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Showing posts with the label resistance level

Bitcoin and Altcoins Gearing Up for Bounce Higher, According to Crypto Trader – Here’s His Market Outlook

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A crypto strategist known for accurately calling the 2021 digital asset cycle top believes Bitcoin (BTC) and altcoins are poised to bounce higher this week. The analyst pseudonymously known as Pentoshi tells his 855,900 followers on the social media platform X that the OTHERS weekly chart, which tracks the total market cap of crypto excluding the 10 largest digital assets and stablecoins, is flashing bullish. “Liking [last weekly candle]… [This] week higher for your favorite cryptocurrency coins in my opinion.” Source: Pentoshi/X He believes that the OTHERS chart may soon have a series of rallies and flip the $281 billion resistance level on the weekly chart into support. “These are going to likely be the most decisive spots in terms of trends, entries and exits for the foreseeable future. $250 billion is where we took longs and is very close to an HTF (high time frame) invalidation level which makes it cheap if wrong. $281 billion is our...

Chainlink (LINK) Ends January Up 23%: Is $35 on the Horizon?

Chainlink (LINK) had a slow start to 2025, which is impacting price predictions for the asset this year. Investors are still mostly bullish on LINK, however, and several analysts are noting indicators of a bullish rally coming. Chainlink ended January up 15%, reversing a downward start to the month. Now, February could see plenty of green around the altcoin. In the near term, there is plenty of optimism for LINK. One analyst went to Binance to reveal how a “massive rally” around the token is in the cards. Realmabbaskhan on Binance Square says that now may be the best time to pay attention to Chainlink and potentially invest. “Looking at the 4-hour chart, LINK is showing strong bullish momentum, and the next big move could take prices well above $30,” the analyst says. The trader notes that the asset is putting up good signals. “The price is trading above both the 20 EMA (24.271) and 200 EMA (23.377). Every time LINK has reclaimed the 200 EMA in the past, we...

Is It Too Late To Buy VVAIFU? Dasha Price Skyrockets 42%, And This Might Be The Next Crypto To Explode

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The Dasha price skyrocketed 42% in the last 24 hours to trade at $0.1474 as of 3.45 a.m. EST on trading volume that skyrocketed 102% to $121.63 million. Dasha is a native cryptocurrency of a project called vvaifu.fun — a launchpad for on-chain autonomous AI agents. The platform is a simple hub that allows creators to quickly create and launch AI agents, which then allows anyone to sift through the noise to co-own them. In short, it is the democratization of the next iteration of AI. We're just getting this AI Agent thing started. The one stop shop for everything AI x Crypto is on, https://t.co/MmzeKZ5knU 🫸🫷 The @pumpdotfun for AI Agents? With all the Features of the number 1 AI consumer app, @character_ai ? Yeah moon that 📈 pic.twitter.com/Atq0ZWGTUS — vvaifu.fun (@vvaifudotfun) November 14, 2024 The project emerged to expand on the possibilities of artificial intelligence, as it views the current main use case — static chatbots ...

MAGA Price Prediction: TRUMP Dumps 13% Despite Elon Musk DOGE Appointment As Traders Pivot To This New PolitiFi ICO With 657% APY

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The Maga price plunged over 13% in the last 24 hours to trade at $1.49 as of 4:38 a.m. EST as investors decrease their exposure to the political meme coin . The drop in the TRUMP price comes even after US President-elect Donald Trump announced the appointment of Tesla founder Elon Musk and Vivek Ramaswamy to lead a new government department called the Department of Government Efficiency (DOGE). pic.twitter.com/Vnk4MCAofY — Elon Musk (@elonmusk) November 13, 2024 Maga Price Rejected By A Major Resistance 4-hour chart for TRUMP/USD (Source: GeckoTerminal ) The Maga price was rejected by the $2.0276 resistance level in the last 24 hours. As a result, the meme coin is now approaching the closest support level at $1.1591. Should the meme coin drop below this technical safety net, it could stand the risk of plunging to as low as $0.3671 in the short term. In a more bullish scenario, the MAGA price maintaining a position above the $1.1591 support for the next 12 hours could l...

Brett Price Prediction: BRETT Soars 14%, But Investors Flock To This Base Meme Coin Rival For Its 926% APY

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The Brett price surged over 14% in the last 24 hours to trade at $0.1045 as of 11:45 p.m. EST as investors go long on the meme coin . Despite this recent uptick, the BRETT price is still down more than 12% on the weekly timeframe. The crypto’s monthly performance is also over 9% in the red. The Brett Price Breaks Above A Major Resistance Level 4-hour chart for BRETT/USD (Source: GeckoTerminal ) The Brett price managed to overcome the major resistance level at $0.0988 in the past couple of hours. Closing the next two 4-hour candles above this key mark could give the meme coin the foundation needed to rise to the next technical barrier at $0.1376. On the other hand, BRETT falling below $0.0988 within the upcoming 8 hours might invalidate the bullish thesis. In this alternative scenario, the crypto could be at risk of falling to the $0.0794 support. Continued sell pressure should the altcoin drop to this point might then lead to the Brett price falling to as low as $0.0591 in...