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📊FXS : Signs of a Bullish Momentum Surge
$FXS
👋 Welcome to TradeCityPro!
In this analysis, I will evaluate the FXS token. This token belongs to the Frax project, which is considered one of the most comprehensive protocols in DeFi. It could be a strong investment for a bullish market portfolio.
📅 Weekly Timeframe: Early Signs of Bullish Momentum
On the weekly timeframe, we observe significant selling pressure right from the beginning of the chart. This selling pressure has driven the price down twice: once from the 38.917 resistance to the 4.468 support, and again from 11.859 to 1.613. Notably, this is one of the few coins that has yet to revisit the lows it formed in early 2023.
📊 Despite the significant decline, market volume has consistently increased, and overall, buying volume has been greater than selling volume.
📈 Currently, in line with Bitcoin’s upward movement, FXS has also rebounded from its 1.613 low and climbed to the 4.468 zone. This upward movement occurred after breaking the 34.90 resistance on the RSI, which introduced considerable bullish momentum into the market.
✅ If the 4.468 resistance is broken, the next targets are 7.515 and 11.859. These two resistances mark the goals for the next upward movement if it continues, with 11.859 being a key critical resistance for this coin.
🚀 Breaking the 11.859 resistance will be challenging. However, if the market gains substantial momentum, FXS could break through all resistances with a large bullish candle and head towards higher targets. On the other hand, a gradual and steady approach towards this level would make breaking it significantly harder.
🔼 If this resistance is broken, additional bullish momentum could enter the market, enabling the price to move towards the 38.917 zone and potentially reach new all-time highs (ATH).
🔍 To explore more scenarios, let’s examine the daily timeframe for detailed insights.
📅 Daily Timeframe: Struggling Against Key Resistance
In the daily timeframe, the latest upward movement in price is visible in more detail. As seen, after the last touch at 1.613, there was a massive and notable increase in buying volume. However, upon reaching the 4.819 resistance, a Blow Off candle was formed, marking the end of this trend’s upward leg.
📉 Currently, the price is in a corrective phase and has fallen below the 3.97 zone. If the correction continues, there is a significant resistance zone close to the 2.346 support level that I’ve highlighted. Should the RSI stabilize below the 53.46 support level, the likelihood of a deeper correction will increase.
🧩 Conversely, if the 4.819 resistance is broken, we could expect another rally for the price. The targets for this rally have been identified in the weekly timeframe analysis
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
#FXStreet #Write2Earn! #BitcoinKeyZone #MicroStrategyVsNasdaq
👋 Welcome to TradeCityPro!
In this analysis, I will evaluate the FXS token. This token belongs to the Frax project, which is considered one of the most comprehensive protocols in DeFi. It could be a strong investment for a bullish market portfolio.
📅 Weekly Timeframe: Early Signs of Bullish Momentum
On the weekly timeframe, we observe significant selling pressure right from the beginning of the chart. This selling pressure has driven the price down twice: once from the 38.917 resistance to the 4.468 support, and again from 11.859 to 1.613. Notably, this is one of the few coins that has yet to revisit the lows it formed in early 2023.
📊 Despite the significant decline, market volume has consistently increased, and overall, buying volume has been greater than selling volume.
📈 Currently, in line with Bitcoin’s upward movement, FXS has also rebounded from its 1.613 low and climbed to the 4.468 zone. This upward movement occurred after breaking the 34.90 resistance on the RSI, which introduced considerable bullish momentum into the market.
✅ If the 4.468 resistance is broken, the next targets are 7.515 and 11.859. These two resistances mark the goals for the next upward movement if it continues, with 11.859 being a key critical resistance for this coin.
🚀 Breaking the 11.859 resistance will be challenging. However, if the market gains substantial momentum, FXS could break through all resistances with a large bullish candle and head towards higher targets. On the other hand, a gradual and steady approach towards this level would make breaking it significantly harder.
🔼 If this resistance is broken, additional bullish momentum could enter the market, enabling the price to move towards the 38.917 zone and potentially reach new all-time highs (ATH).
🔍 To explore more scenarios, let’s examine the daily timeframe for detailed insights.
📅 Daily Timeframe: Struggling Against Key Resistance
In the daily timeframe, the latest upward movement in price is visible in more detail. As seen, after the last touch at 1.613, there was a massive and notable increase in buying volume. However, upon reaching the 4.819 resistance, a Blow Off candle was formed, marking the end of this trend’s upward leg.
📉 Currently, the price is in a corrective phase and has fallen below the 3.97 zone. If the correction continues, there is a significant resistance zone close to the 2.346 support level that I’ve highlighted. Should the RSI stabilize below the 53.46 support level, the likelihood of a deeper correction will increase.
🧩 Conversely, if the 4.819 resistance is broken, we could expect another rally for the price. The targets for this rally have been identified in the weekly timeframe analysis
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
#FXStreet #Write2Earn! #BitcoinKeyZone #MicroStrategyVsNasdaq
$XRP Here's the latest news and data on $XRP coin:
*Current Price:* #XRP is currently trading at $2.23, with a 2.3% increase in the last 24 hours. This price is aggregated from over 172 exchanges and 502 markets.
*Market Cap:* The market capitalization of XRP is $131.15 billion, ranking it #4 on #CoinGecko. .
*Trading Volume:* The 24-hour trading volume of XRP is $2.54 billion, representing a 199.70% increase from one day ago.
*Circulating Supply:* There are 58.82 billion XRP tokens in circulation, with a total supply of 99.98 billion XRP and a maximum supply of 100 billion XRP.
*Recent News:*
- Ripple's XRP offers multiple buy signals targeting $2.50, according to FXStreet analyst John Isige.
- The cryptocurrency market capitalization dropped 4% to $3.3 trillion amid growing concerns about tariffs and global trade ¹ ² ³.
- XRP price declined on June 6, with volume increasing, as reported by #FXStreet ¹.
*Key Stats:*😐😐😐😐
- *All-Time High:* $3.84 (January 4, 2018)
- *All-Time Low:* $0.002802 (July 7, 2014)
- *52-Week Range:* Not available, but the 52-week range for XRP #etf (XRPI) is $13.82 - $15.98 ³ ⁴
Keep in mind that cryptocurrency prices can be highly volatile, so these numbers may change rapidly.
*Current Price:* #XRP is currently trading at $2.23, with a 2.3% increase in the last 24 hours. This price is aggregated from over 172 exchanges and 502 markets.
*Market Cap:* The market capitalization of XRP is $131.15 billion, ranking it #4 on #CoinGecko. .
*Trading Volume:* The 24-hour trading volume of XRP is $2.54 billion, representing a 199.70% increase from one day ago.
*Circulating Supply:* There are 58.82 billion XRP tokens in circulation, with a total supply of 99.98 billion XRP and a maximum supply of 100 billion XRP.
*Recent News:*
- Ripple's XRP offers multiple buy signals targeting $2.50, according to FXStreet analyst John Isige.
- The cryptocurrency market capitalization dropped 4% to $3.3 trillion amid growing concerns about tariffs and global trade ¹ ² ³.
- XRP price declined on June 6, with volume increasing, as reported by #FXStreet ¹.
*Key Stats:*😐😐😐😐
- *All-Time High:* $3.84 (January 4, 2018)
- *All-Time Low:* $0.002802 (July 7, 2014)
- *52-Week Range:* Not available, but the 52-week range for XRP #etf (XRPI) is $13.82 - $15.98 ³ ⁴
Keep in mind that cryptocurrency prices can be highly volatile, so these numbers may change rapidly.
Breaking - Ethereum (ETH) is showing strong bullish momentum as April 2025 draws to a close, with multiple technical and on-chain indicators suggesting a significant upward move is underway.
$ETH
🔥 Why #ETH Is Poised to Surge
Technical Breakout: ETH recently broke above the $1,790 resistance level, signaling a bullish shift. Analysts suggest this could lead to a rally toward $3,600, especially with institutional interest growing.
Institutional Inflows: Ethereum ETFs have seen increased inflows, with a notable $38.7 million boost propelling ETH past $1,800. This institutional demand is a strong bullish indicator #FX Leaders.
Whale Accumulation: Large holders have accumulated over 1.11 million ETH in the past week, indicating strong confidence in Ethereum's future performance #FXStreet
Bullish Technical Indicators: The Relative Strength Index (RSI) is trending upward, and ETH is holding above key support levels. Analysts predict that maintaining support above $1,720 could pave the way for a rise toward $1,850 and potentially $2,000
📈 What's Next?
If ETH maintains its current momentum and breaks through the $1,850 resistance, it could target the $2,000 mark in the near term. Further, some forecasts suggest that ETH could reach up to $5,961 by the end of 2025, depending on market conditions #BİNANCE
🚀 Bottom Line
Ethereum is showing strong signs of a bullish trend, supported by technical breakouts, institutional investments, and whale accumulation. Traders and investors should monitor key resistance levels and market indicators to capitalize on potential gains.
$ETH
🔥 Why #ETH Is Poised to Surge
Technical Breakout: ETH recently broke above the $1,790 resistance level, signaling a bullish shift. Analysts suggest this could lead to a rally toward $3,600, especially with institutional interest growing.
Institutional Inflows: Ethereum ETFs have seen increased inflows, with a notable $38.7 million boost propelling ETH past $1,800. This institutional demand is a strong bullish indicator #FX Leaders.
Whale Accumulation: Large holders have accumulated over 1.11 million ETH in the past week, indicating strong confidence in Ethereum's future performance #FXStreet
Bullish Technical Indicators: The Relative Strength Index (RSI) is trending upward, and ETH is holding above key support levels. Analysts predict that maintaining support above $1,720 could pave the way for a rise toward $1,850 and potentially $2,000
📈 What's Next?
If ETH maintains its current momentum and breaks through the $1,850 resistance, it could target the $2,000 mark in the near term. Further, some forecasts suggest that ETH could reach up to $5,961 by the end of 2025, depending on market conditions #BİNANCE
🚀 Bottom Line
Ethereum is showing strong signs of a bullish trend, supported by technical breakouts, institutional investments, and whale accumulation. Traders and investors should monitor key resistance levels and market indicators to capitalize on potential gains.
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