MonoCoinSignal

MonoCoinSignal Updated 

PEPE is in an interesting position on the 1-hour chart. It's in a slow uptrend and has recently pushed past a key resistance level that had been keeping the price down. This move up is backed by high trading volume, which signals strong interest from traders. The technical indicators, when taken together, show a market that’s cautiously optimistic. The Bollinger...

MonoCoinSignal

There’s a clear pattern of the price touching these points and reacting to them. Recently, the price dipped below what we thought was a solid floor, or support level, but then it made a comeback, rising above it again. The extra tools we use to predict where the price might go next are giving mixed signals: The MACD, which helps us see the momentum, is almost...

MonoCoinSignal Updated 

The last day saw a moderate decrease in Bitcoin’s price by 0.44%, signaling a consolidation period post-halving. Trading volume stands at 308K; the context of whether this volume signifies a decrease or increase in trader activity could add significant color to current market sentiment. The price is currently trending below the simple moving average (SMA) of...

MonoCoinSignal

Cardano has retested its important support zone within its weekly chart. There appears to be a substantial probability of an upward price surge.

MonoCoinSignal

The price of SHIB, after reaching a defined resistance area and experiencing a price correction, is now beginning to grow again. This growth has been accompanied by a break in the downtrend line, and if the price can stabilize in the four-hour timeframe and form a strong bullish pattern, there is a possibility of resuming the uptrend. Conversely, if strong bearish...

MonoCoinSignal

The price of UNI has recently broken through the lower boundary of the orange box during a correction phase. This breach has caused the price to close below this level. If stronger bearish patterns form in this area, the price may decrease further to the lower support zone. On the other hand, price consolidation has not yet occurred on the weekly timeframe. If the...

MonoCoinSignal

XRP is currently in a support zone and at the bottom of an ascending channel. If bullish patterns form in this area, the price is expected to rise to the channel's ceiling and the indicated resistance zone. If the blue support zone breaks and the price closes below it, a downward trend will begin.

MonoCoinSignal

The price of DOT is currently in a correction phase and has reached the first support zone. Be aware that if we observe the emergence of strong bullish patterns in the daily timeframe, there is a possibility that the price may move towards the second resistance area. Additionally, if the current support zone is lost and breaks downward, the price may continue to...

MonoCoinSignal

The price of XMR has recently broken out of a long-term downtrend and exited this pattern. Currently, the price is fluctuating within a specific range and is in a trading range phase. If the price breaks out of this range, it is expected to change by the width of the rectangle. Additionally, if strong bearish patterns form, the price may decrease to the area of...

MonoCoinSignal

The price of CRO has reacted after encountering the second resistance level and has entered a correction phase. It is important to note that if strong bullish and reversal patterns emerge, there is a possibility that the price may resume its upward trend and reach higher targets.

MonoCoinSignal

Recently, the price of ADA has found support at a crucial level and there are signs of a forming bullish pattern. Additionally, previous support levels are now acting as resistance. There is a possibility that a new upward channel is forming, but overall, the current market trend remains bearish.

MonoCoinSignal

The overall trend for BNB is bullish. After forming a bullish pattern known as a running flat, the price of the currency has experienced a significant rise. Currently, the price is fluctuating within a blue-colored range, and if it breaks out of this range, the price could change by the width of the range.

MonoCoinSignal

Pepe is currently in an upward trend. Our analysis shows this is supported by higher lows and higher highs, with an ascending trend line that has been drawn. Following the formation of bullish reversal patterns near this trend line, the price has increased and achieved set targets. After breaking through resistance levels, the price has reached a new support...

MonoCoinSignal

In the current climate of the Bitcoin market, we are seeing a consolidation pattern forming with the price teetering around $64,222. The persistent challenge at the $70K resistance has become a decisive battlefield for bulls and bears, indicative of the market's pivotal indecision. The Bollinger Bands display a widening gap, suggesting an increase in volatility...

MonoCoinSignal

After a momentous breakout above its All-Time High (ATH) range of approximately $2,140 - $2,450, gold is flashing signals of a strong bullish uptrend. The consolidation just above the ATH manifests a potential bullish flag formation, indicative of a continuation pattern. Subsequent to the breakout, gold has retested the ATH, now turned support, before launching...

MonoCoinSignal

The price of NEAR has managed to break through a significant resistance observed at the last peak of the downward trend, entering an upward trend phase. By reaching a specific area marked in green, not only has this level been breached, but it seems that the price is stabilizing at this new level. The existing bearish candles, which are considered a pullback, will...

MonoCoinSignal

In the weekly technical analysis of HBAR, we observe that its chart has formed a triangular pattern. Recently, the upper side of this triangle has broken, indicating that the initial target set (TP1) has been achieved. After reaching this target, the price entered a corrective phase and reached a significant support area, which is highlighted in blue on the...

MonoCoinSignal Updated 

SHIB is currently showing a price action that's worth noting. The token has been unable to break a particular resistance level for about three weeks now. On the 4-hour chart, SHIB is trading at a point that has acted as both resistance and support in the recent past, indicating its significance. The MACD is hovering just below the signal line and the histogram...