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Shakeel Baig
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ETH
is currently trading at $4,327.75! Where do you see it heading next? Bullish or bearish? #ETH #crypto
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Shakeel Baig
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Cryptocurrency Predictions - *Bitcoin (BTC)*: BTC is trying to stay above $112,500, with potential growth limited due to whale selling and decreased demand from treasury companies. Resistance levels are at $115,000 and $120,000, while support is at $107,000 and $100,000. If whales continue selling, growth may be capped. - *Ethereum (ETH)*: ETH is trading near $4,351, with $4,060 as a key support level. A breakout above $4,500 could lead to a rally towards $4,956 and $5,500. - *XRP*: XRP is approaching a downtrend line, with sellers expected to defend it. A breakout could push XRP to $3.40, while a failure might keep it inside the triangle. - *Binance Coin (BNB)*: BNB rose above $861, with potential resistance at $900. A breakout could lead to a rally towards $1,000. - *Solana (SOL)*: SOL bounced off $201, with bulls trying to push the price above $218. A breakout could lead to growth towards $240 and $260. - *Dogecoin (DOGE)*: DOGE is trading between $0.21 and $0.26, with potential upside towards $0.29 and $0.44. - *Cardano (ADA)*: ADA is approaching a downtrend line, with potential resistance at $0.96 and $1.02. - *Hyperliquid (HYPE)*: HYPE broke above $51.19, with potential growth towards $64.25. Market Predictions - *S&P 500 Index (SPX)*: SPX hit a new high, but profit-taking and negative divergence in RSI suggest potential correction towards 6147 or growth towards 6700. - *US Dollar Index (DXY)*: DXY is facing selling pressure, with potential support at 97.10 and 96.37. A break below 96.37 could lead to a decline towards 95.
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$POLYX i expect POLYXUSDT to attempt a move upward from the current discount area, especially if it first grabs liquidity down towards 0.1233 or 0.1193 and then shows reversal strength. If bullish confirmation shows up in this support region, longing with targets at 0.1318, 0.1334, 0.1388, and stretching to 0.1529 looks attractive. - If price fails to hold above 0.1160 and closes below 0.1068, this bullish bias is invalidated and a further drop may occur—wait for new structures to form before acting. - If price impulsively breaks above 0.1388 and holds, look for a continuation to 0.1529 and higher, but this should only be acted upon after confirmation (break and retest, strong closes above, or trend acceleration). DYOR
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ETH 3 HOUR CHART AFTER THE BREAKOUT SPEND SOME TIME NEAR THE LINE LIKE IT HAPPENED IN THE PREVIOUS BREAKOUT, THIS IS EVEN BETTER
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Gold is setting records, and Bitcoin is likely to follow. This could trigger fresh institutional inflows into crypto. Momentum is building for a major BTC rally.
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