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Solana Trading Within a Tight Range
SOL is trading within a tight range between $134.63 and the red resistance line around $149.63. I think SOL is neutral for now, but will need to find a direction soon. The price can go up or down here, I think the direction of BTC and ETH will affect Solana’s price action. Follow me on […]Read More
Ethereum Trends Down After Numerous Rejections
Ethereum experienced numerous rejections near the lower end of the resistance zone around $2,683. After so many rejections Ethereum is now starting to trend down. This is very disappointing considering that Ethereum never really had a post-ETF rally. In the short term Ethereum needs to hold above $2,520 to avoid dropping lower. If Ethereum continues […]Read More
Bitcoin Drops Below Support Again
Bitcoin has failed to break above $63k, and is experiencing some neutral price action around the white zone between $58.4k and $60.3k. I’m seeing bearish signs, and BTC has dropped below the $58.4k support zone again. There are concerns about Mt. Gox repayments that could add sell pressure to the crypto market so there is […]Read More
Numerous Rejections for Ethereum at $2,683 Resistance Level
Ethereum has traded below a resistance zone between $2,683 and $2,863 throughout the month of August. There have been numerous rejections at $2,863 and ETH is struggling to climb up higher here. There is a lot of FUD surrounding the Mt. Gox payouts. Today’s news is that there was a test transaction made for the […]Read More
Bitcoin’s Support Level Now Acting as Resistance
Yesterday Bitcoin lost support at $58.4k, and dropped as low as $56.1k. There has been a short-term rebound, and Bitcoin is already back to the $58.4k level again. However, support is lost and now $58.4k is acting as resistance. This is not good for Bitcoin bulls, and Bitcoin is at risk of dropping here. I […]Read More
Ethereum Outflows Return as ETH Tries to Break Resistance
Grayscale ETF holders continue to apply sell pressure to the Ethereum. There was only one day, August 12, where Grayscale ETF did not have net outflows. I was hoping the selling would stop, but there have been net outflows on Aug 13 and Aug 14. Ethereum continues to trade below a resistance level, and needs […]Read More
Bitcoin Holds Above $58.4K Support
Yesterday there was some FUD surrounding the U.S. government moving $2 billion worth of Bitcoin for Mt. Gox repayments. However, Bitcoin’s $58.4K support level has continued to hold. There has been a lot of neutral price action near this support level, and I would continue to monitor the $58.4k support level to see if it […]Read More
Ethereum Making Slow Progress to Break Through $2.7K – $2.8K Resistance
Ethereum continues to trade under a key resistance zone between $2,683 and $2,863. ETH is making some slow progress here, and is trying to flip $2,683 from resistance into support. There is a risk of rejection here so I would pay close attention to the $2,683 level for a break or rejection. Follow me on […]Read More
Bitcoin Remains Above $58.4K Support Level for 5+ Consecutive Days
Bitcoin continues to hold above the $58,400 support level over the past 5 days, and today will be the 6th day if Bitcoin holds. There is $2 billion worth of Mt. Gox Bitcoin on the move right now, which could lead to a drop here. Although Bitcoin is remaining above $58.4K, we are seeing little […]Read More
SOL Approaching a Bull Flag Breakout
SOL has been forming a bull flag, and needs to break above $186 to start a bull run rally. There was a rejection at $186 last week, but SOL is attempting a bullish rebound. I would monitor for a break or rejection around $185 to see if SOL starts that rally. The price gradually decreases […]Read More
Memecoins are Outperforming the Crypto Market
Memecoins are the top performers in the crypto market. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreFET/BTC Reaches Key Support Level
FET/BTC continues trading in this massive channel, and has reached the lower end of this channel for a second time since Aug. 2024. This support level has led to massive pumps and rallies so I think we can see FET start to rally soon. Follow me on social media: https://linktr.ee/realchartchamp
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