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Arbitrum $10 Potential in Bull Market if Breakout this Resistanc#Arbitrum Hits New All-Time High LSE:ARB has just reached a new ATH of $1.84, currently trading at the red box resistance. If it breaks upward, #ARB could experience super bullish growth. However, if rejected, there may be more dip buying opportunities around $1.30. In a bull market, we can envision ARB/USDT price reaching $10. Our long-term outlook remains bullish. Support: $1.50/$1.30 Resistance: $1.75 Stay tuned for more updates and insights on Arbitrum's performance! #Crypto #Bitcoin #Bullmarket
Long
by CryptoPatel
Bitcoin ( $BTC ) Surges Past $45,000 for First Time Since April Bitcoin ( CRYPTOCAP:BTC ) Surges Past $45,000 for First Time Since April 2022! In the early hours of the day, Bitcoin's price surpassed $45,000 for the first time since April 2022, driven by expectations of a U.S. Securities and Exchange Commission ( #SEC ) approval for a spot Bitcoin exchange-traded fund (ETF). Are you ready for the next wave of crypto growth? Strong Resistance: $48600-$50600 #Bitcoin #Crypto #ETF #BitcoinETF
Long
by CryptoPatel
ASTRADAO/USDT 10x-50x Potential As per Chart and Project#ASTRADAO 10x-50x Potential Project I am Expecting ASTRA DAO will be next Gem in Bull Market. Trying to add very Small Quantity. Accumulation zone: $0.000000070-$0.000000095 Try to Add in Dip when Market Dump. ASTRA DAO: Astra DAO is a decentralized crypto asset allocator on Ethereum, offering convenient investment strategies and products/indices. The native MYX:ASTRA token provides access to utilities, rewards, development funding, treasury reserve, voting, and staking benefits. Note: DYOR Before Investing. Do you Own Research before investing in any Coins or Tokens.
Long
by CryptoPatel
Bitcoin Dominance Chart ( Altcoins Pump or Dump ? )Bitcoin Dominance Chart Analysis: Market Insights and Predictions Bitcoin dominance, or BTC dominance, is a metric that measures the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies. This indicator is used to gauge the strength of Bitcoin relative to the broader crypto market. Currently, Bitcoin dominance stands at 51.30%. Key Takeaways: - Bitcoin dominance is trading at a higher resistance zone, which may lead to a retracement. - A potential test of the 47.50% support level is possible before a leg up. - The relationship between Bitcoin dominance and altcoins: a. Increasing Bitcoin dominance: Altcoins may go down in value. b. Decreasing Bitcoin dominance: Altcoins may experience a pump in value. Support and Resistance Levels: Support levels: 47.50% / 40% Resistance levels: 53% / 70% Analysis: Bitcoin dominance is currently at a higher resistance zone, which could result in a retracement to the support level of 47.50%. This could potentially lead to a short-term pump in altcoins' value, as Bitcoin dominance decreases.
CRYPTOCAP:BTC.DShort
by CryptoPatel
Potential 5% Drop in Ethereum Price Amidst Transition from PoW t Ethereum's price is currently above a crucial support level at $2,147, maintaining a bullish outlook. Bears are gaining strength, as indicated by the Relative Strength Index (RSI) below 50 and red bars on the Awesome Oscillator (AO) moving towards zero. The Moving Average Convergence Divergence (MACD) shows positive histogram bars but had previously crossed below the signal line (orange band). If selling pressure increases, Ethereum might drop 5%, breaking the $2,147 support and testing a bullish barrier from $2,048 to $2,107. A further decline below $2,075 would confirm a continued downtrend, with a worst-case scenario testing support at $1,935, representing a 10% drop from current levels.
Short
by tradewith_ritik
APTOS : Technical Outlook of APTUSDT Aptos Overview: Cryptocurrency: Aptos (APT) Current Price: $7.79 Recent Change: -4.79% in the last 24 hours Last Week's Price: $8.41 All-Time High: $19.92 (January 2023) Future Predictions: Best-Case Scenario (2024): $12.65 Worst-Case Scenario (2024): $6.23 Predicted Price (February 2024): Average $9.08, Highest $9.71 Predicted Price (June 2024): Average $9.61, Highest $10.28 Market Activity: Total Supply: $305 million Market Cap: $2.37 billion Trading Volume: 139.6 million 30-Day Change: +12.32% Summary: Current market sentiment suggests a potential future value between $9 to $12 in 2024. Despite recent fluctuations (down by 4.79%), the 30-day trend shows an overall increase of 12.32%. Total supply is $305 million, and the market cap stands at $2.37 billion. In short, Aptos is a cryptocurrency with varying predictions for its future value, currently priced at $7.79. The market has seen ups and downs, but experts are optimistic about its potential growth to $9 to $12 in 2024. Regards
Short
by tradewith_ritik
ETHereumEth is booming after 2150 will it still be bullish? With the breakout, it is now pushing itself for 2400 Meanwhile, it tested the 2400 and now it's making its way towards the lower support. A smaller time frame showed the trend change but 1hr and 4hr is still bullish so this chance is to be of buy on dip . As it has broken down the 0.23 of fib-retracement. we need another confirmation for bearish which is trendline support. So re-entry would be at 0.5 and 0.6 lvl. The first target would be 2350. once it breaks that level, we are surely moving towards 2400. #eth #bitcoin #trendanalysis
BINANCE:ETHUSD
by SUTHARTRADE
BTC/USDT ( Technical View )The current price of Bitcoin is $37,801.73 USD, with a 24-hour trading volume of $20.58 billion USD. Bitcoin has experienced a 0.84% decrease in the last 24 hours, and its market cap is $739.28 billion USD. The circulating supply is 19.56 million BTC, out of a maximum supply of 21 million BTC. In the weekly analysis of BTCUSDT, all technical indicators and moving averages signal a strong buy. The RSI is at 74.00, indicating overbought conditions in Bitcoin. While the EMAs suggest a temporary bullish trend, caution is advised due to the overbought stance indicated by the RSI, with the potential for an upward swing. Key resistance levels are at $38,907, $40,032, and $41,654, while support levels are at $33,413, $34,538, and $36,160. Bitcoin exhibits high volatility, as evidenced by the ATR (14) value of 2358.
Long
by tradewith_ritik
Dogecoin Price PredictionDogecoin is showing positive sign above the $0.0800 resistance against USD. The price is trading the 100 SMA level in 4-hour time frame. The price could start strong rally if it clear the $ 0.0870 resistance. A close above the $ 0.0835 resistance might send the price toward the $ 0.0880. The next major resistance $ 0.0920 and the next move toward $ 0.0950. If Doge price fails to gain pace above the $ 0.0812 level, it could start downside correction. support level of dogecoin is $ 0.0792. The RSI for DOGEUSDT is now the 50 level. Major support levels - $ 0.0792, $ 0.0710. Major resistance level - $ 0.0812, $ 0.0835, $ 0.0880.
Long
by tradewith_ritik