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Solana Approaching Resistance Around $161
SOL has formed a strong recovery so far, and continues to trend up towards the red resistance line. I have resistance around $161 on this move up, and I think SOL will form a bullish breakout. However, I do want to keep an eye on Bitcoin between the $59k – $63k CME gap to make […]Read More
Ethereum’s Slow Recovery and Neutral Price Action
Ethereum formed a rebound from the $2,100 support zone, but has been experiencing a slow recovery so far. The price action has been neutral, and Ethereum continues to trade sideways while most other assets continue to recover. Ethereum remains neutral, and crypto investors are still waiting for Grayscale ETF outflows to stop driving the price […]Read More
Altcoin Market Forms a Bull Pennant
The Altcoin market has formed a bull pennant, and there have been two recent shakeouts below $500 billion market cap. Altcoins are currently rebounding, and I’m still optimistic for a bullish breakout on this next upswing. I’m bullish after shakeouts because they usually result in a strong rallies afterwards. For now I want to take […]Read More