whats your expectations about weekly close of Bitcoin? #bey | BeyOglu - The Analyst on Binance Square

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whats your expectations about weekly close of Bitcoin?
#beyoglu $BTC 

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Solana’s price trades within two key levels: the 200-day Exponential Moving Average (EMA), which offers support at approximately $164 and $185, where the uptrend recently faltered. A sell signal from the Moving Average Convergence Divergence (MACD) indicator was confirmed on May 18, when the blue MACD line crossed below the red signal line. The downtrend targeting the mean line (0.00) and the red histogram bars expanding below it suggest an intensifying bearish momentum. The Relative Strength Index (RSI) downtrend approaching the 50 midline reflects Solana’s fading bullish momentum. Should the RSI slide below this pivotal level, the path with the least resistance could stay downwards, leaving SOL vulnerable to sell-side pressure.

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Can $XRP bulls steady the uptrend? #XRP price hovers slightly above the short-term support provided by the 50-day Exponential Moving Average (EMA) at approximately $2.30. Slightly below this level, the 100-day EMA is reinforcing the support at $2.27. Despite the strong support, a sell signal confirmed by the Moving Average Convergence Divergence (MACD) indicator on May 20 could encourage traders to sell XRP. This signal occurs when the blue MACD line crosses above the red signal line. At the same time, the Money Flow Index (MFI), a momentum indicator that measures the flow of money into and out of XRP, is downward. The drop from near-overbought conditions at 76 on May 14 supports the bearish outlook. A price movement below the 50-day EMA and the 100-day EMA could indicate increasing selling pressure. Hence, key areas of interest for traders likely to buy the dip include the 200-day EMA at $2.06 and the April 7 low at $1.61. Still, the SuperTrend indicator displays a buy signal, indicating that bulls still have the upper hand and could resolve the current indecision to the upside. The SuperTrend is a trend-following volatility indicator that sends a buy signal when the price crosses above it, changing color from red to green. As long as it trails the XRP price, the probability of a bullish breakout would remain high. Key levels and milestones for monitoring progress toward the $3.00 target include a break above the descending trendline and the supply zone at $2.80, which was tested as resistance in February and December.

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V-Shaped Recovery Pattern Signals $295+ Target for $SOL Solana’s price chart has been carving out a clear V-shaped recovery on the weekly timeframe since January, suggesting a strong reversal from the previous downtrend. This bullish formation reflects growing momentum, supported by rising network activity and capital inflows. Currently, SOL is trading just below a critical supply zone between $180 and $200. A decisive breakout above this range could trigger a rally toward the pattern’s neckline around $252, a key level needed to confirm the completion of the V-formation. Should SOL clear that resistance, the next major target lies at the previous all-time high above $295 — representing a potential 66% upside from current levels. With both technical and onchain factors aligning, the setup points to a possible continuation of Solana’s bullish trajectory. #solana #beyoglu

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