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Showing posts with the label support levels

Solana Analyst Sees $123 And $116 As Mid-Zone Support Levels – Here’s Why

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Bitcoin set to rebound as BTC flashes major ‘buy signal’

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Bitcoin’s (BTC) ongoing sell-off may be nearing its end, with key technical indicators signaling a potential rebound after recent selling pressure. Notably, prominent trading expert Ali Martinez highlighted that the TD Sequential indicator is flashing a major buy signal on Bitcoin’s 12-hour chart. This setup suggests a possible move above $105,000, he said in an X post on May 31.  Bitcoin price analysis chart. Source: TradingView The TD Sequential is a time-based indicator that identifies trend reversals or price exhaustion. When the system counts to “9,” it often signals that the current trend is weakening and that a reversal or correction may be imminent. Notably, Bitcoin has printed a bullish “9” candle, hinting that the recent downtrend could end and a short-term rally might be underway. If the signal plays out, Martinez believes Bitcoin could retest $105,000, a level that recently flipped from support to resistance. Bitco...

Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?

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Litecoin Price Prediction for Today, February 24 – LTC Technical Analysis

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Litecoin (LTC) is under pressure as the broader market remains bearish, limiting any signs of recovery. With resistance at $147 and support at $102, its next move will depend on market sentiment. Will LTC break lower, or can buyers regain control? LTC Key Statistics Current Price: $122 Market Cap: $9.30 billion Trading Volume (24h): $843.8 million Circulating Supply: 75 million LTC Total Supply: 84 million LTC CoinMarketCap Ranking: #15 Over the past 30 days, Litecoin has dipped 11.85% from its peak, yet it has rebounded impressively—surging 43.44% from its lowest point. In the last week alone, it remains 2.04% above its recent bottom, showcasing resilience amid market fluctuations. LTC/USD Market Key Levels Resistance: $123, $143, $147 Support: $102 , $95, $75 LTCUSD – Daily Chart Litecoin (LTC) is currently trading at $122, experiencing a sharp 5.74% decline as broader market sentiment remains bearish. The price remains within the Keltner Channel,...

XRP Price Prediction for Today, December 31 – XRP Technical Analysis

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The XRP price prediction shows that XRP is ready to renew the bullish trend after refusing to cross above the moving averages. XRP Prediction Data: XRP price now – $2.10 XRP market cap – $119.89 billion XRP circulating supply – 50.41 billion XRP total supply – 99.9 billion XRP Coinmarketcap ranking – #4 XRP’s price history highlights the immense potential of being early to crypto projects. From its all-time low of $0.002802 on July 7, 2014, XRP has soared by an incredible 74,636.36%, underscoring the rewards of early investment. Despite correcting 45.49% from its all-time high of $3.84 on January 4, 2018, XRP’s growth showcases the long-term value of identifying promising projects early and navigating market volatility. This serves as a powerful reminder of the transformative opportunities in cryptocurrency for early adopters. XRP/USD Market Key Levels: Resistance levels: $3.20, $3.40, $3.60 Support levels: $0.95, $0.75, $0.55 XRPU...

Sui Price Prediction for Today, December 29 – SUI Technical Analysis

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The Sui price is recovering from the daily opening price at the $4.21 level as the price continues to fluctuate. Sui Prediction Data: Sui price now – $4.11 Sui market cap – $11.91 billion Sui circulating supply – 10 billion Sui total supply – 2.92 billion Sui Coinmarketcap ranking – #15 SUI’s journey highlights the potential of early investments in crypto projects, with its price surging an incredible 1027.31% since its all-time low of $0.3643 on October 19, 2023. Currently trading between $4.09 and $4.26 in the past 24 hours, SUI remains 16.7% below its all-time high of $4.93 reached just two weeks ago. This impressive growth underscores the value of spotting promising tokens early and holding them for long-term gains. SUI/USD Market Key Levels: Resistance levels: $5.30, $5.50, $5.70 Support levels: $3.00, $2.80, $2.60 SUIUSD – Daily Chart SUI/USD exhibits significant volatility, with the daily chart providing a clearer view of i...

Prediction markets set Bitcoin price for year-end

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Though Bitcoin’s (BTC) journey between December 4 and December 6 proved something of a round trip, the temporary surge toward $104,000 appears to have turned investors – and gamblers – decisively bullish. Specifically, the community active on the Kalshi prediction market – one of the two that rose to fame ahead of the 2024 U.S. presidential election – appears confident that BTC will hit a new all-time high (ATH) in the remaining weeks of the year. Specifically, the platform is, at press time on December 6, forecasting Bitcoin will stand at a high $127,000 on New Year’s Eve. Picks for you New store of value? Bitcoin's dominance over gold hits largest margin in history 1 hour ago Bitcoin sees massive pump and dump...

Orchid Price Prediction for Today, December 4 – OXT Technical Analysis

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The Orchid price prediction shows that OXT demonstrates a bullish outlook, marked by a breakout from a long-term falling wedge. Orchid Prediction Statistics Data: Orchid price now – $0.126 Orchid market cap – $124.03 million Orchid circulating supply – 979.78 million Orchid total supply – 1 billion Orchid Coinmarketcap ranking – #421 Getting in early on crypto projects can offer significant returns, and OXT is a great example of potential growth. Since its all-time low of $0.04664 on June 15, 2023, it has surged by an impressive +210.95%, with recent trading between $0.1222 and $0.1454. While it’s currently 85.73% below its all-time high of $1.02 from April 5, 2021, this recovery demonstrates its resilience and potential for future gains. As always, timing and research are crucial for making the most of such opportunities. OXT/USD Market Key Levels: Resistance levels: $0.150, $0.155, $0.160 Support levels: $0.095, $0.090, $0.085 OXTU...

Bitcoin Price Analysis As BTC Closes on $100K, MSTR Plunges 15%, And Crypto All-Stars Blasts Past $5 Million

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The Bitcoin price edged up 1% in the last 24 hours to trade at $99,215 as of 02:42 a.m. EST on trading volume that surged 12% to $113.7 billion. This comes after Bitcoin hit a new all-time high of $99,486, with technical indicators showing a possible continuation of the rally to cross the $100,000 mark. Despite the rally, MicroStrategy Inc shares (MSTR) tumbled 15% to $397 after Citron Research said that it’s betting against the software company because it is overvalued. Bitcoin Price To Sustain Its Current Upward Trend The Bitcoin price has been on a sustained uptrend, with higher lows and higher highs resembling the climbing of a mountain. According to data from GeckoTerminal , the support levels around $60,000 and $70,000 have allowed the price of Bitcoin to trend within the rising channel pattern. BTC now trades well above the 50-day and 200-day Simple Moving Averages (SMAs), supporting the bullish outlook of the price. The 50-day SMA crossed above the 200-day SMA around ...