š Just completed the Blockchain Deep Dive Certificate from Binance Academy! In this highly volatile market, knowledge is the ultimate āweaponā to seize opportunities š”
What do you think ā is the current pullback just a short-term shakeout, or the signal of a new trend? š¤ Letās discuss, fam! š
Can Bitcoin Cash break the resistance, or will the bears continue to hold it down? The battle between bulls and bears is intense ā whatās your prediction?ā
BCH Technical Analysis
In recent days, bulls have repeatedly tried to push Bitcoin Cash (BCH) above the 50-day SMA at $529, but the bears have maintained their stronghold.
Sellers are now attempting to pull the price down to the strong support zone around $443. If the price rebounds from the current level or bounces off $443, bulls will once again challenge the resistance level.
If successful, the BCH/USDT pair could start a new uptrend targeting $580 first, followed by $615.
Conversely, if the $443 support zone is broken, the price may drop further toward the support level of the descending wedge pattern.
āChainlink faces a major test ā can the bulls hold the critical support level, or will the bears continue to dominate? What do you think will happen to LINK?ā
LINK Technical Analysis
Chainlink (LINK) is gradually slipping toward the key support zone at $13.69, reflecting growing bearish sentiment in the market.
The bears will attempt to push the price below this support to extend the downtrend. If successful, the LINK/USDT pair could drop to around $12.73, and then further down to $10.94.
Bulls are expected to defend the $10.94 level strongly, as a break below this zone could lead to a deeper decline toward $7.90.
The RSI is showing signs of a bullish divergence, but to strengthen upward momentum, bulls need to push the price above the 20-day EMA at $16.05. Then, the pair could target higher resistance levels.
āHyperliquid is in a fight for survival ā can the bulls hold their ground, or will the bears continue to dominate? Where do you think HYPEās price is headed?ā
HYPE Technical Analysis
The bulls are trying to keep Hyperliquid (HYPE) above the key support level at $35.50, but the bears continue to apply strong selling pressure.
Both moving averages are sloping downward, and the RSI remains in negative territory, indicating that bears are currently in control in the short term.
If the $35.50 support is broken, the HYPE/USDT pair could decline further to $30.50 and then down to $28.
On the flip side, to regain strength, bulls need to push and hold the price above the 50-day SMA at $42.23. Then, the pair could rise toward the $52 level, where bears are expected to reappear with strong selling pressure.
āCan Cardano hold its crucial support level, or will the downtrend continue? Bulls and bears are fiercely battling ā who are you backing?ā
ADA Technical Analysis
Cardano (ADA) has dropped to the $0.50 zone, where strong buying pressure is expected to defend this important support level.
If the price rebounds from this area and breaks above the 20-day EMA at $0.58, it would indicate that selling pressure is weakening. The ADA/USDT pair could then target the 50-day SMA near $0.67 and further up to $0.74.
On the other hand, if the downtrend continues and the price breaks below $0.50, it would signal the start of a new decline. Cardano could fall sharply to $0.40 and even further down to the October 10 low near $0.27.
Solana is on the edge ā can the bulls save the price or will the bears maintain control? Whatās your take on SOLās future?ā
SOL Technical Analysis
Solana closed below the $155 level on Wednesday and continued to drop below the $145 support on Thursday.
Currently, the price has minor support around $137, but this level is at risk of breaking. If it does, the SOL/USDT pair could fall further to around $126, and even further down to a strong support zone near $110, where bulls are expected to step in.
The 20-day EMA at $166 remains a key resistance level that bulls need to overcome to signal a potential recovery. If successful, Solana could target the 50-day SMA near $191.
āWill BNB hold its crucial support level or continue to slide? The battle between bulls and bears is intensifying ā which side do you think will prevail?ā
BNB Technical Analysis
BNB is gradually slipping toward a key short-term support level at $860. The 20-day EMA (around $1,004) is sloping downward, while the RSI is approaching oversold territory, indicating that the BNB/USDT pair faces the risk of breaking below the $860 support.
If this support is breached, BNB could fall sharply toward the $730 level.
On the other hand, if the price rebounds strongly from $860 and manages to break above the 20-day EMA, it would signal the formation of a sideways consolidation zone. The pair may then trade within a wide range between $860 and $1,183 for some time.
āXRP is struggling on the edge between survival and collapse ā will the bulls break through resistance, or will the bears continue to dominate? Where do you think the price is headed?ā
XRP Technical Analysis
The bulls once again tried to push XRP above the 50-day SMA at $2.56 on Thursday, but the bears maintained a stronghold, preventing any upward momentum.
Currently, the XRP/USDT pair may continue to head toward the $2.06 support level, which is at risk of being breached. If this support fails to hold, XRP could sharply decline to $1.90 and potentially further down to the critical support zone around $1.61.
Any short-term recovery attempts are expected to face selling pressure near the 50-day SMA and the descending trendline. A close above the descending trendline would signal that the bulls have regained control, opening the door for a potential rally toward $3.20.
Can the bulls still hold Ether above the critical level? The battle between bulls and bears is more intense than ever ā which side do you think will win?ā
ETH Technical Analysis
The bulls failed to push Ether above the 20-day EMA at around $3,567 on Thursday, triggering strong selling pressure that dragged the price below the $3,350 support level.
The bears are now trying to capitalize on this opportunity by pushing ETH below the key support at $3,050. If successful, selling momentum could accelerate, potentially driving the ETH/USDT pair down sharply to the $2,500 zone.
On the flip side, to demonstrate strength and recovery potential, the bulls need to quickly bring the price back above and sustain it over the 20-day EMA. Then, the next target could be the 50-day SMA around $3,930 ā where bears are expected to mount strong defenses.
BTC dropping below $100,000 ā is this the beginning of a collapse, or just the final shakeout before a massive rally? Both sides have their arguments⦠which side are YOU on?āBears currently dominate the market as they continue defending the newly formed resistance zone around $100,000. The inability of BTC to reclaim this level highlights the sellersā strong control.
On the daily chart, the 20-day EMA (around $104,800) is sloping downward, while the RSI drifts closer to oversold territory ā confirming the continuation of the bearish trend. Any short-term rebound is likely to face heavy selling pressure around the $100,000 resistance area.
Immediate support lies near $92,000, though current market structure suggests this level may not hold if selling pressure intensifies. A breakdown below it could open the path toward deeper support around $87,800.
Conversely, for the bulls to regain momentum, BTC needs to close back above $107,000, which would signal a potential trend reversal.
Pepe Approaches a Potential āSell-Offā Phase as Bearish Pressure Builds
On Fridayās trading session, Pepe (PEPE) continued to weaken, slipping nearly 1% and extending its 5% decline from the previous day. Recent price action shows the memecoin is following a familiar pattern: breakdown ā retest ā continuation, similar to Dogecoin during its corrective phase. On the daily timeframe, the $0.00000650 level is acting as a strong supply zone, consistently rejecting any recovery attempt. Bears are defending this region aggressively, making it difficult for PEPE to establish sustainable upward momentum. Below current price, the S1 Pivot Point at $0.00000528 serves as a key support absorbing short-term selling pressure. However, a daily close below this level could strengthen the downtrend, exposing PEPE to a deeper move toward the S2 Pivot Point at $0.00000449, a zone that previously triggered strong reactions during major corrections. From a technical standpoint, indicators continue to favor a bearish scenario: The RSI remains near 33, close to oversold territory, showing a slight bullish divergence that suggests selling pressure may temporarily ease. The MACD, however, signals risk as the MACD line is nearing a bearish crossover beneath the signal line ā typically a confirmation of further downside momentum. On the upside, if any rebound occurs, PEPE is likely to face significant resistance at $0.00000650, considered a major supply zone and the toughest level for bulls to reclaim before any meaningful trend reversal. #PEPE #CryptoNews #Altcoins
Shiba Inu Faces the Risk of Losing a Key Support Zone
Shiba Inu (SHIB) continues to weaken as the price falls below the psychological level of $0.00001000, marking its fourth consecutive red daily candle. Selling pressure is pushing the market back toward the Pivot Point S1 at $0.00000879 ā a zone that previously acted as strong support during last weekās rebound. If the price closes below this level, the short-term downtrend may strengthen, opening the door for a deeper pullback toward Pivot Point S2 around $0.00000759 ā considered the ālast line of defenseā for buyers at this stage. A breakdown below S2 could trigger additional downside momentum, dragging SHIB back to its earlier quarterly lows. From a technical perspective, indicators are showing a notable divergence: the RSI sits at 39 and is forming a potential bullish divergence, hinting that buyers may be quietly accumulating. However, the MACD is nearing a bearish cross, reflecting that selling momentum still dominates. This contrast makes SHIBās short-term outlook more uncertain. In a more positive scenario, if SHIB rebounds from the $0.00000759 zone, new buying demand may emerge, allowing the price to retest the $0.00001000 resistance level. A successful breakout and sustained move above this zone would signal an early reversal and open the path for a more solid recovery in the coming sessions. #SHIB #ShibaInu #CryptoAnalysis
Dogecoin Faces Deep Correction Risk as Bearish Momentum Strengthens
Dogecoin (DOGE) continues to face heavy pressure as it trades below the 0.17000 USD zone heading into the weekend, following a nearly 4% drop in the previous session. The repeated rejection at the 0.18000 USD resistance area, combined with a clear ābreak ā retest ā continuationā pattern, signals that the bearish trend is returning stronglyāespecially as overall crypto sentiment turns defensive amid fading expectations of a Fed rate cut in December. After the failed retest, DOGE is now at risk of sliding deeper toward the key support level at 0.12986 USD, the low established on April 7. This is a critical zone, as a breakdown below it could allow bears to drive the price further toward the psychological level of 0.10000 USD and even retest the October 10 low at 0.095000 USD. Losing these levels would likely extend the downtrend into higher timeframes. On the daily chart, MACD is narrowing its distance from the signal line and approaching a bearish crossoverātypically a sign of rising downward momentum. Meanwhile, RSI sits around 38, still below the equilibrium zone, suggesting that bullish strength has yet to return, although a potential bullish divergence could form if DOGE holds its current price region. Notably, DOGE remains below the 50-day, 100-day, and 200-day EMA lines, reinforcing the view that bearish momentum continues to dominate. The inability to reclaim these EMAs indicates that buying pressure is still weak and the market lacks a clear catalyst for reversal. In a more optimistic scenario, DOGE needs to defend the 0.15000 USD level to ease selling pressure. If buying interest improvesāespecially with speculation surrounding the potential launch of the Bitwise DOGE ETF later this monthāthe price could attempt a recovery and retest the 0.18000 USD resistance zone. However, any rebound will largely depend on broader market conditions and upcoming policy signals from the Federal Reserve. #Dogecoin #DOGE #CryptoAnalysis
Is Dogecoin About to Surge to $1 or Crash to $0.12?
Recent Dogecoin (DOGE) price forecasts are attracting significant attention as the market identifies a crucial technical threshold that could determine the next trend. According to analysts, DOGE faces two contrasting scenarios: either a 5x surge to $1, or a steep drop to strong support at $0.12 if the current structure fails to hold. Repeating Bullish Pattern ā Signaling a New Parabolic Cycle On the daily chart, Dogecoin is forming a familiar price pattern previously seen before major historical rallies. Past cycles show that DOGE tends to enter a long recovery phase after breaking resistance, then consolidates tightly before exploding. The same process is unfolding: DOGE has broken a key resistance and successfully retested it, creating a solid foundation for a potential parabolic uptrend. Notably, on the monthly timeframe, the breakout ā accumulation ā expansion pattern is repeating almost identically to the 2017 and 2021 cycles. Back then, DOGE increased tens of times within months. If history repeats, the upcoming surge could be even stronger due to tighter market structure and stronger base buying pressure. According to Crypto Patel, the current setup could bring DOGE growth from 10x to 33x, targeting ambitious levels like $2 and $5 in the next major cycle. The alignment between technical patterns and long-term symmetry strengthens the reliability of this forecast. DOGEās Immediate Target: $0.18 Analysis by TATrader Alan shows that DOGE has just completed a corrective phase and is showing early signs of recovery ā similar to mid-year scenarios. Historically, DOGE tends to accumulate strongly after this phase before breaking ascending triangles and entering continuation rallies. The current structure indicates buyers gradually returning, higher lows forming, and improving volume. If this trend continues, the short-term target of $0.18 is well within reach. Dogecoin Repeating the āCalm Before the Stormā Pattern On the weekly chart, DOGE has maintained higher lows consistently since 2023 ā a signal that the long-term uptrend remains intact. Additionally, the current accumulation phase is considered a āquiet period,ā where smart money quietly builds positions while price volatility is compressed. Importantly, DOGEās long-term trendline connecting previous highs has held for over a year without being broken. If DOGE successfully breaks this trendline in the next attempt, $0.80 or even higher targets could become achievable. #Dogecoin #DOGE #CryptoNews
š„ Everyone, I really need your honest opinion⦠Iām currently stuck in two positions, BTC and ETH, and both are deeply in the red š The market is still bleeding and price action is hard to predict.
š Should I keep holding or cut the loss now? š Do you think BTC and ETH can recover in the coming days, or will they dip even lower?
There are so many mixed views right now that Iām not sure which direction to take. Please share your personal opinion below⦠hold or cut? I really need different perspectives before making my final decision š
XRP Faces the Risk of a Deeper Correction After Closing Below Key Support
XRP is showing clear signs of weakening in the short term after repeatedly failing to break through major technical resistance levels. On Monday, XRP surged 6.75%, retesting the 50-day EMA at $2.53. However, this upward momentum quickly faded as the market failed to sustain buying pressure, causing the coin to reverse in the following session. By Tuesday, XRP was rejected once again at the 50-day EMA ā a level that has consistently acted as a strong barrier in recent weeks. Selling pressure extended into Thursday, with the price dropping another 2.74% and closing below the critical support at $2.35. This breakdown is considered bearish, signaling that sellers are increasingly gaining control over the trend. As of late Friday, XRP is fluctuating around $2.30, reflecting cautious and indecisive market sentiment. If the corrective pressure continues to build, XRP is likely to decline toward the next key support zone at $1.96 ā an area that previously attracted significant buying interest and may serve as an important level for determining the medium-term trend. Technical indicators also lean toward a bearish scenario. The RSI is moving below the neutral range, showing a clear loss of bullish momentum. Meanwhile, the MACD reflects market hesitation, as the signal lines are not yet diverging strongly ā indicating a state of uncertainty from both buyers and sellers. On the other hand, if buying activity returns, XRP could recover and attempt another test of the 50-day EMA at $2.53. A successful breakout above this level could open the door for a more sustainable upward move. #XRP #Ripple #CryptoMarket
Ethereum Pulls Back After Rejection at Key Resistance Zone
Ethereum is facing strong downward pressure after being clearly rejected at the $3,592 level ā which previously acted as a major support before being broken. Bulls attempted to retest this zone earlier in the week, but heavy selling quickly pushed ETH lower, resulting in a nearly 10% drop over the following three days. As of Friday afternoon, ETH is trading around $3,200, reflecting a cautious market sentiment. If selling pressure continues and the price closes below the critical support at $3,170, Ethereum may extend its decline toward the $3,017 zone ā a historically strong support area during previous corrections. Technical indicators also favor a deeper pullback. The RSI is moving below the neutral zone, signaling weakening buying momentum. Meanwhile, the MACD continues to widen its bearish crossover, indicating intensifying downward momentum. These signals suggest that the risk of further correction remains high unless strong buying volume returns. However, a recovery scenario is still possible. Should buyers regain control, Ethereum could reverse course and revisit the 38.20% Fibonacci retracement level at $3,592. A successful breakout and sustained move above this zone could establish a foundation for a broader upward phase, easing the current bearish pressure. #Ethereum #ETH #CryptoMarket
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