XTZ
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COIN NAME: #XTZ/USDT
$XTZ Trade setup: Price is in a downtrend but broke out bullishly from a falling wedge pattern above $0.55 resistance, signaling a potential temporary bullish reversal with +20% upside to $0.70 resistance. Stop loss at $0.48. This is a riskier trade due to the trend reversal against the overall downtrend
Patterns: A falling wedge typically leads to a bullish breakout. After breaking the upper trendline, the price is expected to rise. Emerging patterns can be traded by swing traders between convergence lines, but most traders should wait for a breakout before placing a BUY order.
Nearest Resistance: $0.70, then $0.85.
Trend: Short-term down, medium-term strongly down, long-term strongly down.
Momentum: Bullish but weakening. MACD Line is above the Signal Line, but declining MACD Histogram bars suggest momentum may be peaking. RSI-14 shows the price is neither overbought nor oversold (30 < RSI < 70).
Support: Nearest support at $0.50.
#zentracrypto #haxnocrypto #BTC #xtz
$XTZ Trade setup: Price is in a downtrend but broke out bullishly from a falling wedge pattern above $0.55 resistance, signaling a potential temporary bullish reversal with +20% upside to $0.70 resistance. Stop loss at $0.48. This is a riskier trade due to the trend reversal against the overall downtrend
Patterns: A falling wedge typically leads to a bullish breakout. After breaking the upper trendline, the price is expected to rise. Emerging patterns can be traded by swing traders between convergence lines, but most traders should wait for a breakout before placing a BUY order.
Nearest Resistance: $0.70, then $0.85.
Trend: Short-term down, medium-term strongly down, long-term strongly down.
Momentum: Bullish but weakening. MACD Line is above the Signal Line, but declining MACD Histogram bars suggest momentum may be peaking. RSI-14 shows the price is neither overbought nor oversold (30 < RSI < 70).
Support: Nearest support at $0.50.
#zentracrypto #haxnocrypto #BTC #xtz
$XTZ breakout just warming up? Or is this the trap? 😏🚀
Long entry from $0.555 now up +9.57% ✅
We’re managing the position with a tightened stop loss and a plan for re-entry if we get that dip 📉🧠
📍 Current Setup:
➔ Entry: $0.555 🎯
➔ Price: $0.564 📈
➔ SL moved above breakeven for risk-free trade 🛡️
➔ TP Zones: $0.585 and $0.616 🧲
➔ Re-entry idea: liquidity zone around $0.546–$0.553 👀💧
Heatmap shows buyers holding pressure. If bulls don’t fumble, this could be just the beginning ⚡
Already in or waiting for the dip? Don’t blink 👇
Not financial advice. Trust me. ⚠️
#xtz
Long entry from $0.555 now up +9.57% ✅
We’re managing the position with a tightened stop loss and a plan for re-entry if we get that dip 📉🧠
📍 Current Setup:
➔ Entry: $0.555 🎯
➔ Price: $0.564 📈
➔ SL moved above breakeven for risk-free trade 🛡️
➔ TP Zones: $0.585 and $0.616 🧲
➔ Re-entry idea: liquidity zone around $0.546–$0.553 👀💧
Heatmap shows buyers holding pressure. If bulls don’t fumble, this could be just the beginning ⚡
Already in or waiting for the dip? Don’t blink 👇
Not financial advice. Trust me. ⚠️
#xtz
XTZUSDT
Perp
COIN NAME: #XTZ/USDT
$XTZ Trade setup: Price is in a downtrend but broke out bullishly from a falling wedge pattern above $0.55 resistance, signaling a potential temporary bullish reversal with +20% upside to $0.70 resistance. Stop loss at $0.48. This is a riskier trade due to the trend reversal against the overall downtrend
Patterns: A falling wedge typically leads to a bullish breakout. After breaking the upper trendline, the price is expected to rise. Emerging patterns can be traded by swing traders between convergence lines, but most traders should wait for a breakout before placing a BUY order.
Nearest Resistance: $0.70, then $0.85.
Trend: Short-term down, medium-term strongly down, long-term strongly down.
Momentum: Bullish but weakening. MACD Line is above the Signal Line, but declining MACD Histogram bars suggest momentum may be peaking. RSI-14 shows the price is neither overbought nor oversold (30 < RSI < 70).
Support: Nearest support at $0.50.
#zentracrypto #haxnocrypto #BTC #xtz
$XTZ Trade setup: Price is in a downtrend but broke out bullishly from a falling wedge pattern above $0.55 resistance, signaling a potential temporary bullish reversal with +20% upside to $0.70 resistance. Stop loss at $0.48. This is a riskier trade due to the trend reversal against the overall downtrend
Patterns: A falling wedge typically leads to a bullish breakout. After breaking the upper trendline, the price is expected to rise. Emerging patterns can be traded by swing traders between convergence lines, but most traders should wait for a breakout before placing a BUY order.
Nearest Resistance: $0.70, then $0.85.
Trend: Short-term down, medium-term strongly down, long-term strongly down.
Momentum: Bullish but weakening. MACD Line is above the Signal Line, but declining MACD Histogram bars suggest momentum may be peaking. RSI-14 shows the price is neither overbought nor oversold (30 < RSI < 70).
Support: Nearest support at $0.50.
#zentracrypto #haxnocrypto #BTC #xtz
Tezos (XTZ)
Current Price: $0.5652
24h Change: +1.75%
Daily Trading Range: $0.5376 – $0.5652
24h Trading Volume: ~$23 million
Market Capitalization: ~$588 million
Market Overview
Tezos is up by 1.75%, with a daily range from $0.5376 to $0.5652. Trading volume stands at $23 million, showing stable market participation.
Technical Analysis
RSI (14): 52 – Neutral market.
MACD: The MACD line is above the signal line, indicating a slight bullish trend.
Support Level: $0.5376
Resistance Level: $0.5652
🔮 Price Prediction for April 29, 2025
Bullish Scenario: Tezos could move toward $0.58 if it maintains above the $0.5376 support and sees new capital inflows.
Bearish Scenario: A break below $0.5376 could see Tezos retreating toward the $0.53 level.
#xtz $XTZ
#Write2Earn
Current Price: $0.5652
24h Change: +1.75%
Daily Trading Range: $0.5376 – $0.5652
24h Trading Volume: ~$23 million
Market Capitalization: ~$588 million
Market Overview
Tezos is up by 1.75%, with a daily range from $0.5376 to $0.5652. Trading volume stands at $23 million, showing stable market participation.
Technical Analysis
RSI (14): 52 – Neutral market.
MACD: The MACD line is above the signal line, indicating a slight bullish trend.
Support Level: $0.5376
Resistance Level: $0.5652
🔮 Price Prediction for April 29, 2025
Bullish Scenario: Tezos could move toward $0.58 if it maintains above the $0.5376 support and sees new capital inflows.
Bearish Scenario: A break below $0.5376 could see Tezos retreating toward the $0.53 level.
#xtz $XTZ
#Write2Earn
Top 10 Altcoins for 2030 Growth
Polkadot (DOT):
Prediction: $150–$200
Focuses on blockchain interoperability and scalability, crucial for future infrastructure.
Solana (SOL):
Prediction: $300–$450
Known for lightning-fast transactions and low fees, dominating DeFi, NFTs, and Web3 spaces.
Chainlink (LINK):
Prediction: $100–$150
Powers decentralized oracles, providing real-world data to blockchains, essential for DeFi and beyond.
Cardano (
ADA):
Prediction: $15–$25
Built with peer-reviewed research, emphasizing security, scalability, and eco-friendliness.
Cosmos (ATOM):
Prediction: $40–$60
Specializes in connecting multiple blockchains, strengthening decentralized internet infrastructure.
Avalanche (
AVAX):
Prediction: $200–$350
Competes with Ethereum through high-speed, low-cost transactions and a growing dApp ecosystem.
VeChain (
VET):
Prediction: $1–$2
Excels in supply chain management, already partnering with major corporations like Walmart and BMW.
Algorand (ALGO):
Prediction: $8–$12
Offers enterprise-grade solutions with top-tier speed, scalability, and security.
Elrond (EGLD):
Prediction: $400–$600
Features a highly scalable architecture, ideal for enterprise and blockchain innovations.
Tezos (XTZ):
Prediction: $25–$35
Supports self-upgrades without hard forks, focusing on governance and institutional adoption.
Investment Tips
Research: Understand project fundamentals.
Diversify: Spread risk across multiple assets.
Set Targets: Define clear buying/selling points.
Stay Informed: Track industry and regulatory updates.
Think Long-Term: Be patient despite short-term volatility.
By carefully selecting and managing these promising altcoins, investors could potentially experience substantial financial gains by 2030.
$ALGO $ALGO $ATOM
#BinanceAlphaAlert #ALGO #VETUSDT #xtz #AVAX
Polkadot (DOT):
Prediction: $150–$200
Focuses on blockchain interoperability and scalability, crucial for future infrastructure.
Solana (SOL):
Prediction: $300–$450
Known for lightning-fast transactions and low fees, dominating DeFi, NFTs, and Web3 spaces.
Chainlink (LINK):
Prediction: $100–$150
Powers decentralized oracles, providing real-world data to blockchains, essential for DeFi and beyond.
Cardano (
ADA):
Prediction: $15–$25
Built with peer-reviewed research, emphasizing security, scalability, and eco-friendliness.
Cosmos (ATOM):
Prediction: $40–$60
Specializes in connecting multiple blockchains, strengthening decentralized internet infrastructure.
Avalanche (
AVAX):
Prediction: $200–$350
Competes with Ethereum through high-speed, low-cost transactions and a growing dApp ecosystem.
VeChain (
VET):
Prediction: $1–$2
Excels in supply chain management, already partnering with major corporations like Walmart and BMW.
Algorand (ALGO):
Prediction: $8–$12
Offers enterprise-grade solutions with top-tier speed, scalability, and security.
Elrond (EGLD):
Prediction: $400–$600
Features a highly scalable architecture, ideal for enterprise and blockchain innovations.
Tezos (XTZ):
Prediction: $25–$35
Supports self-upgrades without hard forks, focusing on governance and institutional adoption.
Investment Tips
Research: Understand project fundamentals.
Diversify: Spread risk across multiple assets.
Set Targets: Define clear buying/selling points.
Stay Informed: Track industry and regulatory updates.
Think Long-Term: Be patient despite short-term volatility.
By carefully selecting and managing these promising altcoins, investors could potentially experience substantial financial gains by 2030.
$ALGO $ALGO $ATOM
#BinanceAlphaAlert #ALGO #VETUSDT #xtz #AVAX
Tezos (XTZ)
Current Price: $0.5667 USD, up 1.55% over the past 24 hours.
Daily Fluctuations: Price fluctuated between $0.5545 and $0.5831.
Market Sentiment: The "Fear & Greed" index is at 50, indicating neutral sentiment.
🔧 Technical Analysis:
RSI: 55 – Neutral market condition.
MACD: Mild buy signal, slight upward trend.
Support: $0.550
Resistance: $0.590
🔮 Price Prediction for April 27, 2025:
Bullish Scenario: XTZ could reach $0.590 if the upward trend continues.
Bearish Scenario: If it falls below $0.550, XTZ could correct to $0.530.
#xtz $XTZ
#Write2Earn
Current Price: $0.5667 USD, up 1.55% over the past 24 hours.
Daily Fluctuations: Price fluctuated between $0.5545 and $0.5831.
Market Sentiment: The "Fear & Greed" index is at 50, indicating neutral sentiment.
🔧 Technical Analysis:
RSI: 55 – Neutral market condition.
MACD: Mild buy signal, slight upward trend.
Support: $0.550
Resistance: $0.590
🔮 Price Prediction for April 27, 2025:
Bullish Scenario: XTZ could reach $0.590 if the upward trend continues.
Bearish Scenario: If it falls below $0.550, XTZ could correct to $0.530.
#xtz $XTZ
#Write2Earn
$XTZ /USDT (Hourly Chart - Short to Medium Term): Currently around 0.532. Watching for a break below 0.530 for potential targets of 0.528 - 0.525. Key resistance at 0.535. Neutral to slightly bearish bias. #XTZ #Crypto #MidTermAnalysis
$XTZ /USDT Report (Short to Medium Term - Hourly Chart):
* Current Price: 0.532
* Break (Highest Probability): 0.530 (Down)
* Potential Target: 0.528 - 0.525
* Key Support: 0.525
* Key Resistance: 0.535
* Overall Bias (Short to Medium Term): Neutral to Slightly Bearish
The next random cryptocurrency is: $LTC /USDT. #
$XTZ /USDT Report (Short to Medium Term - Hourly Chart):
* Current Price: 0.532
* Break (Highest Probability): 0.530 (Down)
* Potential Target: 0.528 - 0.525
* Key Support: 0.525
* Key Resistance: 0.535
* Overall Bias (Short to Medium Term): Neutral to Slightly Bearish
The next random cryptocurrency is: $LTC /USDT. #
🚀 XTZ Trade Plan 📈
🔹 Entry Zone: Buy within $0.479 – $0.519 for a low-risk setup.
❌ Stop Loss: Set at $0.440 to limit downside risk.
🎯 Profit Targets:
Target 1: $0.550 📍 (Move stop to breakeven)
Target 2: $0.599 🎯
Target 3: $0.650 🚀
⚖️ Risk/Reward Ratio: Aim for 3:1 to maximize gains.
🔄 Strategy: Adjust stop-loss to breakeven after hitting the first target.
---
💡 Trade Insights:
Current Price: $0.507216
Intraday High: $0.514751
Intraday Low: $0.496093
🕒 Risk Management: Protect your downside with a stop loss at $0.440. Secure profits by moving stop to breakeven after the first target. 🚀
📊 Technical Indicators:
Sentiment: Neutral to buy
Moving Averages: Strong sell (watch for market shifts)
Oscillators: Neutral
Pivot Points: Bullish bias as the price touches recent lows.
---
#XTZ #Crypto #TradePlan #BinanceSquare #CryptoTrading
🔹 Entry Zone: Buy within $0.479 – $0.519 for a low-risk setup.
❌ Stop Loss: Set at $0.440 to limit downside risk.
🎯 Profit Targets:
Target 1: $0.550 📍 (Move stop to breakeven)
Target 2: $0.599 🎯
Target 3: $0.650 🚀
⚖️ Risk/Reward Ratio: Aim for 3:1 to maximize gains.
🔄 Strategy: Adjust stop-loss to breakeven after hitting the first target.
---
💡 Trade Insights:
Current Price: $0.507216
Intraday High: $0.514751
Intraday Low: $0.496093
🕒 Risk Management: Protect your downside with a stop loss at $0.440. Secure profits by moving stop to breakeven after the first target. 🚀
📊 Technical Indicators:
Sentiment: Neutral to buy
Moving Averages: Strong sell (watch for market shifts)
Oscillators: Neutral
Pivot Points: Bullish bias as the price touches recent lows.
---
#XTZ #Crypto #TradePlan #BinanceSquare #CryptoTrading
$XTZ
Sell now! XTZ/USDT just hit +34% and we’re at peak momentum.
I'm locking in profits here, and I strongly suggest you do the same.
This is why we prep, why we time it right, why we stay calm under pressure.
If you sold at the top or near it — congrats. If you caught even half the move — you still win
#Write2Earn #Xtz #Btc #USStockDrop #BinanceAlphaAlert
Sell now! XTZ/USDT just hit +34% and we’re at peak momentum.
I'm locking in profits here, and I strongly suggest you do the same.
This is why we prep, why we time it right, why we stay calm under pressure.
If you sold at the top or near it — congrats. If you caught even half the move — you still win
#Write2Earn #Xtz #Btc #USStockDrop #BinanceAlphaAlert
XTZ (Tezos) Trade Plan – Kam Risk, Zyada Faida!
Agar aap ek strong aur calculated trade setup dhoondh rahe hain, to ye XTZ plan aap ke liye best ho sakta hai. Naa sirf risk control mein hai, balkay reward bhi promising lag raha hai.
---
📌 Entry Zone: $0.479 – $0.519
Is range ke andar buy karna low-risk entry ke liye best mana ja raha hai. Yahan se bounce aane ke chances zyada hain.
---
⛔ Stop Loss: $0.440
Apni capital ko protect karna zaroori hai. Agar market ulta chalay to $0.440 pe stop-loss laga ke risk ko minimize karein.
---
🎯 Profit Targets:
Target 1: $0.550 – Jaise hi ye level hit ho, apna stop-loss breakeven pe le aayen.
Target 2: $0.599 – Intermediate level jahan accha profit mil sakta hai.
Target 3: $0.650 – Final target, jahan strong upside potential hai!
---
⚖️ Risk/Reward Ratio: 3:1
Sirf thora risk aur zyada reward – isi formula se consistent profit hota hai. Ye setup 3:1 ka ratio offer karta hai jo ideal mana jata hai.
---
🔁 Strategy Tip:
Jaise hi pehla target hit ho jaye, apna stop-loss entry point pe shift kar dein – is se baaki trade risk-free ho jata hai. Uske baad price ko aaram se apne targets tak chalne dein.
---
Aakhri Baat:
XTZ is waqt aik solid technical zone mein hai. Plan ke sath trade karein, emotions ke sath nahi. Risk manage karein, patience rakhein – aur market aapke favor mein kaam karega.
Smjhdari se trade karein – Plan ke mutabiq, Profit ke liye!
#xtz #noobtoprotrader $XTZ
Agar aap ek strong aur calculated trade setup dhoondh rahe hain, to ye XTZ plan aap ke liye best ho sakta hai. Naa sirf risk control mein hai, balkay reward bhi promising lag raha hai.
---
📌 Entry Zone: $0.479 – $0.519
Is range ke andar buy karna low-risk entry ke liye best mana ja raha hai. Yahan se bounce aane ke chances zyada hain.
---
⛔ Stop Loss: $0.440
Apni capital ko protect karna zaroori hai. Agar market ulta chalay to $0.440 pe stop-loss laga ke risk ko minimize karein.
---
🎯 Profit Targets:
Target 1: $0.550 – Jaise hi ye level hit ho, apna stop-loss breakeven pe le aayen.
Target 2: $0.599 – Intermediate level jahan accha profit mil sakta hai.
Target 3: $0.650 – Final target, jahan strong upside potential hai!
---
⚖️ Risk/Reward Ratio: 3:1
Sirf thora risk aur zyada reward – isi formula se consistent profit hota hai. Ye setup 3:1 ka ratio offer karta hai jo ideal mana jata hai.
---
🔁 Strategy Tip:
Jaise hi pehla target hit ho jaye, apna stop-loss entry point pe shift kar dein – is se baaki trade risk-free ho jata hai. Uske baad price ko aaram se apne targets tak chalne dein.
---
Aakhri Baat:
XTZ is waqt aik solid technical zone mein hai. Plan ke sath trade karein, emotions ke sath nahi. Risk manage karein, patience rakhein – aur market aapke favor mein kaam karega.
Smjhdari se trade karein – Plan ke mutabiq, Profit ke liye!
#xtz #noobtoprotrader $XTZ
XTZ (Tezos) Trade Plan: Smart Entry for Big Gains!
Looking for a solid trade setup with high potential and controlled risk? Here’s a well-planned strategy for XTZ (Tezos) that combines technical precision with a smart risk/reward approach.
---
📌 Entry Zone: $0.479 – $0.519
This is your ideal buying zone. Entering within this range offers a low-risk opportunity for swing traders aiming to capitalize on a potential upside move.
---
⛔ Stop Loss: $0.440
Protect your capital! A stop-loss at this level minimizes risk if the trade goes against you, ensuring you stay in control.
---
🎯 Profit Targets:
Target 1: $0.550
Once this level is hit, move your stop-loss to breakeven to lock in safety and let the rest ride risk-free.
Target 2: $0.599
The mid-level target with decent profit potential.
Target 3: $0.650
The final bull target – if the momentum continues, this could be the sweet spot for maximum gain.
---
⚖️ Risk-to-Reward Ratio: 3:1
A solid 3:1 ratio means you’re risking less to gain more – an essential rule for long-term success in trading.
---
🔁 Strategy Tip:
Always adapt. Once Target 1 is reached, shift your stop-loss to your entry price. This creates a risk-free zone for the rest of the trade. From there, ride the trend and take profits gradually as your targets are met.
---
Final Thoughts:
XTZ is shaping up for a strong move. This setup isn’t just about chasing pumps – it’s about planned execution, risk management, and strategic exits. Whether you're a beginner or seasoned trader, following this plan could make the difference between random results and consistent growth.
Trade smart, not hard. Let the plan work for you!
#xtz #noobtoprotrader $XTZ
Looking for a solid trade setup with high potential and controlled risk? Here’s a well-planned strategy for XTZ (Tezos) that combines technical precision with a smart risk/reward approach.
---
📌 Entry Zone: $0.479 – $0.519
This is your ideal buying zone. Entering within this range offers a low-risk opportunity for swing traders aiming to capitalize on a potential upside move.
---
⛔ Stop Loss: $0.440
Protect your capital! A stop-loss at this level minimizes risk if the trade goes against you, ensuring you stay in control.
---
🎯 Profit Targets:
Target 1: $0.550
Once this level is hit, move your stop-loss to breakeven to lock in safety and let the rest ride risk-free.
Target 2: $0.599
The mid-level target with decent profit potential.
Target 3: $0.650
The final bull target – if the momentum continues, this could be the sweet spot for maximum gain.
---
⚖️ Risk-to-Reward Ratio: 3:1
A solid 3:1 ratio means you’re risking less to gain more – an essential rule for long-term success in trading.
---
🔁 Strategy Tip:
Always adapt. Once Target 1 is reached, shift your stop-loss to your entry price. This creates a risk-free zone for the rest of the trade. From there, ride the trend and take profits gradually as your targets are met.
---
Final Thoughts:
XTZ is shaping up for a strong move. This setup isn’t just about chasing pumps – it’s about planned execution, risk management, and strategic exits. Whether you're a beginner or seasoned trader, following this plan could make the difference between random results and consistent growth.
Trade smart, not hard. Let the plan work for you!
#xtz #noobtoprotrader $XTZ
$XTZ
XTZ/USDT Trading Signal with High Profit Gain: Buy, Sell, and Stop Limit Targets 🎯
Current Price: $1.44
$XTZ
Target 1: $1.46
Target 2: $1.48
Target 3: $1.50
Stop Loss: $1.42
Pro Tip:
XTZ has shown a slight decline of -1.50% but is trading near its SAR resistance of $1.455. A rebound above $1.46 could lead to a price surge towards $1.48 and $1.50. Use $1.42 as your stop loss to minimize downside risk. Keep an eye on volume and trend indicators for better trade execution.
#XTZ #BTC100KTrumpEffect #BullCyclePrediction #BinanceMegadropSolv #TrumpBTCBoomOrBust
XTZ/USDT Trading Signal with High Profit Gain: Buy, Sell, and Stop Limit Targets 🎯
Current Price: $1.44
$XTZ
Target 1: $1.46
Target 2: $1.48
Target 3: $1.50
Stop Loss: $1.42
Pro Tip:
XTZ has shown a slight decline of -1.50% but is trading near its SAR resistance of $1.455. A rebound above $1.46 could lead to a price surge towards $1.48 and $1.50. Use $1.42 as your stop loss to minimize downside risk. Keep an eye on volume and trend indicators for better trade execution.
#XTZ #BTC100KTrumpEffect #BullCyclePrediction #BinanceMegadropSolv #TrumpBTCBoomOrBust
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These cryptocurrencies could hit new lows in May ..........
After the mixed cues the market received throughout March and April, some cryptocurrencies surged while others came close to setting new bearish records. Heading into May, the market hasn’t moved much, which means some of these altcoins could see a significant drop.
Bitcoin SV could drop: Bitcoin SV (BSV), the eponymous hard fork of Bitcoin, has been on the charts since early April. As a result, the altcoin is currently trading at $64, at the time of writing, having already hit its lowest level in 2024.
However, that’s not the only record it’s breaking, as BSV is expected to drop to $50 in the coming days, marking its lowest level since December 2023.
The Moving Average Convergence Divergence (MACD) also isn’t showing any clear signs of which direction BSV could take it.
MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. Although some green can be seen on the indicator, it’s not indicative of bullishness.
Therefore, the spending trend could change the price action of BSV due to the broader market cues, and could lead to new all-time lows.
Tezos’ woes continue: Tezos (XTZ) price is floating above a critical support level of $0.945, which would result in a drop to $0.87, which is XTZ’s lowest point since the beginning of the year.
If this support level is also lost, there is a high probability that the altcoin will drop to $0.76, which is actually the lowest level of XTZ since the beginning of the year. Therefore, the price of the altcoin will hit a new low this year.
Synthetix is in trouble
Losing this support line would mark a new year-to-date low for SNX and the lowest price point for Synthetix since mid-November 2023, possibly a six-month low.
If this downward trend continues, SNX could fall further, potentially pushing SNX to $2, making it difficult to recover. Since the start of 2024, Algorand’s price has held a successful support level of $0.158, having tested it twice so far.Earlier last week, the altcoin bounced off the same support level to $0.185, but it could fall below that support this time.
Due to the bearish market and the lack of incentives among investors at the moment, ALGO could drop to $0.158. Losing this support line would mean that ALGO is about to drop to $0.1000.
This would take the altcoin to multi-month lows, making recovery more difficult. As a result, Algorand price could soon see a significant drop on the charts.
如果你也比较迷茫，不知道怎么布局，关注大阳，点头像，看介绍，做你的指路明灯
#SNX #BSV #xtz #ETH #BTC
After the mixed cues the market received throughout March and April, some cryptocurrencies surged while others came close to setting new bearish records. Heading into May, the market hasn’t moved much, which means some of these altcoins could see a significant drop.
Bitcoin SV could drop: Bitcoin SV (BSV), the eponymous hard fork of Bitcoin, has been on the charts since early April. As a result, the altcoin is currently trading at $64, at the time of writing, having already hit its lowest level in 2024.
However, that’s not the only record it’s breaking, as BSV is expected to drop to $50 in the coming days, marking its lowest level since December 2023.
The Moving Average Convergence Divergence (MACD) also isn’t showing any clear signs of which direction BSV could take it.
MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. Although some green can be seen on the indicator, it’s not indicative of bullishness.
Therefore, the spending trend could change the price action of BSV due to the broader market cues, and could lead to new all-time lows.
Tezos’ woes continue: Tezos (XTZ) price is floating above a critical support level of $0.945, which would result in a drop to $0.87, which is XTZ’s lowest point since the beginning of the year.
If this support level is also lost, there is a high probability that the altcoin will drop to $0.76, which is actually the lowest level of XTZ since the beginning of the year. Therefore, the price of the altcoin will hit a new low this year.
Synthetix is in trouble
Losing this support line would mark a new year-to-date low for SNX and the lowest price point for Synthetix since mid-November 2023, possibly a six-month low.
If this downward trend continues, SNX could fall further, potentially pushing SNX to $2, making it difficult to recover. Since the start of 2024, Algorand’s price has held a successful support level of $0.158, having tested it twice so far.Earlier last week, the altcoin bounced off the same support level to $0.185, but it could fall below that support this time.
Due to the bearish market and the lack of incentives among investors at the moment, ALGO could drop to $0.158. Losing this support line would mean that ALGO is about to drop to $0.1000.
This would take the altcoin to multi-month lows, making recovery more difficult. As a result, Algorand price could soon see a significant drop on the charts.
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