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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
aiRight 20x Potential in Long Term Analysis10x-20x Potential Coin #aiRight Unleash the Power of AI Oracle for: - Authenticity - Copyright Protection - Fair Royalties on-chain Create, Trade, and Tokenize Unique Artworks in a Transparent & Trustless NFT Ecosystem! Current Price: $0.0029 Bull Flag Breakout Confirmed! Entry Points: 1️⃣ $0.0028-$0.0025 2️⃣ $0.0015-$0.0020 Targets: - $0.0075 - $0.021 - $0.04 Note:- Invest an amount small enough that you can forget about it for a few years. Follow us for more GEM Analysis.
ALong
by CryptoPatel
Q&A_ Where would bitcoin price move from here? My analysis.Namaste! Bitcoin is currently in a medium-term downtrend in weekly charts. Bitcoin has faked-out many bullish people in this daily candle. If 29240 level is broken here, then there will be a massive sell-off, according to my analysis. There is also a news supporting this, "CBDCs could 'kill' case for private cryptocurrencies, says RBI Deputy Governor". I am assuming a bull charge again only if price moves above 32015 levels. But I don't think it will sustain longer. Consolidation generally have a higher probability of price moving in current direction, i.e. "down" in current scenario. Interpretation is that, the buyer's are not interested to buy, hence it is consolidating. If they were more willing to buy, they would have done it fast (neither consolidate). There are mainly two types of people in the world. Type 1: a: They believe god does not exist. b. They believe alien does not exist. c. They believe Bitcoin will be the future of federal currency system. Type 2 people think the exact opposite. I am a type 2 person. Disclaimer: Do not take positions based on my analysis.
COINBASE:BTCUSDShort
by UnknownUnicorn7637383
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