#Bitcoin Breaks Above $120K Amid Bullish Momentum and Institutional Accumulation
Bitcoin has officially surged past the $120,000 mark, confirming strong upward momentum supported by bullish technical indicators. The daily chart shows widening EMAs, a strengthening MACD, and an RSI firmly in overbought territory—all reinforcing the case for continued upside.
However, a dense cluster of sell walls around $120K could act as short-term resistance. Order book data shows more than $54M in asks at this level, suggesting price may consolidate before making its next move. On the downside, bid walls just below provide some buffer, but deeper support lies around $105K–$101K if a pullback occurs.
Adding to the bullish narrative, Metaplanet CEO Simon Gerovich announced the company acquired another 797 BTC at an average of ~$117.5K. This brings their total holdings to 16,352 BTC, with a remarkable 435.9% YTD BTC yield in 2025.
Traders will be watching closely for either a breakout above resistance or signs of a reversal at these levels.
#USCryptoWeek #BTC120kVs125kToday #TradingSignals $BTC
Read the full analysis: www.ecoinimist.com/2025/07/14/bitcoin-price-breaks-120k-metaplanet-buy
Algorand (ALGO) is showing powerful bullish momentum on the daily chart. With the 9-day EMA sharply outpacing the 20-day EMA and the RSI moving into extreme overbought territory, momentum appears to be firmly in the hands of the bulls. MACD strength continues to rise, reflecting sustained buying pressure.
However, key resistance looms near the $0.291–$0.3025 range, just above a major bid wall at $0.283. A successful breakout above these levels could trigger a move toward the $0.3187 resistance zone. On the downside, support sits at $0.2668 and $0.2303, reinforced by large buy-side liquidity. Order book dynamics suggest the next major move could be swift depending on which wall gives way first.
This setup is one to watch closely for both breakout and pullback opportunities. Traders are keeping their eyes on the charts.
#Algorand #ALGO #cryptotrading #TechnicalAnalysis $ALGO
Read the full analysis: www.ecoinimist.com/2025/07/14/algorand-price-bull-run-might-start
Crypto Titans Rally: Bitcoin Tops $121K, Ethereum Breaks $3K, XRP Targets $3+
Bulls aim $126K as Bitcoin reaches a record $121K.
A golden cross helps Ethereum rise beyond $3,000, enhancing its prospects of additional increases.
Ripple's XRP continues Sunday's gains for a bullish week, approaching $3.
Bitcoin (BTC) hits a new high of $121,492 on Monday. Ethereum (ETH) breaks $3,000 as Ripple (XRP) approaches $3. With increased positive momentum, traders expect the top 3 cryptocurrencies to surge further.
Bitcoin sets record high, aims $126K
At press time on Monday, Bitcoin reached unknown peaks over $121K, up roughly 2%. The BTC surge tests the 61.8% trend-based Fibonacci retracement mark at $121,357 from April 7's $74,508 low to May 22's $111,980 high.
Bitcoin is entering price discovery phase, thus a daily close over $121,357 might extend the rise to $127,652, the 78.6% Fibonacci level.
A pullback from the 61.8% Fibonacci level at $121,357 might continue the decline to the 50% level at $116,936.
Ethereum surpasses $3,000 as surge continues
Ethereum is up over 2% today, surpassing $3,000 for a five-month high. The largest cryptocurrency approaches the 61.8% Fibonacci retracement mark at $3,067 from the December 16 high of $4,107 to the April 9 low of $1,385.
A decisive closing above this level might extend the uptrend to 3,525, the 78.6% Fibonacci level.
However, if Ethereum reverses from $3,067, it may attempt the 50% Fibonacci level at $2,746.
Trend-reversal rally XRP targets $3.
XRP is up over 3% on Monday, building on last week's 24% gain. The cross-border payment coin breaks a resistance trendline between January 16 and May 12 highs.
If XRP closes above $2.99, the March 2 high, it might continue the upswing to $3.29, last reached on January 20.
XRP might hit $2.65 support previously tested on Saturday if it reverses.
#BTC120kVs125kToday #ETHBreaks3k #XRP3 #USCryptoWeek $BTC $ETH $XRP
🔥 $ETH /USDT – Ethereum Heats Up! New Highs in Sight? 🚀
{spot}(ETHUSDT)
Ethereum is trading strong at $3,044, up 2.78%, showing resilience above key support levels. With a 24h high of $3,058.60 and surging volume (487K ETH), the bulls are eyeing a breakout above $3,065! 📈
📊 Trade Setup:
Entry Zone: $3,030 – $3,050
Stop Loss: $2,920
Target 1: $3,100
Target 2: $3,180
Target 3: $3,250
🛡️ Major Support: $2,920
📈 Resistance Zone: $3,065 – $3,100
💬 ETH is gaining strength alongside BTC — is the next leg up around the corner? Don’t miss the momentum! ⚡
#BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #ETHBreaks3k #TradingStrategyMistakes