#Coins ready to soar
Based on the technical analysis and market trends from the provided sources, the following cryptocurrencies show potential for short-term upward momentum:
**1. Bitcoin (BTC)**
- **Key Technical Signals**:
- **Trendline Breakout**: Bitcoin recently invalidated a multi-month downtrend against gold (BTC/XAU ratio), signaling a bullish reversal .
- **MACD Momentum**: Positive flip in the MACD histogram and bullish crossover of 5- and 10-day SMAs suggest strengthening momentum .
- **RSI Divergence**: A bullish divergence on the daily RSI indicates potential recovery from oversold conditions, with a target to reclaim $92,000 .
- **Catalysts**:
- Post-halving supply dynamics and institutional ETF inflows (e.g., BlackRock’s $15B Bitcoin holdings) .
- Analysts like Cathie Wood predict long-term gains, but short-term targets focus on $100,000–$150,000 .
**2. Monero (XMR)**
- **Technical Breakout**:
- **Golden Cross**: The 50-week SMA crossed above the 200-week SMA, confirming a long-term bullish shift.
- **Consolidation Breakout**: XMR surged from $165 to $200, forming a "long-tailed" bullish candle on weekly charts. Resistance levels to watch: $242 (February high) and $289 (April 2022 high).
- **Momentum**: The privacy coin’s recovery aligns with renewed interest in altcoins with strong use cases.
**3. XRP**
- **Pattern Formation**:
- **Symmetrical Triangle**: Consolidating between $1.60 (support) and $2.20 (resistance). A breakout above $2.20 could trigger a rally toward $5–$8 .
- **Fibonacci Levels**: A successful breakout aligns with the 61.8% retracement level, reinforcing bullish targets.
- **Catalysts**:
- Regulatory clarity from the SEC and potential inclusion in U.S. digital asset reserves .
- Speculation around a spot XRP ETF in 2025, which could drive $8B in inflows .
**4. Near Protocol (NEAR)**
- **Short-Term Rebound**:
- **Descending Wedge Breakout**: Despite a bearish long-term outlook (predicted $0.75 by year-end), NEAR shows signs of a short-term bounce. The MACD’s bullish divergence and wedge breakout could push prices to $3.50.
- **Volatility**: High ATR (0.89) indicates potential for sharp moves, though caution is advised due to weak CCN Strength Index (27.8).
**Critical Levels to Watch**
| **Coin** | **Support** | **Resistance** | **Target** |
|----------|-------------------|--------------------|-------------------|
| BTC | $73,500 | $92,000 | $100,000–$150,000|
| XMR | $200 | $242 | $289 |
| XRP | $1.60 | $2.20 | $5–$8 |
| NEAR | $2.12 | $3.50 | $4.84 (max) |
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### **Conclusion**
Bitcoin and XRP are positioned for gains driven by macro catalysts (ETFs, regulation), while Monero and NEAR offer shorter-term technical setups. Monitor resistance levels for confirmation of breakouts. For high-risk traders, NEAR’s volatility or XMR’s privacy narrative could amplify returns, but always align trades with risk management strategies.