Suyay
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Updated Market Overview – June 24th.
The crypto market presents an aggregate capitalization of approximately USD 3.30 trillion, with an RSI index slightly above 50, suggesting a neutral-bullish bias.
$BTC operates in the USD 105–106 K range, after reaching an all-time high in May (~111.8 K).
Technicals such as the “golden cross” and Fibonacci levels point to potential increases up to USD 120–125 K this month, with more aggressive scenarios pointing to USD 150–200 K in case of improved liquidity.
$ETH is located near USD 2,240–2,250, driven by a monthly rally of more than 50%. Technical supports are identified between USD 2,316 and 2,402, which opens the door to a possible boost towards USD 3,000.
$XRP suffers impact from geopolitical tensions that could push it to < USD 1, including a potential floor at USD 0.94.
Altcoins:
Doge is trading near USD 0.15, with expectations of a rally up to USD 0.31–0.46.
Sol continues to consolidate as an Ethereum competitor in decentralized apps.
Determinant factors:
Monetary policy: signals of lower rates enhance risk investments.
Structural liquidity: flows towards crypto are more likely with lower returns in traditional instruments.
Geopolitical context: although it generates volatility, BTC and ETH show resilience.
Perspectives:
BTC: positive balance with short-term target at USD 120–125 K, and additional scenarios up to USD 150–200 K.
ETH: plausible rally towards USD 3,000 if the technical trend is maintained.
Selected Altcoins have revaluation potential if the general upward cycle is confirmed.
#MarketRebound
The crypto market presents an aggregate capitalization of approximately USD 3.30 trillion, with an RSI index slightly above 50, suggesting a neutral-bullish bias.
$BTC operates in the USD 105–106 K range, after reaching an all-time high in May (~111.8 K).
Technicals such as the “golden cross” and Fibonacci levels point to potential increases up to USD 120–125 K this month, with more aggressive scenarios pointing to USD 150–200 K in case of improved liquidity.
$ETH is located near USD 2,240–2,250, driven by a monthly rally of more than 50%. Technical supports are identified between USD 2,316 and 2,402, which opens the door to a possible boost towards USD 3,000.
$XRP suffers impact from geopolitical tensions that could push it to < USD 1, including a potential floor at USD 0.94.
Altcoins:
Doge is trading near USD 0.15, with expectations of a rally up to USD 0.31–0.46.
Sol continues to consolidate as an Ethereum competitor in decentralized apps.
Determinant factors:
Monetary policy: signals of lower rates enhance risk investments.
Structural liquidity: flows towards crypto are more likely with lower returns in traditional instruments.
Geopolitical context: although it generates volatility, BTC and ETH show resilience.
Perspectives:
BTC: positive balance with short-term target at USD 120–125 K, and additional scenarios up to USD 150–200 K.
ETH: plausible rally towards USD 3,000 if the technical trend is maintained.
Selected Altcoins have revaluation potential if the general upward cycle is confirmed.
#MarketRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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