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XRP Forming a Tight Trading Range
The XRP news has been a mix of good and bad. The SEC lawsuit is still an ongoing case for XRP after the recent SEC appeal. At the same time there are companies filing for XRP ETFs. The price action has been neutral within a tight range between the two yellow trendlines, which gives a […]Read More
SUI Building a Bullish Channel
SUI is forming a bullish channel that is sloped upwards. Bitcoin’s strong selloff has caused a selloff in the Altcoin market, and SUI has formed a bullish rebound near the lows of this channel. I think there could be some upside to the upper range of this channel around $2.25 over the next few days. […]Read More
Bitcoin Holds Above $60.3k
Bitcoin is still trading above the $60.3k support zone, and has formed a weak bounce so far. I think bears are still waiting for $55k – $57k so I would still be cautious for wicks down below $60.3k. Bitcoin is neutral above the $60,3k support zone for now, I think over the next few hours […]Read More
Solana – SOL
Solana Solana is a high-performance layer 1 blockchain designed to provide fast transactions and scalability, albeit with relative centralization. It stands out in the crypto space for its ability to process thousands of transactions per second (TPS) thanks to its consensus protocol. Its main technology: Proof of History (PoH): Designed to address synchronization issues in […]Read More
Altcoin Market Forming a Bullish Rebound
The Altcoin market is close to forming a bullish breakout, but was rejected at the yellow trendline on October 7. There is a bullish rebound forming, and the Altcoin market is preparing for another attempt to break through the yellow trendline. The Altcoin market cap needs to rise above $610 billion for the bullish breakout […]Read More
Ethereum Holds Above Yellow Support Levels
Ethereum is trading near two key yellow support levels around $2,300 – $2,400. So far Ethereum has been holding up pretty well, and could start to trend up from here if Bitcoin starts to experience some upside. I still think ETH is underperforming relative to the rest of the crypto market and other cryptos are […]Read More
Solana Remains Neutral Since March 2024
Solana has traded within a range between $121 and $193.50 since March of 2024. These are my three key price levels to monitor for Solana, and I think the price action has been pretty quiet lately. There was a rejection at the white trendline around $162.94 in late September, and Solana is trying to form […]Read More
Bitcoin Rejected at the Yellow Trendline
During overnight trading hours Bitcoin was rejected at the yellow trendline, and continues to experience some neutral and slightly bearish price action. I think Bitcoin is trying to form a bullish rebound around $61.7k, and Bitcoin would need to break above the yellow trendline around $62.5k to flip bullish. For now the price action is […]Read More
BLUB Memecoin on Sui Network
BLUB has already emerged as one of the top memecoins on the SUI platform, currently trading around $40 M market cap. The goal here is to accumulate more SUI or to accumulate BLUB if you believe BLUB can grow long term. For now I’m more interested in accumulating SUI. BLUB just burned $150k worth of […]Read More
DEEP Rebounds from Channel Lows
I think DEEP is starting to make a recovery after the airdrops sparking a selloff. The SUI team likely received a lot of money from the airdrops, and I think they’ll want to send the price higher to sell. I see a great window for Binance to list DEEP, which could help to spark a […]Read More
Bitcoin Rallies Above $90k
Bitcoin has started to rally since yesterday evening, and is trading in the light blue resistance zone. There is resistance between $89.3k and $90.2k. I think BTC is trying to flip $89.3k into support before trending up higher. For now I would monitor to see if $89.3k holds. BTC has been trading around the light […]Read More
XRP Still Neutral Despite Recent Rally
XRP has started to show some bullish momentum in the short term, and is currently up 10%+ for the day. I still think XRP is neutral and trading within a range. If XRP continues to rally I have $1.08 as a key resistance target. XRP needs to break above $1.08 to form a bullish breakout. […]Read More