Tag Archives: Technical analysis

XRP Price Chart Flashes Inverse Head And Shoulders Pattern That Could Trigger Rally To $3.9

Posted on by — No Comments ↓

XRP’s price has slipped by 4.7% in the past 24 hours, continuing a pattern of high volatility that has defined much of March. Amid this decline, however, some see opportunity, with one popular analyst identifying an interesting reversal pattern that could turn the tide to bullish trajectory. Inverse Head And Shoulders Pattern Appears On XRP… Continue reading XRP Price Chart Flashes Inverse Head And Shoulders Pattern That Could Trigger Rally To $3.9→

Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms

Posted on by — No Comments ↓

Retail sentiment toward Ethereum (ETH) remains weak, but analysts suggest that a significant breakout could be on the horizon. Despite Ethereum’s sluggish price action, multiple on-chain indicators and technical patterns hint at an impending bullish reversal. Ethereum Retail Sentiment At Low Amid Sluggish Price Action According to cryptocurrency analyst Mister Crypto, retail interest in ETH… Continue reading Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms→

Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead

Posted on by — No Comments ↓

After hitting a low of nearly $76,000 on March 10, Bitcoin (BTC) has finally broken its daily Relative Strength Index (RSI) downtrend, now trading in the high $80,000s at the time of writing. However, crypto analyst Ali Martinez warns that strong resistance may lie ahead. Bitcoin Finally Breaks Daily RSI Downtrend In a recent X… Continue reading Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead→

Solana (SOL) Gains Capped—Breaking $150 Won’t Be Easy

Posted on by — No Comments ↓

Solana started a recovery wave above the $132 resistance zone. SOL price is now consolidating and might struggle to recover above the $150 resistance. SOL price started a recovery wave from the $125 support zone against the US Dollar. The price is now trading above $130 and the 100-hourly simple moving average. There is a… Continue reading Solana (SOL) Gains Capped—Breaking $150 Won’t Be Easy→

Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains

Posted on by — No Comments ↓

In an X post published yesterday, seasoned crypto analyst Ali Martinez highlighted that, based on price band analysis, Bitcoin (BTC) could surge to $112,000 if it breaks and holds above a key level. Analyst Outlines Key Bitcoin Level Following a slight uptick after the US Federal Reserve’s (Fed) announcement to slow the pace of its… Continue reading Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains→

Historical Pattern From 2020 Hints Ethereum Could Be Poised For A Parabolic Rally, Analysts Explain

Posted on by — No Comments ↓

According to an X post by crypto analyst Mister Crypto, Ethereum (ETH) could be on the verge of a massive rally. The analyst highlighted similarities between the current ETH price action and that of 2020, following the COVID market crash. Ethereum On The Cusp Of Trend Reversal? Ethereum’s subdued price action may soon come to… Continue reading Historical Pattern From 2020 Hints Ethereum Could Be Poised For A Parabolic Rally, Analysts Explain→

Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says

Posted on by — No Comments ↓

In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months.  Is The Bitcoin Bottom In? Hyland noted that BTC’s weekly resistance level currently hovers around the $90,500 level. The analyst… Continue reading Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says→

Solana (SOL) Faces Many Challenges—Can Bulls Hold the Line?

Posted on by — No Comments ↓

Solana started a recovery wave above the $120 resistance zone. SOL price is now consolidating and might struggle to recover above the $132 resistance. SOL price started a fresh decline below the $150 and $140 levels against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is… Continue reading Solana (SOL) Faces Many Challenges—Can Bulls Hold the Line?→

Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic

Posted on by — No Comments ↓

Ethereum has struggled to gain momentum, remaining stuck below critical resistance for over a year. Despite multiple attempts, the second-largest cryptocurrency by market capitalization has been unable to break through key technical levels since the beginning of this year.  Ethereum’s price action over the past two weeks has shown more weakness. An interesting analysis from… Continue reading Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic→

Bitcoin Price Forecast: LTF Head And Shoulders Pattern Predicts Crash – Here’s The Target

Posted on by — No Comments ↓

Tony Severino, a prominent crypto analyst, has shared a new Bitcoin price forecast, suggesting that the pioneer cryptocurrency is on the verge of another major correction. The analyst suggested that the formation of a Lower Time Frame (LTF) Head and Shoulders pattern on the Bitcoin price chart is a potential confirmation of a crash to… Continue reading Bitcoin Price Forecast: LTF Head And Shoulders Pattern Predicts Crash – Here’s The Target→