XLM Price Analysis
Current: XLM tried to break through the upward resistance but was blocked by the bears.
Short-term trend: If the price falls below the moving average, it may fall back to the key support level of $0.38.
Strategy: At present, the long and short positions are competing, it is recommended to wait and see, and wait for clear signals from the market before operating.
ADA Price Analysis
Plate: ADA oscillates in a symmetrical triangle and touches the resistance line.
Current situation: The attempt to break through the resistance line failed, and the price fell back.
Key points: The 20-day moving average is an important short-term support.
Possible trend:
Failed to hold the moving average: It may continue to oscillate in the triangle.
Falling below the rising trend line: The bears may dominate, and the price may fall to $0.9.
Strategy: Breaking through the resistance line is bullish, and breaking through the trend line is bearish.
LINK Price Analysis
Current situation: LINK has risen strongly from below $20 and stood above the moving average.
Key resistance: $26, if it breaks through, it may hit $31.
Possible trend:
Break through $26: bullish to $31.
Hindered by $26: may fluctuate in the $20-26 range.
Operation suggestions:
Long: enter the market near $20.
Short: enter the market at the $26 resistance level.
Support: $20, if it falls below, look at $18.
Resistance: $26, look at $31 after breaking through.
DOGE price analysis
Current performance: DOGE broke through the 50-day moving average ($0.37) and withstood the short pressure.
Key points:
Support: 20-day moving average ($0.36), if it falls below, it may drop to $0.30.
Resistance: $0.40, if it stabilizes, look at $0.48.
Strategy:
Bullish: Stabilize above $0.40, target $0.48, pay attention to selling at high levels.
Bearish: Below $0.36, target $0.30.
XRP Price Analysis
Current situation: XRP breaks through $2.91 and forms new support.
Possible trend:
Bulls continue to exert force: target $5.
Below $2.91: Bears may fight back and fall back to the 20-day moving average ($2.66).
Strategy:
Bullish: Hold $2.91, target $4.84.
Bearish: Pay attention to below $2.91 and prepare to short.
