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BTC risks deeper slipping to $ 100,000, XRP remedial challenges trend

It is a daily analysis of the best tokens with futures CME by Coindesk Analyst and Chartered Market Technician Omkar Godbole.

Bitcoin: The risk of deeper pull

It seems that the VĂ­cem Mountain Rally Bitcoins (BTC) hit a significant wall, while over weekly and daily charts appeared the confluence of the bear signals.

The weekly candlestick chart shows that the bulls could not create a macro trend line connecting the maximum market for bulls 2017 and 2021. This unsuccessful escape is supported by the weakening of momentum because the MacD histogram, although still positive, is meaningful lower than its peak in December 2024.

Weekly BTC graph. (TradingView)

The bear feeling is further strengthened by a 14 -week RSI, which broke its line uptrend from the March minimum, while continuing the press of the lower maximum maximum March 2024.

We have a shorter daily daily time frame, the shift in momentum is even more pronounced. Three -plane chart for a break, a tool designed to filter less noise and confirm the changes in trends, printed three straight red bricks (bars), a classic bear reverse signal that the sellers had sixteen.

Chart BTC Thrine Break. (TradingView)

The combination of these signals-Selhala long-term escape, weakening momentum, and confirmed short-term reverse-Indicatted that detachment is now the smallest resistance and prices could be $ 100,000 in May $ 100,000.

Prices must pay the bear settings.

  • Resistance: $ 120,000, $ 122,056, $ 123,181.
  • Support: 111,965 $, $ 112,301 (50 -day SMA), $ 100,000.

XRP: Demanding Sequence Line

While the XRP (XRP) tries to break free from a senior line that represents a recent correction, stunning momentum from moving averages across the hour and daily time frames suggests that they do not have to be discharged immediately.

Hourly XRP graph. (TradingView)

At the daily time, the price was a modest reflection, but this rally is limited to 38.2% of Fibonacci’s aging, which acts as a key resistance. This remedial step occurs against the bear background, with 5 and 10 -day simple moving averres (SMA) continues to the south trend and combines descending bias. Furthermore, SMA 50, 100- and 200 hours are stacked in bear configuration, all trends to the south, a classic technical signal of a strong descending descending descending descending procedure.

Daily graph XRP. (TradingView)

If we closed above $ 3.00, the focus would move to a lower maximum of $ 3.33 registered 28th July.

  • Resistance: $ 3.33, $ 3.65, $ 4.00.
  • Support: $ 2.72, $ 2.65, $ 2.58.

Ether: Bearish outside the week

Ether fell by almost 10% last week and created a large bear outside in the candle week, the Nordicant Bear Formula, suggesting that sellers want to regain control.

Ether weekly chart. (TradingView)

This feeling is strengthened in the daily time frame. The daily chart of candlestick shows that 5- and ten-day SMA carried out a bear cross that joined a break in a short-term UPTRED.

So while the price was a modest border since Sunday, its strength is questionable. This is further justified by a daily three-member break chart, which printed two consequential red brick-scoring bear signal, which reversed the trend to the disadvantage.

The combination of tensile and short -term graphs suggests that the path of the least resistance is now lower.

  • Resistance: $ 3,941, $ 4,000, $ 4,100.
  • Support: $ 3,355, $ 3,000, $ 2,879.

Solana: Golden Cross

It seems that the recent move in Solana meets a critical test, while the bulls have successfully prevented the level of key support in the last 24 hours. The price was reflected from 61.8% Fibonacci Retracei’s recent rally, a level that traders often follow as a strong potential price bottom in the schedule.

Solan's Daily Graph. (TradingView)

Meanwhile, the main long -term signal is on the horizon: 50 and 200 -day SMA is approaching the “Golden Cross”. Although it is an indicator of lagging, a successful cross-match should be a strong long-term bull signal that combined a significant shift in momentum and potentially set an internship for a new, suffered rise.

For traders, the coming days are critical, with the level of 61.8% FIB must maintain strong support as support, while the upcoming Golden Cross provides a long -term long -term wind. Also note that despite the defense of the FIB level, the trend of short terra remains and 5- and 10-day simple moving averres (SMA) remains lower.

  • Resistance: $ 175, $ 187, $ 200.
  • Support: $ 156, $ 145, $ 126.

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