BTCUSDT is trading around 58,081 USD, facing strong resistance at 59,553 USD (EMA 34) and 60,700 USD (EMA 89). The MACD shows that the downward momentum is weakening, suggesting a potential short-term rise. If BTC breaks the 60,662 USD level, the next target could be 58,050 USD. Conversely, if it fails to break through, the price may return to the key support at...
BTCUSDT is in a stable uptrend, trading around $58,398 with a short-term target at $59,375, a crucial resistance level. If this level is breached, the price could reach $60,059. The EMA 34 and EMA 89 act as dynamic support for the current trend, as long as the price stays above these levels, indicating continued bullish momentum. In terms of news, U.S. inflation...
BTCUSD is currently in an uptrend, trading around $58,343 and approaching a critical resistance level at $59,184. The EMA 34 and EMA 89 are supporting the ongoing uptrend, indicating that the bullish momentum remains strong as long as BTC stays above these levels. If BTC fails to break through the minor resistance at $59,184, the price may retreat to test the...
SOLUSDT is currently trading around $134.35 with strong resistance at $137.55. If it fails to break this resistance, the price may retrace to test the $130.00 support level, which has held several times before. The EMA 34 and EMA 89 are supporting the uptrend, but if the price falls below $130.00, the downtrend could continue. U.S. CPI news could have a...
ETHUSDT is fluctuating between the $2,394 resistance and $2,222 support. The resistance at $2,394 has repeatedly blocked upward momentum. If ETH fails to break through this resistance, it may correct down to the $2,222 support before attempting a slight recovery. The RSI is at a neutral level (53.96), indicating that the market is neither overbought nor...
The downtrend dominates as XRP has adjusted from the strong resistance around 0.6300 USDT. The price may continue to correct toward deeper support levels if it fails to break through the EMAs and short-term resistance. The 34 EMA at 0.5576 USDT and 89 EMA at 0.5513 USDT: Currently, the price is below both EMAs, indicating short-term bearish pressure. The main...
The SOLUSDT chart shows a prevailing downtrend as the price trades below the EMA 34 and EMA 89, currently at 131.90 and 134.84, respectively. The key resistance is around 137 USDT, and failure to break this level could result in the price retesting the support at 127 USDT. The price is expected to see a slight recovery before continuing to decline, as the...
The BTCUSD chart shows a dominant downtrend as the price trades below key moving averages: EMA 34 at 58,760 USDT and EMA 89 at 60,759 USDT. The MACD indicator remains in a negative state, with the MACD line below the signal line, indicating strong selling pressure and a potential continuation of the short-term downtrend. A positive scenario would be a recovery...
The BTCUSDT chart shows a long-term downtrend with a descending trendline from the peak around 68,000 USDT, reflecting Bitcoin’s adjustment phase after the early 2024 rally, amid strong selling pressure. The 34 EMA at 58,753 USDT and 89 EMA at 60,759 USDT are both above the current price, indicating a short-term bearish trend. RSI is at 42.31, suggesting the...
BTCUSDT is forecasted to continue fluctuating within the range of 54,000 to 56,700, with a potential pullback toward support before testing resistance levels again. The EMA 34 and EMA 89 act as dynamic resistances. Currently, BTCUSDT is trading below both EMA 34 and EMA 89, indicating a mild downward trend. The chart highlights two key resistance levels: Target...
In today's session, BTCUSDT is showing signs of recovery after a sharp decline. However, this upward movement may only be a temporary correction before continuing the overall downtrend. The EMA 34 and EMA 89 are both trending downward, indicating that selling pressure is still dominant. The MACD indicator currently shows a short-term bullish signal with green...
Tomorrow, the U.S. Consumer Price Index (CPI) report will be released. If the CPI exceeds expectations, this could lead to an increase in USD value, putting downward pressure on Bitcoin. On the 4-hour BTCUSD chart, the downtrend has persisted from the 58,109 level, dropping further to a low of 53,068 before a slight recovery. The 34-period EMA is positioned...
On the 4-hour timeframe for SOLUSDT, the price is moving within a narrow range between 130 and 135. If the price breaks above 135, the next upward move could occur, and the price might retest stronger resistance near 135. If the price fails to break the resistance and shows reversal signals, traders may consider selling with a target of the 128 support level,...
SOLUSDT is currently fluctuating between the resistance zone of 134 - 136 USD and the support zone around 122 - 124 USD. The price has faced multiple rejections at resistance, but if it breaks through, a strong upward move could follow. At present, the RSI stands at 47.74, indicating balanced buying and selling pressure. Meanwhile, the price remains below both...
BTCUSD is trading near the crucial support level at $53,000, where the price has previously reacted strongly. The downtrend remains dominant with a clear downward trendline on the chart. However, there is a possibility that the price may break the downward trendline and rise to higher resistance levels, aiming for $58,201 if enough momentum is gained. The 34 and...