80 remains the target if the 100 SMA acts as support like last time. Atm, we can see the price holding there. Very clear invalidation and if it breaks we could go straight to 62.
XRP price action has been disappointing for most of the people. Price has now reached a critical level at 0.58. For now it seems to hold and price can rebound from here. Should it break, thinks could get ugly and the door for 0.54 would be wide open.
Bitcoin price touched the support at 40.6k this morning and is now rebounding. The price could easily reach 42k before taking a break.
Bitcoin price is trading under resistance. If the price breaks 42.1k we can go back to 44k and finally attempt 46-48k. Wait for a breakout!
Chainlink seems prompt to repeat the previous rally to 18. If the 200 SMA acts as support, we can start it from there and it will be a pretty straight line.
XRP price seems promt to go up and eventually reach 0.72. Flip 0.65 and it's free-way to 0.70.
It seems that BTC wants to go higher, at least until 44k before taking a break. Flip 42.1-42.2k resistance and could fly.
ETH price is currently hoveringwith the 200 SMA (2'026). If this level provides support, there is potential for a rally, with an initial target of 2'080 followed by a subsequent target of 2'150. This would confirm the pattern of deviations below the 200 SMA as highlighted in the chart.
The price swiftly rebounded from the 54.50 level and is currently on an upward trajectory. If it successfully surpasses the 56.60-80 range and retraces to test the triangle, there is potential for a substantial rally, possibly reaching 59 or even 62. On the other hand, there is the possibility of the price staying confined within the triangle. In the event of a...
INJ has been holding up strongly. 16.4 needs to hold in order to continue the positive trend and reach 18. A break of the the 100 SMA would break the trend and bring the price down to 15.3 or 14.1.
Everybody is looking at the same structure, which looks like a textbook breakout from a descending triangle. I would place buy orders if we break 0.625, looking for continuation. There is also a possibility that price will be back in the triangle, in that case, I would place sell orders at 0.58 with target 0.54.
Chainlink successfully held 13.40 level and seems prompt to replicate its previous rally path.
After Binance noise, the 70s are still achievable if the price can hold here. First stop in the low 60s and the up to 70 if market conditions are favourable.
ETH could break 2'030-2'050 resistance area and reach 2'150 as next tp. In case of rejection we could expect a retest of 1'925. Position accordingly.
Solana is currently consolidating; should it maintain support at 59, there's potential for a surge into the 70s.
Currently, two scenarios are on my radar. The first involves a robust closure above 36.4k, potentially paving the way for a subsequent rally towards the 38.5k-39.0k range. Alternatively, there's the prospect of revisiting the 34.2k level. Will wait for triggers.
ETH got a big boost from BlackRock news yesterday. Chart looks good and should 2'150 break, I see the price going to 2'300 first, 2'450 second and ultimately 2'600.
Solana continues to demonstrate significant bullish momentum, establishing itself as a standout performer in the current market conditions. The crucial support at 48.30 has proven resilient, serving as a potential launchpad for a move towards 55. (possible consolidation in the range 50-51 before taking off).