergence divergence #average directional index #shaco ai

Shaco AI, in a fresh update, highlighted that Bitcoin is showing off its moves, dancing upwards past both the 25-hour ($119,088.50) and 50-hour ($118,338.56) Simple Moving Averages. With such momentum, it’s clear BTC has decided it’s not a bear season yet. Momentum And Indicators Shaco AI’s analysis on Bitcoin dives deep into the technical indicators, and there’s no shortage of bullish energy in the air. First off, the Relative Strength Index (RSI) is currently riding high at 86.02. That’s well into overbought territory, and as Shaco colorfully put it, “it might need to hydrate soon.” Such elevated RSI levels often signal a potential cooldown on the horizon, but for now, momentum is favoring the bulls. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Adding fuel to the trend is the Average Directional Index (ADX), which sits at a robust 44 points. According to Shaco AI, this reading confirms that the current uptrend is strong and well-supported.  The MACD (Moving Average Convergence Divergence) indicator is also reinforcing this bullish narrative, with a reading of 967.98. Shaco described it as “screaming positive vibes,” a signal that buying pressure continues to dominate. A rising MACD in conjunction with a strong ADX often paints a picture of confident market participants driving the trend with conviction. One of the most telling signs is volume. Shaco pointed out that Bitcoin’s trading volume has surged to 2704.5, a significant leap above its average of 856.81. He described this as “some serious weight lifting in buying interest,” underscoring that this isn’t a weak or speculative move — traders are putting real capital behind the rally. Support And Resistance: Bitcoin Make-Or-Break Levels The analyst went further to highlight key levels traders should closely monitor. He noted, “Key Levels Alert: Keep an eye on the resistance at $122,666.0 and support sitting firm at $116,900.05. It feels like Bitcoin is playing ‘The Floor is Lava’ with support levels!” This colorful analogy points to the importance of holding key support to maintain bullish momentum. Related Reading: Bitcoin Consolidation Continues: 2 Key Support Levels To Watch According to Shaco AI, if Bitcoin can sustain a move above the current resistance zone, traders might want to watch for a potential breakout. However, with the RSI already deep in overbought territory, there’s also the possibility that BTC may “peak too soon,” leading to a pullback or brief consolidation phase. He wrapped up the post with a reminder that while momentum is clearly favoring the bulls, it’s essential to stay cautious. “Always make well-informed decisions and manage your risk carefully,” the analyst advised, reinforcing the importance of strategic planning in a volatile market. Featured image from Pixabay, chart from Tradingview.com

#ethereum #ethusdt #macd #ethereum breakout #ethereum resistance #daan crypto #sentora

Popular market analyst with X username Daan Crypto has provided an important insight into the Ethereum market, stating the altcoin finds itself in a delicate price situation. Notably, Ethereum (ETH) prices crossed above $2,800, a critical resistance level, before briefly touching the $3,000 zone. During this period, the second-largest cryptocurrency registered market gains of 16.77% to produce a remarkable price performance. Related Reading: Ethereum Price Breaks Through 50EMA After Rejection, ETH Dominance Sees Resurgence Bulls Eye $4,000 As Long-Term Range Breakout Holds In an X post on July 12, Daan Crypto explains that $2,800 has acted as a long-standing resistance capping Ethereum price action on both sides over the past two years. Following recent bullish fortune, the prominent altcoin decisively broke through this price barrier, signaling intent for further price gains. However, the price retracement from $3,000 suggests the bulls are facing immediate profit-taking pressure that may force a return below $2,800. According to Daan Crypto, while a quick price dip and buy-back up may not harm current bullish sentiments, a stalled price action under $2,800 may force ETH to revisit lower levels around $2,100-$2,160. The analyst highlights that ETH bulls maintaining a price point above $2,800 is critical to sustaining the present bullish structure, paving the way for a price return to the market cycle peak at $4,000. From a risk/reward perspective, this level now offers traders a clear invalidation point that market bulls remain in control as long as ETH stays above $2,800. Interestingly, the Moving Average Convergence Divergence (MACD) indicator on the ETH daily chart backs the potential of a sustained price uptrend. This is because the MACD line recently crossed above the signal line, which is largely interpreted as a bullish signal. However, it’s worth noting that the Relative Strength Index (RSI) is valued at 71.12, in the overbought zone. This report suggests Ethereum holds strong potential of becoming an overheated market, resulting in a wide spread distribution. Related Reading: Dogecoin Megaphone Pattern Confirms Price Blowup, ‘Don’t Miss This Last Rally’—Analyst Ethereum Market Overview At the time of writing, Ethereum trades at $2,966 on the daily chart, reflecting a 0.11% decline in the past day. Despite the minor pullback, the asset has posted an impressive 16.53% gain over the past month, indicating that the majority of investors remain in profit. According to data from blockchain analytics firm Sentora, the Ethereum network recorded total network fees of $6.04 million, representing a modest 0.60% drop compared to the previous week. This slight decline in fees points to a small reduction in transaction activity on the network. Meanwhile, crypto exchanges registered outflows of $493 million, suggesting investors are opting to keep their assets in private wallets. Such behavior typically reflects growing confidence in the market, as users are less inclined to sell and more likely to hold in anticipation of continued price appreciation. Featured image from Pexels, chart from Tradingview

#ethereum #bitcoin #btc price #bitcoin dominance #solana #bitcoin price #btc #dogecoin #altcoin #altcoins #bitcoin news #altcoin season #eth/btc #rsi #btcusd #btcusdt #btc news #macd #altcoin news #altcoins news #fibonacci retracement #spot solana etfs #xrp btc #spot xrp etfs

Bitcoin’s price is holding firm despite growing chatter about the end of its market dominance. However, analysts are turning their attention not to Bitcoin’s price but to its waning market share as signs that altcoins may finally be ready to take center stage in what could become a full-blown altcoin season. A post on X has highlighted a specific breakdown structure in BTC dominance, which is linked to nine factors indicating that the altcoin season has begun. Technical Factors Showing Fall Of Bitcoin Dominance According to the analyst, Bitcoin dominance reached a peak of exactly 66% on June 27, 2025, a date he calls significant for its esoteric code 434 and its occurrence on a new moon. From a technical perspective, the 66% mark coincided precisely with the 0.786 Fibonacci retracement level, a region many traders consider a reversal zone. More importantly, several warning signals are flashing for Bitcoin traders. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says  The analyst’s post on the social media platform X features a few price charts to emphasize how the Bitcoin dominance might be fading, alongside nine factors. From a purely technical lens, the dominance chart looks increasingly exhausted. The first factor is the most recent highest monthly RSI in the history of the Bitcoin dominance chart. This event has created an overbought condition, and the next outlook is a possible crash of the RSI. The MACD, in fact, has already crossed into bearish territory. Furthermore, the histogram has turned negative, and the faster line has moved below the slower one, which is a classic signal of an impending downtrend. Another interesting factor is that Bitcoin dominance has now broken a key diagonal support line that held firm through much of 2024 and 2025, which is another possible structural breakdown.  Fundamental Factors Show Strong Rotation Into Altcoin Pairs While the technical picture is deteriorating, the fundamentals are also stacking in favor of altcoins very quickly. The first fundamental factor is the importance of upcoming altcoin spot ETFs, which have the possibility to redirect institutional flows from Bitcoin into Ethereum, XRP, and others.  Related Reading: Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope ETFs such as the Spot XRP, Dogecoin, and Solana ETFs could rapidly increase inflows into the rest of the crypto market, similar to how Spot Bitcoin ETFs caused massive inflows into Bitcoin. The analyst also highlighted the likelihood of upcoming U.S. Federal Reserve rate cuts, which would tilt market conditions in favor of altcoins over Bitcoin. Momentum has also begun to shift in some trading pairs, particularly XRP/BTC and ETH/BTC, both of which are showing reversal signs from critical levels. The XRP/BTC chart displays repeated failed attempts to break above 0.0000215 BTC, a horizontal resistance that has now been tested five times on the daily candlestick timeframe chart. At the time of writing, the XRP/BTC pair has returned to this level yet again, and based on this pattern, any clean breakout here could confirm a decisive rotation into XRP.  Likewise, Ethereum has begun to recover from long-term oversold conditions when measured against Bitcoin. The rounded bottom pattern forming on the ETH/BTC weekly chart shows a reversal from undervaluation, which in past cycles has caused substantial gains for Ethereum relative to BTC. Featured image from Pixabay, chart from Tradingview.com

#link #rsi #link price #chainlink price #chainlink #chainlink news #linkusd #macd #linkusdt #ema #link news #adx #obv

Sharing fresh insights on X, Crypto Analysis AI observed that Chainlink is maintaining its upward trajectory, but not without signs of fading strength, identifying $14.20 as a key level to watch. Holding above this level could preserve the bullish structure, while a breakdown might trigger a deeper pullback.  Mixed Signals In Focus: Chainlink Short-Term Strength Vs. Medium-Term Caution According to Crypto Analysis AI, LINK/USDT is currently showing mixed signals, with a slight bullish bias in the short term but potential consolidation or pullback risks in the medium term. The 1H timeframe shows more buy signals, while the 4H timeframe indicates weakening momentum after a strong uptrend. Related Reading: Chainlink Consolidates Above Key Support – Bulls Eye $20 Range In the 1H timeframe, the following bullish signals are active: ADX (35.47, strong trend), EMA (EMA9 > EMA20), KDJ (buy), ICHIMOKU (buy), and TRIX (buy). At the same time, several indicators are flashing bearish signals, including MACD (histogram negative), PSAR (sell), and Keltner Channels (sell). Some metrics remain neutral, with RSI at 57.60 (not overbought) and OBV showing neutral. For the 4H timeframe, bullish signals include ADX (34.17, strong trend), MACD (positive histogram), and Supertrend (buy). However, KDJ (sell), SMI (sell), and Schaff Trend Cycle (overbought) are signaling possible weakness. RSI at 66.94 (nearing overbought) and neutral OBV further support a cautious medium-term view, which increases the risk of a pullback. Key Observations from Crypto Analysis AI note that short-term momentum favors bulls. However, medium-term indicators suggest exhaustion, pointing to the 4H RSI reading. Fluctuations And Consolidation Signal Caution Crypto Analysis AI reports that the current trend for Chainlink remains an uptrend, but is slowing. Looking at recent price action, Crypto Analysis AI observed that on the 1H timeframe, LINK fluctuated between $14.25 and $14.48, closing at $14.34.  Related Reading: Chainlink (LINK) On Standby: Bitcoin’s Next Move Holds The Key Meanwhile, on the 4H chart, there was a strong rally from $13.50 to $14.49, which is now consolidating near $14.30 and $14.40. The analyst also mentioned that volume is declining in the recent 1H candles, which suggests weakening momentum. Crypto Analysis AI identified the following key resistance levels: $14.48 (recent high) and $14.65 (upper Bollinger Band, 1H). In terms of key support, he pointed out $14.20 (recent swing low, 4H), followed by $13.90-$14.00 (psychological support, 4H EMA20) and $13.50 (strong support, previous breakout zone). Outlining potential bullish scenarios, Crypto Analysis AI explained that if LINK holds above $14.20, it could retest $14.48 and $14.65. In a bearish scenario, a break below $14.20 may lead to a deeper correction toward $13.90-$14.00. Meanwhile, for a neutral scenario, Chainlink may continue to consolidate between $14.20 and $14.48 before the next directional move. Finally, Crypto Analysis AI flagged several cautionary signals: 4H RSI near 67 could trigger profit-taking while the MACD histogram is declining despite higher highs. Furthermore, there is lower volume on recent up moves, suggesting weakening demand. Featured image from Shutterstock, chart from Tradingview.com

#xrp #xrp price #xrp news #xrpusd #xrpusdt #macd #ema #falling wedge pattern

XRP is showing mixed signals across timeframes, leaving traders on edge as the price approaches the key $2.35 level. While a recent breakout from a falling wedge on the 3-day chart suggests a bullish reversal, the 4-hour chart reveals signs of slowing momentum and a possible rising wedge. With buyers and sellers locked in a battle, $2.35 could be the tipping point that decides whether XRP surges higher or slips into a near-term correction. XRP Breaks Out Of Falling Wedge On 3-Day Chart In an X post, LSplayQ highlighted a key technical development on the XRP 3-day price chart, pointing to a breakout from a falling wedge pattern. This type of pattern is commonly associated with bullish reversals, signaling that market sentiment may be shifting in favor of the bulls. Related Reading: XRP Silent Accumulation: A Falling Wedge On The Verge Of Explosion Following the breakout, XRP is currently trading around $2.26, and according to LSplayQ, the move suggests that buyers are stepping back in to reclaim control. The price action marks a significant shift after an extended period of downward compression within the wedge. If the bullish momentum continues, LSplayQ notes that XRP could target a breakout level near $2.72, which represents an upside potential of roughly 20% from the current price. That said, LSplayQ also warns of the risk of a pullback if XRP fails to hold above the wedge breakout level. In such a scenario, the price could retest the $2.10 zone as a potential support. Overall, the technical outlook leans bullish, as long as XRP maintains its position above the breakout level. Rising Wedge Pattern Signals Caution Ahead In a post on X, The Crypto Bushman pointed out that XRP is pushing higher on the 4-hour chart, but warned that seasoned traders are keeping a close eye on what lies beneath the surface. Related Reading: XRP Price Pops and Drops — Can Bulls Regain Control? According to the analyst, the price is currently trading above both the 20- and 50-day EMAs, which typically signals short-term strength. However, the overall structure appears to be forming a rising wedge, a pattern often linked to potential reversals. At the same time, momentum is beginning to fade, with the MACD flattening and volume tapering off, which Bushman describes as classic signs of a potential trap move. The Crypto Bushman emphasized that a failure to break cleanly above $2.35 could lead to the setup rolling over. In that case, the $2.25 zone becomes a critical level to watch for a possible breakdown and shift in sentiment. On the flip side, a strong breakout backed by volume could fuel another leg up toward $2.50 if buying pressure returns decisively. Featured image from Getty Images, chart from Tradingview.com

#shiba inu #meme coin #shib #shib news #shib price #coinmarketcap #shiba inu news #shiba inu price #shibusd #shibusdt #shibburn #macd #javon marks #moving average convergence divergence #year-to-date #ytd

Crypto analyst Javon Marks has provided a bullish outlook for the Shiba Inu price, predicting a potential rally of 180%. The analyst alluded to an indicator that suggests that SHIB can record this explosive rally, reclaiming the psychological $0.00002 level in the process.  Shiba Inu Price Eyes 180% Rally As MACD Forms Bullish Divergence In an X post, Javon Marks stated that the Shiba Inu price has formed a clear Bullish Divergence with its Moving Average Convergence Divergence (MACD). He further remarked that this points to a nearly 180% upside for SHIB to rally to $0.000032. Marks added that this may only be the start of a much larger positive reversal for the meme coin.  Related Reading: 65% Of Shiba Inu Holders Suffer Massive Losses As Curse Of June Takes Hold His accompanying chart showed that the Shiba Inu price could hit this target between now and year-end. This provides a bullish outlook for the meme coin, which has greatly underperformed this year. SHIB has recorded a 45% loss year-to-date (YTD). Meanwhile, the coin is also down over 8% in the last 30 days.  This represents a change of fortune for the meme coin, which recorded a gain of around 150% in 2024. However, based on Javon Marks’ analysis, the Shiba Inu price could still end this year in the green if it records this projected 180% rally. SHIB could also reclaim one of the top 10 spots in the ranking of cryptocurrencies by market cap.  Fundamentals like the SHIB burns and network activity could spark this momentum for the Shiba Inu price. In an X post, a SHIB community member revealed that the meme coin has just shattered another record. Over 1.5 million on-chain wallets now hold the meme coin, with the number still rising.  However, the SHIB burns will need to pick up as they remain unstable. Shibburn data shows that the daily burns have crashed by over 82%, with 1.5 million SHIB burned in the last 24 hours. The burn rate is also down around 11% in the last seven days, with 48 million SHIB burned during this period.  SHIB Can Rally As Much As 600% Javon Marks is still confident that the Shiba Inu price can rally as much as 600% in the long term. He recently stated that the $0.000081 target for SHIB remains unchanged and that sights are still on an over 609% uphill run to reach it in response to a massive holding breakout of the displayed resisting trend.  Related Reading: Can The Shiba Inu Developer Push SHIB Price To $0.01? Expert Responds The analyst remarked that due to the post-breakout action, he sees this target being broken above, bringing $0.0001553 in play. Marks, however, failed to provide a specific timeline for when this 600% Shiba Inu price rally could occur.  At the time of writing, the Shiba Inu price is trading at around $0.00001181, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com